7029 Wrightsville Ave - Freestanding FOR SALE


Wilmington, NC 28403
$2,380,000 USD
704-714-2363
7029 Wrightsville Ave, Wilmington, NC for Sale
$2,380,000 USD
Freestanding - FOR SALE
1/8
null | 5.25% Cap Rate

7029 Wrightsville Ave
Wilmington, NC 28403


HIGHLIGHTS

  • 2024 construction | Desirable lease term | 18.5+ years remaining
  • Absolute Net Ground Lease | No landlord responsibilities
  • Corporate lease | Harris Teeter, LLC | 274+ store locations and 70+ fuel locations across 8 states
  • Outparcel to very successful Harris Teeter and Luma Commons shopping center | Harris Teeter is the closest grocery store to Wrightsville Beach Bridge
  • Located inside of dense retail corridor | 2.5M SF within a 2-mile radius
  • Attractive population density within a 5-mile radius | 104,908 residents

OVERVIEW

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Harris Teeter Fuel Ground Lease in Wilmington, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$2,380,000 USD

PRICE/SF

$802 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harris Teeter Fuel Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

RB

APN/PARCEL ID

R05713-003-004-000

ASK ABOUT THIS PROPERTY

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.