111 Kerr Ave Wilmington, NC 28403
- Retail properties
- 261,240 SF
- 9.29 lot acres
Current Use by Public Records
- Retail properties
Property Details for 111 Kerr Ave
- Year built
- 2019
- Lot size
- 9.29 lot acres
- Property size
- 261,240 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional Class A commercial property in Wilmington, NC, offers a unique opportunity for businesses seeking flexible and adaptable space. Located at 111 S Kerr Ave, at the corner of North Kerr and Franklin Avenues, this 261,240 square foot building boasts 5,000 square feet of immediately available space, divisible into units ranging from 1,500 to 5,000 contiguous square feet. The property features a total of 458 parking spaces, and sits on a 9.29-acre lot (APN: R04919-001-008-000) within New Hanover County, zoned O & I -1 Office & Institution. Built in 2019, this four-story building is part of a larger development, surrounded by 445 residential units, creating a built-in customer base. The high-traffic location sees over 23,000 cars daily, and serves a population of over 53,000 residents within a three-mile radius. The space is currently in shell condition, allowing for complete customization to suit tenant needs. Various sizing options are available before final wall installation. This is an ideal location for a variety of retail, office, or mixed-use businesses seeking high visibility and a strong customer base. The property includes three total suites within the building.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8891
- Latitude
- 34.239