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Marketplace At Southern Shores 5531-5597 N Croatan Hwy 1,075 - 6,175 SF of Retail Space Available in Southern Shores, NC 27949
HIGHLIGHTS
- Premier position at the primary entry corridor into the Outer Banks
- Strong consumer draw supported by seasonal population surges throughout summer months
- Excellent visibility along a heavily trafficked coastal highway
- Established co-tenancy with nationally recognized anchors and daily needs retailers
- High-income trade area serving permanent residents and long-stay travelers
- Limited competing retail to the north reinforces strong customer capture
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4 | 5,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5 | 1,075 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 4
Positioned at the gateway to the Outer Banks, the Marketplace at Southern Shores stands as one of the region’s most influential and consistently traveled retail destinations. Located just over a mile from the Wright Memorial Bridge, this center captures nearly every visitor entering from Virginia, making it one of the highest-exposure retail environments in the coastal Carolinas. The center benefits from a rare combination of high traffic counts along N Croatan Highway, significant seasonal population surges surpassing 225,000 visitors during peak months, and exceptional co-tenancy that reinforces repeat visitation and year-round demand.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1st Floor, Ste 5
Positioned at the gateway to the Outer Banks, the Marketplace at Southern Shores stands as one of the region’s most influential and consistently traveled retail destinations. Located just over a mile from the Wright Memorial Bridge, this center captures nearly every visitor entering from Virginia, making it one of the highest-exposure retail environments in the coastal Carolinas. The center benefits from a rare combination of high traffic counts along N Croatan Highway, significant seasonal population surges surpassing 225,000 visitors during peak months, and exceptional co-tenancy that reinforces repeat visitation and year-round demand.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT MARKETPLACE AT SOUTHERN SHORES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CVS Pharmacy
- Drug Store
- 9,804
- National
- Five Below
- Dollar/Variety/Thrift
- 2,387
- National
- Food Lion
- Supermarket
- 1,285
- National
- Keller Williams
- Real Estate
- 991
- International
- Marshalls
- Dept Store
- 1,433
- International
- Rack Room Shoes
- Shoes
- 649
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CVS Pharmacy | Drug Store | 9,804 | National |
| Five Below | Dollar/Variety/Thrift | 2,387 | National |
| Food Lion | Supermarket | 1,285 | National |
| Keller Williams | Real Estate | 991 | International |
| Marshalls | Dept Store | 1,433 | International |
| Rack Room Shoes | Shoes | 649 | National |
PROPERTY FACTS
| Total Space Available | 6,175 SF | Total Land Area | 18.12 AC |
| Property Type | Retail | Year Built/Renovated | 1986/2003 |
| Property Subtype | Storefront | Parking Ratio | 4.36/1,000 SF |
| Gross Leasable Area | 138,307 SF | Cross Streets | Bypass Rte. 158 & Juniper Tr. |
| Total Space Available | 6,175 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 138,307 SF |
| Total Land Area | 18.12 AC |
| Year Built/Renovated | 1986/2003 |
| Parking Ratio | 4.36/1,000 SF |
| Cross Streets | Bypass Rte. 158 & Juniper Tr. |
ABOUT THE PROPERTY
Anchored by Food Lion, Marshalls, CVS Pharmacy, Five Below, and a collection of service, dining, medical, and specialty retailers, the Marketplace functions as a deeply established commercial hub in a remarkably high-barrier-to-entry market. With the nearest competing northern grocer located more than sixteen miles away, tenants benefit from commanding consumer capture and strong brand visibility. The center’s position within one of the most economically resilient and vacation-driven communities in the Southeast further elevates its value, supported by household incomes exceeding $150,000 within a three-mile radius. Retailers at this center enjoy consistent exposure to both local residents and a substantial influx of seasonal travelers, making it an ideal environment for operators seeking dependable traffic and a compelling coastal trade area. Immediate access, strong signage opportunities, and proximity to the area’s primary entry corridor create a uniquely strategic location that is difficult to replicate anywhere else on the Outer Banks. This availability within the Marketplace at Southern Shores offers the rare chance to locate within an established, high-performing regional shopping node that continues to serve as the center of retail gravity for the northern Outer Banks.
- Courtyard
- Pylon Sign
- Restaurant
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Marketplace At Southern Shores | 5531-5597 N Croatan Hwy
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