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Upgraded Retail Center For Sale
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1930 Carolina Beach Road, Wilmington, NC 28401

Recently upgraded 3,950 SF retail center in Wilmington, NC.

Property Size3,950 SF
Price / SF$370.96
Days on Market101

Property Features for 1930 Carolina Beach Road

General Information

Standard status Active
Size 3,950 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $102,574

Building Details

Year Built 1988
Year Renovated 2023
Tenancy Multi
Listing Agency: Sands Investment Group Los Angeles
Listed By: Clifton McCrory · License #SC 99847
Source: Crexi
Added: May 13 Changed: Aug 8 Last Checked: Aug 20 at 7:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Los Angeles

Investment Insights

Based on property information with market context.

The Summerhill Square property, located at 1930 Carolina Beach Road in Wilmington, NC, is a 3,950 SF retail center. The asset has been recently upgraded with significant capital improvements. These include enhanced landscaping and irrigation, a freshly sealed and striped parking lot, and upgraded LED-lit pylon signage. Additional improvements feature modern security systems, new fencing, and a fully equipped commercial kitchen within the tea room unit. The center has been thoughtfully repositioned into an attractive neighborhood retail destination with newly curated tenants and refreshed interior buildouts, offering a unique investment opportunity.

Key Highlights

  • Recently upgraded asset with significant capital improvements.
  • Newly curated tenants and refreshed interior buildouts.
  • Enhanced landscaping and irrigation.

Property Analytics

Current Use

North Carolina Spray ... General Contractor DOG FACE BRANDS Production Facility The Timeless Table Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Bakery Electrical Service Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

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

What type of property is this?
Shopping center - Recently upgraded 3,950 SF retail center in Wilmington, NC.
Where is this shopping center located?
The property is located at 1930 Carolina Beach Road Wilmington, NC.
What is the asking price?
The asking price for this property is $1,465,300.
What are key features of this property?
This property features: Recently upgraded asset with significant capital improvements.; Newly curated tenants and refreshed interior buildouts.; Enhanced landscaping and irrigation.
More about this property
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