Property profile

101 Pine St Wilson, NC 27893

OFF-MARKET
Retail properties & Spaces
75,000 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 75,000 SF

Cap rate & NOI

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

Location

101 Pine St Wilson, NC 27893
Wilson metro
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Value estimations

Realmo proprietary · 4 methods
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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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