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2018 S 16th St
Wilmington, NC 28401
Starbucks · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,510 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.74 AC
Zoning
O&I
Parking
49 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
About 2018 S 16TH ST , WILMINGTON, NC 28401
A brand new 2,510 sf build-to-suit Starbucks is under construction in Wilmington, NC. It is located across the street from the 745 bed New Hanover Regional Medical Center. The average daily traffic count in front of the site is 37,000 . It is located at the signalized corner of 16th Street and Hospital Plaza Dr with easy ingress and egress. Across the street from the site on Hospital Plaza Drive construction will begin soon on a new employee parking garage. The corporate Starbucks will have a drive-thru along with 26 parking spaces. The NN leased Starbucks has a 10 year initial term with no early termination clause. The lease has a 10% rental increase in year 6.
Property Taxes
| Parcel Number | R06007-002-010-003 | Improvements Assessment | $492,800 |
| Land Assessment | $664,200 | Total Assessment | $1,157,000 |
Property Taxes
Parcel Number
R06007-002-010-003
Land Assessment
$664,200
Improvements Assessment
$492,800
Total Assessment
$1,157,000
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