815 College Rd Wilmington, NC 28403
This exceptional retail property, formerly a Kmart, presents a significant opportunity for lease in the thriving Wilmington, North Carolina market. Located at 815 College Road, this single-tenant building boasts a substantial 117,346 square feet of vacant space, ready for immediate occupancy. The property sits on a generous 12.75-acre lot, providing ample space for expansion, parking, or future development. Its prime location in New Hanover County offers excellent visibility and accessibility, making it ideal for a wide range of retail businesses. The building's size and layout offer considerable flexibility for customization to suit a variety of tenant needs. The property is classified as commercial retail and is available for lease. Given its size and location, this property represents a rare opportunity to secure a significant retail presence in a dynamic and growing market. The address is easily accessible and highly visible, ensuring strong potential for customer traffic. The expansive lot size provides significant potential for future development or expansion, catering to the needs of a large-scale operation. This is a truly unique opportunity to establish a substantial retail presence in a desirable location. The property is located in Wilmington, NC, zip code 28403.
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Deborah H. Littleton, RPH Pharmacy
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Kmart Discount Store
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Robert Joyce Pharmacy
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Lee Moore Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.