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5500 Market St
Wilmington, NC 28405

5500 Market Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
23,367 SF
Building Class
B
Year Built/Renovated
2004/2022
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.28
Lot Size
1.89 AC
Zoning
RB - Business
Parking
105 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
181 FT on Market St

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC

About 5500 Market St , Wilmington, NC 28405

Property Tours Will be offered on Thursday, October 12th by appointment only. Please contact the listing broker to schedule. Investment Highlights 22,976 SF retail building with excellent visibility and high traffic counts Situated on one of Wilmington's busiest commercial corridors, surrounded by multiple hotels, retail, and restaurants Value-add opportunity with 2,866 SF of remaining vacancy Investment OverviewThe Promenade at Market, a 22,976 SF retail building located in Wilmington, NC. With 2,886 SF of vacancy, the center offers buyers a value-add play. The Promenade at Market benefits from excellent visibility and high traffic counts due to its location directly off the intersection of NC Highway 74 (24,000 VPD) and Business Route 17 (34,000 VPD). The Market is situated on one of Wilmington's busiest commercial corridors, surrounded by multiple hotels, retail, and restaurants. This property is only 10 minutes away from Wilmington's downtown area, and is less than 2 miles from University of North Carolina at Wilmington's campus, which has approximately 14,000 undergraduate students are enrolled. Virtual Property Tour

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R05009-005-023-000
Land Assessment
$753,600
Improvements Assessment
$2,559,700
Total Assessment
$3,313,300
  • Listing ID: 9152790

  • Date on Market: 9/14/2017

  • Last Updated:

  • Address: 5500 Market St, Wilmington, NC 28405

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