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1020 Princess St 11 820 pi² 100% Loué Commerce de détail Immeuble Wilmington, NC 28401 5 018 486 $ CAD (424,58 $ CAD/pi²) 7% Taux de capitalisation

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FAITS SAILLANTS DE L'INVESTISSEMENT

All new major systems
Area of High Growth

Long term established tenants

RÉSUMÉ DE L'ANNONCE

100% occupied adaptive reuse in the heart of Wilmington's Soda Pop District. This is the building that kickstarted a 3.4 city block master planned redevelopment. Strong long term tenants, Hi Wire Brewing and Cugino Forno Pizzeria, both with multiple other locations. Asking price for rents in place, 6.9% cap, with revenue increase growing to 7.1% cap in June of 2026. Building was originally a car dealership, reimagined as an adaptive retail project. All systems (electrical, plumbing, hvac, roofs) replaced between 2020-2022. Great location with surrounding restaurants, businesses, and residential. 90 unit apartment building slated for development across the street. Leases are MG with landlord responsible for property management, landscaping, pest control, and base year taxes and insurance.

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement

Type de propriété

Commerce de détail

Sous-type de propriété

Restaurant

Taille du bâtiment

11 820 pi²

Classe d’immeuble

Année de construction/rénovation

1946/2020

Prix

5 018 486 $ CAD

Prix par pi²

424,58 $ CAD

Taux de capitalisation

Revenu net d’exploitation

351 052 $ CAD

Pourcentage loué

100%

Location

Multiples

Hauteur du bâtiment

1 étage

Quais de chargement

1 Extérieur

Coefficient d’occupation des sols de l’immeuble

0,42

Taille du lot

0,64 AC

Zonage

UMX - Utilisation du mélange urbain - Voir les lignes directrices de zonage

Stationnement

9 places (0,76 places par 1 000 pi² loué)

Façade

132’ sur Princess St

Lot de coin

Restaurant

Accessible aux fauteuils roulants

Climatisation

Cugino Forno
Hébergement et services alimentaires
-
$9.99
Jan 0000

Fabrication
-
-
Jan 0000

Hi-Wire Brewing produces approachable and balanced beers in the heart of Asheville NC, the little circus town they call home. Find their lagers and ales in grocery stores, restaurants, and bottle shops across NC, SC, TN, OH, KY, GA, AL, IN, & VA. Visit their seven locations: the 27,000 square foot Production Facility & Taproom located half a mile from the Biltmore Estate, the South Slope Specialty Brewery & Taproom located in the South Slope region of downtown specializing in sour and wild ales, the RAD Beer Garden with 9 open-aired shipping containers in Asheville’s River Arts District, their Golden Belt Taproom in Durham, NC, their Taproom in South Knoxville, their spot in Wilmington, NC, or their newest taproom in Louisville, KY.