5225 Sigmon Rd
Wilmington, NC 28403
Sigmon Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Outparcel location to a top-performing Walmart, which was ranked the #1 most visited Walmart in North Carolina according to data from Placer.ai.
- GameStop and Dental One have been at this location for 15 and 13 years, respectively, showing long-term commitment to the center.
- Tremendous value-add opportunity to increase yield significantly by leasing the vacant space in the center.
- Excellent proximity to UNC-Wilmington, only one mile away, a Top 100 public university with over 17,500 students.
- Located in an established trade area home to national brands like Target, Lowe's, Kohl's, Home Depot, Ross, TJ Maxx, PetSmart, and many more.
- Surrounded by a fast-growing population of over 147,000 residents expected to grow by more than 6% in the next five years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,622 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.05 AC
Zoning
RB
Parking
49 Spaces (4.61 Spaces per 1,000 SF Leased)
Frontage
67’ on Sigmon Rd
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
PROPERTY TAXES
| Parcel Number | R04916-001-041-000 | Improvements Assessment | $1,284,200 |
| Land Assessment | $364,000 | Total Assessment | $1,648,200 |
