6800 Carolina Beach Rd, Wilmington, NC 28412
This exceptional retail opportunity is located at 6800 Carolina Beach Road in Wilmington, North Carolina, zip code 28412. The property consists of approximately 2.5 acres of land situated at the signalized intersection of Carolina Beach Road and Myrtle Grove Road, within the Wilmington MSA. Three retail spaces are currently available for lease. This prime location offers excellent visibility and frontage along Carolina Beach Road, ensuring high traffic exposure for your business. The site is ready for development, with access points already established. Future tenants will benefit from upgraded pads with utilities stubbed to the site, and offsite stormwater management is in place. This development is strategically positioned near a new Wawa currently under construction, further enhancing its appeal and attracting significant foot traffic. The property's convenient location and comprehensive infrastructure make it an ideal choice for businesses seeking a thriving retail environment in a high-growth area. This is a rare opportunity to establish a presence in a highly visible and accessible location within a dynamic commercial corridor. Contact us today to learn more about leasing opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.