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Restaurant Space with Existing Infrastructure

1705 Eastwood Road, Wilmington, NC 28405

For Lease
$3,475/Mo

Commercial Lease, Wilmington, NC

Space Size1,272 SF
Lot Size0.86 Acres
Days on Market50

Property Features for 1705 Eastwood Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning RB-REGIONAL BUS
Directions From Eastwood Road heading toward Wrightsville Beach, pass Military Cutoff Road and turn left into the Landfall Shopping Center. The building will be on your left.
Standard status Active
APN R05709-001-041-000
Size 1,272 SF
Lot size 0.86 Acres

Additional Details

Second-Generation Restaurant Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 5E SEC 1A LANDFALL CENTER REV
Tax Annual Amount 10192
Expense value 4000
Expense SecurityDeposit
Expense freq. One Time
Legal Description LOT 5E SEC 1A LANDFALL CENTER REV

Utilities

Heating system Electric (Heating), Heat Pump (Heating)

Building Details

Year built 1996
Flooring type Tile
Listing Agency: Coastal Properties
Listed By: Amy A Lu · License #316058
Added: Sep 18 Changed: Oct 31 Last Checked: Nov 6 at 7:06PM
MLS# 100604460

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This restaurant space in Landfall Shopping Center measures 1,272 square feet and includes tile flooring. Heating is provided by electric and heat-pump systems, and the building dates to 1996. The property is zoned RB-REGIONAL BUS.

The space is at the intersection of Eastwood Road and Military Cutoff Road in Wilmington, adjacent to the Landfall residential community and near established neighborhoods, businesses, and retail amenities.

Key Highlights

  • 1,272 square feet of restaurant space in Landfall Shopping Center
  • At the intersection of Eastwood Road and Military Cutoff Road
  • Adjacent to the Landfall residential community

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Fun Bowl Landfall Restaurant

Suggested Use

Top Pick Auto Parts Store Electrical Service Barber Shop Daycare Center Plumbing Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,577
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Wilmington, NC

$110 /SF/Yr
Avg Asking Price
$32.78–$225 /SF/Yr
Price Range
1,491 SF
Avg Space Size

This space is priced 70% below the average of $110 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A 1,272-square-foot space in a shopping center has tile flooring and electric and heat-pump heating.
Where is this conventional restaurant located?
The property is located at 1705 Eastwood Road Wilmington, NC.
What is the lease rate?
The lease rate is $3,475/Mo.
What are key features of this property?
This property features: 1,272 square feet of restaurant space in Landfall Shopping Center; At the intersection of Eastwood Road and Military Cutoff Road; Adjacent to the Landfall residential community
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