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Grocery-Anchored Retail | Blake Farms 0 Scotts Hill Loop Rd 2,000 - 9,800 SF of Retail Space Available in Wilmington, NC 28411
HIGHLIGHTS
- Coming to market in mid-2027, this grocery-anchored center will offer retail goods and services to 46,000 VPD
- This site is one of the last signalized intersections for traffic heading to the I-140 Bypass to Wilmington
- This immediate trade area is experiencing rapid growth and development, creating a need for the residents relocating to the Hampstead-Wilmington area
- OP#1 contains 1.51 acres (may be divided into two .75 pads) and OP#2 contains 0.75 acres. Stormwater is competed for these parcels.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-9,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Coming to market in mid-2027, this grocery-anchored center will offer retail goods and services to 46,000 VPD passing along Hwy-17 at a signalized intersection across from Blake Farms, home to 3,000+ new home sites and residential units (see attached housing reports). This immediate trade area is experiencing rapid growth and development, creating a need for the residents relocating to the Hampstead-Wilmington corridor. This site is one of the last signalized intersections for traffic heading to the I-140 Bypass to Wilmington, making this an ideal location for both AM & PM travelers to Wilmington. This center will have 9,800SF of detached shops space available and two outparcels for lease. OP#1 contains 1.51 acres (may be divided into two .75 pads) and OP#2 contains 0.75 acres - stormwater is competed for these parcels.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Min Sub-divisibility 2000 SF
- Grocery Anchored
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,800 SF | Gross Leasable Area | 9,800 SF |
| Min. Divisible | 2,000 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 9,800 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,800 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Coming in 2027, this new grocery-anchored retail center is strategically located near rapidly growing residential development and expanding commercial activity, the site is zoned General Business (GB), allowing for a variety of uses including QSR, retail, and service-based businesses. It offers excellent visibility, direct access of Hwy-17 & Scotts Hill Loop Rd. Utilities will be brought to site, and shared stormwater infrastructure completed, with the option to deliver graded or as-is. Surrounded by major developments including Amazon’s new fulfillment center and several large-scale residential and healthcare projects. This property is a strong opportunity for operators or tenants seeking long-term growth in a rapidly expanding southeastern market. *Contact broker for user restrictions.
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Grocery-Anchored Retail | Blake Farms | 0 Scotts Hill Loop Rd
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