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    Investment Sale – Regional Power Center Outparcel – Two Tenants

    348 South College Road, Wilmington, NC, USA

    Property Type: Investment

    Property Size: Building/Unit

    Property Description

    Located on S College Road, at the traffic controlled entry to University Centre, This outparcel is up for sale!. A once in a lifetime chance to purchase premier Wilmington Property. There is no more highly trafficked corridor then S College Road in South Eastern North Carolina with north of 75,000 cars per day, this center is highly recognizable and accessible.

    Two Tenants with Great Clips on their final Lease extension. The New Tenant, American Family Care has just leased the adjacent unit with expansion rights once great clips is gone. Minimum of five years before first opportunity for vacancy exists, unless the other tenant expands.

    This is a great entry level investment or one for the savvy investor.

    Two great “service” tenants who will be solid for the long term, with or without covid. You can’t unmask a great opportunity like this all the time. CAP RATE has been blended between the Medical operator and the hair cutter.

    Click HERE for more information!

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    348 South College Road, Wilmington, NC, USA