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    FOR LEASE
    Turn key restaurants

    4505 Market St, Wilmington, NC 28405

    3,681 SF 1.48 ac lot Built 2015
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-1116430
    Property summary
    AI-generated overview

    This exceptional 1.03-acre commercial parcel presents a rare opportunity for retail development in the thriving Wilmington, NC market. Located on Market Street, this property boasts excellent visibility and accessibility, ensuring high traffic volume and strong brand recognition. Multiple points of ingress and egress are available from Market Street, Birchwood Drive, and Kerr Avenue, providing convenient access for customers and employees. The site's strategic location places it in close proximity to established businesses, including Walgreens, Bojangles, and a convenience store, creating a synergistic retail environment. The property is suitable for a variety of retail uses, offering significant potential for growth and return on investment. This single-tenant site is available for both lease and sale, providing flexibility for prospective buyers or tenants. The expansive lot size allows for ample space for building construction and parking, accommodating a wide range of retail concepts. Given its prime location and desirable characteristics, this property represents a compelling investment opportunity in a rapidly growing market. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is zoned for commercial use. Further details regarding zoning regulations and development possibilities are available upon request.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2015
    Construction WOOD FRAME
    Total area 3,681 SF
    Lot 1.48 ac (64,599 SF)
    Zoning code RB,REGIONAL BUSINESS
    APN R04914-003-008-000
    UPID US53-1116430
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bojangles Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.41M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $9.99M
    Owner & transaction history
    4621 Market Street - 711 LLC · 1 yrs held
    4621 Market Street - 711 LLC
    since 2025
    Last sale
    $9.6M
    6 recorded transactions
    2025
    $9.6M
    2023
    2023
    $1.2M
    2011
    2009
    2005
    Zoning & alternative use
    RB,REGIONAL BUSINESS · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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