Retail and Warehouse Flex
For Lease
Contact for pricing
48 South Kerr Avenue, Wilmington, NC 28403
High-traffic flex space combining retail presence with warehouse-style distribution along S Kerr Ave.
Space Size12,785 SF
Days on Market55
Property Features for 48 South Kerr Avenue
General Information
Standard status
Active
Size
12,785 SF
Class
B
Property subtype
Retail
Additional Details
Traffic Count
21,666 vehicles/day
Building Details
Building Size
12,785 SF
Tenancy
Single
Spaces For Lease
at 48 South Kerr Avenue Contact us- Size
- 12,785 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Noble Commercial Real Estate Group
(910) 399-4602
Listed By:
Nicholas Silivanch · License #263168
Source:
Crexi
Added: Jun 22
Changed: Aug 14
Last Checked: Aug 13 at 2:29PM
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 Noble Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This property offers a combination of retail and warehouse space designed for tenants that need both storefront exposure and distribution capability. The layout supports a functional mixed-use operation where customer-facing activity can coexist with back-of-house storage and logistics needs.
The site is located on S Kerr Ave in Wilmington, NC, positioned in a high-traffic area. Market Street is reported at 41,899 cars per day, and S Kerr Ave is reported at 21,666 cars per day, with S Kerr operating as a minor north/south traffic artery in the market.
For operators considering a presence in Wilmington, this configuration can fit businesses that require retail visibility while maintaining on-site warehouse space for distribution. The property’s traffic-driven location supports everyday customer access and helps support retail components of a distribution-oriented business model.
The site is located on S Kerr Ave in Wilmington, NC, positioned in a high-traffic area. Market Street is reported at 41,899 cars per day, and S Kerr Ave is reported at 21,666 cars per day, with S Kerr operating as a minor north/south traffic artery in the market.
For operators considering a presence in Wilmington, this configuration can fit businesses that require retail visibility while maintaining on-site warehouse space for distribution. The property’s traffic-driven location supports everyday customer access and helps support retail components of a distribution-oriented business model.
Key Highlights
- Retail and warehouse space on S Kerr Ave in Wilmington, NC.
- High traffic area with 41,899 cars per day on Market Street.
- S Kerr Ave sees 21,666 cars per day.
Property Analytics
Property Profile
Current Use
Lease Details
21,666 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28403, NC
38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value
Market
Lease Benchmarks for Wilmington, NC
$21.13 /SF/Yr
Avg Asking Price
$19.44–$23.54 /SF/Yr
Price Range
12,745 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Musser Seafood & Barbecue — 4240 Market St, Wilmington, NC 28403
- Chef Driven — Wilmington and surrounding areas, Wilmington, NC 28405
Frequently Asked Questions
What type of property is this?
Flex space - High-traffic flex space combining retail presence with warehouse-style distribution along S Kerr Ave.
Where is this flex space located?
The property is located at 48 South Kerr Avenue Wilmington, NC.
What are key features of this property?
This property features: Retail and warehouse space on S Kerr Ave in Wilmington, NC.; High traffic area with 41,899 cars per day on Market Street.; S Kerr Ave sees 21,666 cars per day.
