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    101 Pine St Wilson, NC 27893

    Sponsored
    For Lease
    $25 SF/Yr

    Prime Retail in Downtown Wilson, NC

    Lot size:
    75,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 101 Pine St NE, Wilson, NC 27893, in the heart of Downtown Wilson's vibrant submarket. This new mixed-use development, completed Fall 2023, boasts over 75,000 square feet and offers multiple retail spaces ranging from 885 to 4,340 square feet. Four suites are currently available, providing flexibility for various business needs. The property features a modern design and is situated within a thriving community. Ample parking is ensured with a newly constructed parking deck offering approximately 680 spaces, supplemented by convenient street parking. The surrounding area benefits from recent improvements to the public library lawn park and extensive campus green spaces, enhancing the overall appeal and walkability. The development's strategic location also places it in close proximity to the Wilson Family YMCA and the Wilson Healthcare Foundation, attracting a high volume of foot traffic. The lease rate is $25.00 per square foot, with a $6.00 NNN charge. Suites are delivered in cold dark shell condition and share a grease trap and restrooms (included in CAM). Specific suite sizes include: Suite A (4,340 SF), Suite B (1,555 SF), Suite C (1,018 SF), and Suite E (885 SF). The property is zoned RS and is part of the Wilson County, Downtown Wilson submarket cluster. This is a unique chance to establish a presence in a rapidly growing and desirable location.

    Property Features for 101 Pine St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,000 SF
    Total Rate
    156250

    Building Details

    Stories
    5

    Unit(s) available at that property

    Space
    Suite C
    Size
    1,018 SF
    Rate per SF
    $25
    Space
    Suite A
    Size
    3,412 SF
    Rate per SF
    $25
    Space
    Suite B
    Size
    2,453 SF
    Rate per SF
    $25
    Space
    Suite E
    Size
    885 SF
    Rate per SF
    $25

    HighLights

    • Exceptional retail space in Downtown Wilson, NC's vibrant submarket.
    • New mixed‑use development (75,000+ SF) with four available suites (885‑4,340 SF).
    • Ample parking (680+ spaces in new parking deck plus street parking).
    • $25/SF lease rate, $6/SF NNN; cold dark shell delivery; shared restrooms and grease trap.
    • Suites available: A (4,340 SF), B (1,555 SF), C (1,018 SF), E (885 SF); RS zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Hotel & Motel Gym & Fitness Kitchen & Bath Food Market Grocery Store Electrical Service Barber Shop Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilson
    County
    Wilson
    State
    North Carolina
    Longitude
    -77.9119498
    Latitude
    35.7266887

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    FAQs

    What type of property is this?
    Retail property - Prime Retail in Downtown Wilson, NC
    Where is this retail property located?
    The property is located at 101 Pine St Wilson, NC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Exceptional retail space in Downtown Wilson, NC's vibrant submarket.; New mixed-use development (75,000+ SF) with four available suites (885-4,340 SF).; Ample parking (680+ spaces in new parking deck plus street parking).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Pine St Wilson, NC 27893
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