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    Freestanding Retail Property Title is generated by Realmo AI

    5211 Andrew Jackson Highway, Leland, NC 28451

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    Renovated standalone retail building with highway visibility, on-site parking, and on-premise HVAC for a straightforward tenant fit.

    Type:Retail, Office
    Property size:
    1,800 SF
    Price / SF:
    $250/SF
    Added:
    Jun 5, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 20 at 2:10 am

    Property Features for 5211 Andrew Jackson Highway

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1992

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    Listing Contact
    David Branton
    David Branton

    Listing agent David Branton License #284946

    Listing office Osprey Commercial Real Estate

    Listing date Jun 5, 2026

    Source Crexi

    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 Osprey Commercial Real Estate

    HighLights

    • 1,800 SF freestanding retail building built in 1992
    • Highly trafficked Highway 74/76 visibility with pylon signage for motorists
    • Renovated and delivered in essentially vanilla shell condition
    • On‑site parking in front and to the right; currently 8 marked spaces with room for more
    • 4‑ton HVAC in place, with space for potential storefront signage
    • Median breaks to the east and west provide access compared to other sites along the roadway

    Overview

    This freestanding retail property totals 1,800 SF and was recently renovated. It will be delivered in essentially vanilla shell condition, providing a clean interior for a new tenant buildout. The building includes a 4-ton HVAC system in place. Parking is available both in front of the property and to the right, with 8 existing market spaces and room to further delineate additional spaces. Signage options include pylon signage for motorist visibility and the ability for storefront signage.

    The site is located on the west side of Leland along highly trafficked Highway 74/76. The property benefits from median breaks to the east and west of the site, which can support easier access compared with other locations along the same roadway. The former use was a Brunswick County ABC location.

    For retailers seeking a standalone presence with direct road exposure, this property offers a practical base to tailor the interior and tenant identity. The combination of highway-fronting visibility, convenient parking layout, and HVAC already installed can help streamline onboarding for an operator looking to establish a permanent store location along Highway 74/76.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.6k $20.88
    − Vacancy −$7.1k −$3.95
    EGI $30.5k $16.93
    − OpEx −$7.6k −$4.23
    NOI $22.9k $12.70
    1,800 SF · lease $20.88/SF/yr · vacancy 18.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $326.6K
    $285.8K – $381.0K (±1% cap)
    NOI $22,860 @ 7.0% cap · market cap 5.08%
    Second Best
    Retail
    $253.8K
    $222.1K – $296.1K (±1% cap)
    NOI $17,767 @ 7.0% cap · market cap 3.95%
    Theoretical Best
    Multifamily LT 5
    $22.04M
    $19.28M – $25.71M (±1% cap)
    NOI $1,542,796 @ 7.0% cap · market cap 342.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Pharmacy Department Store Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.1956348
    Latitude
    34.3064318

    FAQs

    What type of property is this?
    Retail space - Renovated standalone retail building with highway visibility, on-site parking, and on-premise HVAC for a straightforward tenant fit.
    Where is this retail space located?
    The property is located at 5211 Andrew Jackson Highway Leland, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1,800 SF freestanding retail building built in 1992; Highly trafficked Highway 74/76 visibility with pylon signage for motorists; Renovated and delivered in essentially vanilla shell condition
    (704) 740-8184 Call to check price and availability
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