The featured listing for this month is 5,496 square feet of retail space for lease in The Promenade At Market shopping center. This property is located in Wilmington, NC at the intersection of Market Street and Old Eastwood Road. This retail space is neighbors to various other businesses in the Promenade At Market shopping center including Carter Kayte Beauty Atelier, The Seasoned Gourmet and Johnny Lukes KitchenBar. This is a great retail opportunity for a business looking to get plenty of exposure!
Suite 100 is on the ground floor facing market street. It has 5,496 square feet of usable space, but can be subdivided if the tenant needs less space. This property is operating on a modified gross lease and a lease rate of $18.75 per square feet. It is zoned RB for regional business, and was renovated in 2021 with a good property condition. It’s exterior is made of glass, steel and block and paved parking on 3 sides of the building.
About the Area
This property has EXCELLENT visibility and access as it is at the intersection of Market Street and Old Eastwood Road and is also next to College Road and MLK Parkway. It is just about right in the middle of Downtown Wilmington and Wrightsville Beach, nearly 15 minutes away from each. The retail clientele includes general, family, business, traveler and tourist. This area received a great deal of vehicles passing by daily with a traffic count of over 43,000 cars daily.
This retail space is in an ideal midtown location with great visibility and excellent tenant neighbors. This would be a great opportunity for a small business to set up shop and gain traction in the community. If you think your business would do good here and are interested in learning more about the property, you can check out the MLS listing or give us a call!