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5310 Carolina Beach RD Wilmington, NC 28412
7,807 SqFt
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Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 7,807 sqft
Price per Sqft $243
Subdivision Not In Subdivision
MLS Listing ID 100594290
Year Built 1987
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions IR
Property Sub-Type Improved
Source Hive MLS
Property Description
Prime Retail Strip Center Investment Opportunity - Monkey Junction, Wilmington, NC
Don't miss this exceptional opportunity to acquire a retail strip center in the heart of the highly desirable South Monkey Junction area of Wilmington. This income-producing property offers approximately 8,000 square feet of rentable space situated on 2 acres, providing significant upside through both existing cash flow and future development potential.
The property presents a compelling value-add investment, with established tenants already generating income and additional upside through leasing the current vacant spaces. The expansive lot also offers flexibility for potential future expansion, redevelopment, or use as a laydown yard for equipment, fleet vehicles, or contractor storage.
Strategically positioned along Carolina Beach Road, the property benefits from excellent visibility, strong traffic counts, and convenient access. Within a one-mile radius are numerous national retailers, including Walmart Supercenter, Lowe's, Home Depot, Target, and other major shopping destinations, driving consistent consumer activity to the area. Carolina Beach is few miles away.
Property Highlights:
Approximately 8,000 SF of rentable retail space
2-acre site with additional development potential
Existing rental income with value-add leasing opportunities
Potential laydown yard or equipment/vehicle storage
Billboard Sign on Property Generates Income
High-visibility location on Carolina Beach Road
Surrounded by major national retailers and dense commercial activity
Excellent investment opportunity in one of Wilmington's fastest-growing retail corridors
Contact the listing agent for detailed financial information, current rental income, rent roll, and additional property details.
Don't miss this exceptional opportunity to acquire a retail strip center in the heart of the highly desirable South Monkey Junction area of Wilmington. This income-producing property offers approximately 8,000 square feet of rentable space situated on 2 acres, providing significant upside through both existing cash flow and future development potential.
The property presents a compelling value-add investment, with established tenants already generating income and additional upside through leasing the current vacant spaces. The expansive lot also offers flexibility for potential future expansion, redevelopment, or use as a laydown yard for equipment, fleet vehicles, or contractor storage.
Strategically positioned along Carolina Beach Road, the property benefits from excellent visibility, strong traffic counts, and convenient access. Within a one-mile radius are numerous national retailers, including Walmart Supercenter, Lowe's, Home Depot, Target, and other major shopping destinations, driving consistent consumer activity to the area. Carolina Beach is few miles away.
Property Highlights:
Approximately 8,000 SF of rentable retail space
2-acre site with additional development potential
Existing rental income with value-add leasing opportunities
Potential laydown yard or equipment/vehicle storage
Billboard Sign on Property Generates Income
High-visibility location on Carolina Beach Road
Surrounded by major national retailers and dense commercial activity
Excellent investment opportunity in one of Wilmington's fastest-growing retail corridors
Contact the listing agent for detailed financial information, current rental income, rent roll, and additional property details.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning B-2
Direction SOUTH MONKEY JUNCTION NEXT TO CAR WASH ON RIGHT HAND SIDE
Location Details Mainland
Exterior
Garage No
Building
New Construction No
Others
Tax ID R07600-006-043-000
Special Listing Condition Standard
Listed by Coldwell Banker Sea Coast Advantage-CB
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