Strip Mall Investment
For Sale
$2,999,000
311 Atlantic Beach Cswy, Atlantic Beach, NC 28512
Well-maintained multi-unit strip center with strong occupancy and COR-3 zoning for flexible retail leasing.
Property Size5,857 SF
Price / SF$512.04
Days on Market93
Property Features for 311 Atlantic Beach Cswy
General Information
Standard status
Active
Size
5,857 SF
Property subtype
Retail
Zoning
COR-3
Occupancy
80%
Building Details
Year Built
1989
Listing Agency:
SVN Efird Commercial Real Estate
Listed By:
Andrew Norris
(910) 471-6615
Source:
Svn
Added: Jun 2
Changed: Aug 26
Last Checked: Sep 1 at 6:04PM
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 SVN Efird Commercial Real Estate
Investment Insights
Based on property information with market context.
This well-maintained strip mall investment offers a 5,857 SF building built in 1989 with five individual units. The property is currently about 80% occupied, providing immediate income potential while leaving room for future leasing momentum. Zoned COR-3, the center offers flexibility for retail operators and investors evaluating a multi-tenant platform. On-site amenities include a dedicated drainage field, and there is a billboard included with the property.
Located at 311 Atlantic Beach Cswy in Atlantic Beach, NC, the site benefits from an established presence in the local commercial market. The mix of units and the COR-3 zoning support a range of retail business concepts, and the billboard can provide additional visibility for tenant and center marketing.
From an ownership standpoint, the property’s multi-unit configuration and current occupancy make it well suited for investors seeking a retail-oriented asset with operational leverage through leasing. For tenants, the layout and retail-focused setting can be attractive for businesses looking to join a shopping center with an existing tenant base. The included tenant (Ice Machine) further reflects the property’s ability to support ongoing retail demand under the COR-3 designation.
Located at 311 Atlantic Beach Cswy in Atlantic Beach, NC, the site benefits from an established presence in the local commercial market. The mix of units and the COR-3 zoning support a range of retail business concepts, and the billboard can provide additional visibility for tenant and center marketing.
From an ownership standpoint, the property’s multi-unit configuration and current occupancy make it well suited for investors seeking a retail-oriented asset with operational leverage through leasing. For tenants, the layout and retail-focused setting can be attractive for businesses looking to join a shopping center with an existing tenant base. The included tenant (Ice Machine) further reflects the property’s ability to support ongoing retail demand under the COR-3 designation.
Key Highlights
- 5,857 SF multi‑unit strip center built in 1989 with 5 units
- Zoned COR‑3, offering flexibility for a range of retail businesses
- Currently 80% occupancy with existing tenants including an ice machine tenant
Property Analytics
Property Profile
Current Use
Lease Details
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
4,937 visits/mo
0.5 miles
Exxon
Shops & Services
3,376 visits/mo
0.1 miles
Demographics for 28512, NC
3,011
Population
8,944
Households
0.3
Avg Household Size
61
Median Age
56%
College-Educated
99%
High-School Grad
6.1 sq mi
ZIP Area
494
Density / Sq Mi
$80,375
Median Household Income
$45,075
Median Earnings
$1,008
Median Rent
$529,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Well-maintained multi-unit strip center with strong occupancy and COR-3 zoning for flexible retail leasing.
Where is this shopping center located?
The property is located at 311 Atlantic Beach Cswy Atlantic Beach, NC.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 5,857 SF multi‑unit strip center built in 1989 with 5 units; Zoned COR‑3, offering flexibility for a range of retail businesses; Currently 80% occupancy with existing tenants including an ice machine tenant
