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    OFF-MARKET Estimated value $1,525,000
    Strip malls

    5905 Carolina Bch Rd, Wilmington, NC 28412-2792

    10,800 SF 1.6 ac lot Built 2000
    Entity Owned Free & Clear
    Property ID
    US53-0250284
    Property summary
    AI-generated overview

    Prime opportunity to acquire Jeanne's Jewels Fashions and Gifts, a well-established retail boutique located at 5905 Carolina Beach Rd, Wilmington, NC 28412. This 1,600 square foot business is offered at an asking price of $48,000 and includes all furniture, fixtures, displays, hangers, counters, point-of-sale system, and décor. The current lease, situated in New Hanover County, expires October 30, 2025, with a 5-10 year renewal option available. The business boasts a loyal local following, cultivated over two decades, and benefits from established social media presence and website, both included in the sale. The current owner is offering up to 30 days of on-site transition support and will remain available for post-sale consultation. This turnkey operation presents a unique opportunity for an individual passionate about retail, jewelry, and gifts. The buyer will need to separately fund the purchase of inventory, as negotiated in the offer. Interested parties should be prepared to provide proof of funding and demonstrate good credit to fulfill lease obligations. This is a rare chance to own a thriving, community-loved business with a strong foundation for continued success. The business has a history of success, having relocated from Raleigh, NC to its current location outside Carolina Beach. The owner's established buying relationships will ensure a smooth transition for the new owner.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2000
    Construction CONCRETE
    Total area 10,800 SF
    Lot 1.6 ac (69,696 SF)
    Zoning code B-2,BUSINESS DISTRICT
    APN R07600-004-057-000
    UPID US53-0250284
    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
    • Backtobasics Fitness And Personal Training Gym & Fitness Center
    • Lulu's Lashes and Skin Studio Hair Salon Nail Salon
    • Beach PC Computer & Electronic Repair
    • Pelican Family Medicine Medical Clinic
    • Black Magnolia Esthetics Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.76M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.53M
    Owner & transaction history
    S & P COMMERCIAL PROP LLC
    S & P COMMERCIAL PROP LLC
    Zoning & alternative use
    B-2,BUSINESS DISTRICT · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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