Property profile

0 River Rd Wilmington, NC 28412

OFF-MARKET
Land
0.92 ac lot
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Property summary

AI-generated overview

This exceptional Class A office space, part of a redeveloped shopping center, offers two available suites totaling 3,472 square feet. Located in the heart of downtown Lake Oswego, this highly visible property boasts a prime location across from Lake View Village, a thriving specialty retail center anchored by high-profile tenants such as Chico's, Grapevine, and Kassab Jewelers. The building's strategic placement is adjacent to Millennium Plaza Park, home to the popular Lake Oswego Farmers' Market, ensuring high foot traffic and visibility. The space is ideal for executive offices or commercial professional services, with suites ranging from a minimum of 1,148 square feet to a maximum contiguous space of 2,324 square feet. The redevelopment includes upscale retail and restaurant spaces, luxury apartments, and convenient underground parking for residents, retail tenants, and commercial occupants. This vibrant location is surrounded by a thriving community of businesses, including Salt & Straw Ice Cream, Bamboo Sushi, and many other popular establishments. The property offers a unique opportunity to establish a presence in a highly desirable and accessible area of Lake Oswego. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two tenants to occupy separate suites.

Property profile

Verified
Property type Land
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

River Rd Wilmington, NC 28412
Wilmington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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