5310 Carolina Beach Rd, Wilmington, NC 28412

$1,900,000

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List Price
$1,900,000
Status
ACTIVE
MLS#
100594290
Days on Market
0
Year Built
1987
Acres
2
Neighborhood
Not In Subdivision

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.

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Listing courtesy of Coldwell Banker Sea Coast Advantage-CB.

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