For Lease
$23/SF/YR

5214 Market StWilmington, NC 28405

Wilmington, NC Strip Mall - Space Available

Overview

Added:
Dec 11, 2024
Days on market:
115
This prime 15,400 square foot retail strip center, built in 2003, is located at 5214 Market Street, Wilmington, NC 28405. The property boasts a highly visible location at the corner of Walton Drive and Market Street/US Highway 17, experiencing significant daily traffic (56,352 cars). Its strategic placement offers excellent signage opportunities and immediate proximity to major retailers including Costco, Target, Academy Sports, and a Walmart Supercenter. The single-story Class B building is zoned RB-Regional Business (APN: R04916-001-001-000) and currently features multiple tenants. A total of 2,286 square feet of retail space is currently vacant, presenting a unique opportunity for expansion or new business ventures. The property's convenient location just southwest of the College Road on/off ramp ensures easy access and high visibility for potential tenants. Cross streets include Market Street, Walton Road, and Sigmon Road. This well-established center offers a strong foundation for success in a thriving Wilmington market. The property's single building structure simplifies management and maintenance. Interested parties should review the available space and its potential to contribute to their business growth.

Highlights

  • Immediately available, 1,429 SF unit.
  • High-visibility Market Street frontage.
  • 56,352 cars per day (CPD) traffic count.
  • Convenient location near Downtown Wilmington, beaches, and historic sites.
  • Strong retail, hospitality, and residential demographics.
  • $23/SF base rent + $2.11/SF TICAMs.

Property Details for 5214 Market St

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
15,400 SF
Class
B
Year Built
2003
Buildings
1
Stories
1

Unit(s) available at that property

Space
Unit 107
Size
1 SF
Rate per SF
$23

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.244629312868
Longitude
-77.876196757667
5214 Market St, Wilmington, North Carolina

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5214 Market St
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