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Ground-Floor Anchored Shopping Center
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200 N Water St, Wilmington, NC 28401

Downtown retail center with established anchors and 93% occupancy.

Property Size31,308 SF
Days on Market143

Property Features for 200 N Water St

General Information

Standard status Active
Size 31,308 SF
Property subtype Retail
Occupancy 93%

Additional Details

Floor Ground
Anchor Co-Tenants Dollar General, Bank of America, Ruth's Chris

Building Details

Tenancy Multi
Listing Agency: JLL - Charlotte, North Carolina
Listed By: Tom Kolarczyk · License #NC#276931
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:36PM

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 JLL - Charlotte, North Carolina

Investment Insights

Based on property information with market context.

River Place is a 31,308-square-foot, ground-floor shopping center anchored by Dollar General, Bank of America, and Ruth’s Chris. The property is 93% occupied, with one vacant suite available within the center. Reported lease terms include 9 years of WALT at 93% leased.

The center is positioned along N Water Street in downtown Wilmington, North Carolina. The surrounding downtown setting includes museums, hotels, bars, and restaurants, while the submarket is also experiencing increased multifamily development. Wilmington’s population has grown 26% since the 2010 US Census.

Key Highlights

  • 31,308 SF ground‑floor retail shopping center
  • Anchored by Dollar General, Bank of America, and Ruth’s Chris
  • 93% occupied and 93% leased

Property Analytics

Current Use

Claude Howell Park City Park Orange Street Landing Tour Operator

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Garden Center Butcher Florist

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

93%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,301
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 100%
Shuckin' Shack Oyster Bar Dining
4,230 visits/mo 0.4 miles

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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Similar Off Market Nearby

  • Chandler's Wharf 225 S Water St, Wilmington, NC 28401
  • Quick-Tag Battleship North Carolina, 1 Battleship Rd NE, Wilmington, NC 28401
  • Hallway shops 21 N Front St, Wilmington, NC 28401

Frequently Asked Questions

What type of property is this?
Shopping center - Downtown retail center with established anchors and 93% occupancy.
Where is this shopping center located?
The property is located at 200 N Water St Wilmington, NC.
What are key features of this property?
This property features: 31,308 SF ground‑floor retail shopping center; Anchored by Dollar General, Bank of America, and Ruth’s Chris; 93% occupied and 93% leased
More about this property
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