Freestanding Retail
5211 Andrew Jackson Hwy NE Leland, NC 28451
For Sale
Contact for pricing
Freestanding retail building with recently renovated shell condition, 4-ton HVAC, pylon signage, and parking in front and to the right.
Property Size1,800 SF
Price / SF$250
Days on Market63
Property Features for 5211 Andrew Jackson Hwy NE
General Information
Standard status
Active
Size
1,800 SF
Property subtype
RETAIL
Listing Agency:
Osprey Commercial Real Estate
(704) 740-8184
Listed By:
James Branton
(704) 740-8184
Source:
Moodyscre
Added: May 28
Changed: Jul 27
Last Checked: Jul 28 at 4:19PM
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
Investment Insights
Based on property information with market context.
This freestanding retail property offers a turn-key exterior presence and was recently renovated, with delivery described as essentially vanilla shell condition. The space is supported by a 4-ton HVAC system in place and includes pylon signage designed to provide visibility to passing motorists, with the added ability to install storefront signage.
The property fronts Highway 74/76 and is positioned with parking in front of and to the right of the building. The site currently includes eight marked parking spaces, with room for additional delineation as needed.
Access is supported by median breaks to the east and west of the site, providing an option for entering and exiting along the roadway compared with locations without similar access. The property previously served as a Brunswick County ABC location.
The property fronts Highway 74/76 and is positioned with parking in front of and to the right of the building. The site currently includes eight marked parking spaces, with room for additional delineation as needed.
Access is supported by median breaks to the east and west of the site, providing an option for entering and exiting along the roadway compared with locations without similar access. The property previously served as a Brunswick County ABC location.
Key Highlights
- 1,800 SF freestanding retail property on highly trafficked Hwy 74/76 with visibility to passing motorists
- Former Brunswick County ABC location with recently renovated space delivered in essentially vanilla shell condition
- Includes a 4‑ton HVAC system in place
Financial Insights For Retail
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 | $28.3k | $15.72 |
| − Vacancy | −$2.9k | −$1.62 |
| EGI | $25.4k | $14.10 |
| − OpEx | −$7.6k | −$4.23 |
| NOI | $17.8k | $9.87 |
1,800 SF · lease $15.72/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$253.8K
$222.1K – $296.1K
NOI $17,767 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$22.04M
$19.28M – $25.71M
NOI $1,542,796 @ 7.0% cap · market cap 342.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building with recently renovated shell condition, 4-ton HVAC, pylon signage, and parking in front and to the right.
Where is this storefront property located?
The property is located at 5211 Andrew Jackson Hwy NE 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 property on highly trafficked Hwy 74/76 with visibility to passing motorists; Former Brunswick County ABC location with recently renovated space delivered in essentially vanilla shell condition; Includes a 4‑ton HVAC system in place
