• Year Built: 1990
348 S College Rd is aretail property for lease in Wilmington, NC.
This opportunity is in a prime Position on South College Road for stability in its Tenancy. This property has Two National Tenants with Term and Options at above Wilmington Market Average rents. For their submarket they are slightly below market rentals, which have increased over the last several years. The property is prominently featured at the Main Entrance to a Regional Power Center. (Please see the site map exhibit for location). Located across the street from another shopping center at the HUB for midtown Retail/Commercial this property is both a income investment and long term real estate holding. Property located like this is hard to come by.
Less than one mile to the main entrance to UNCW (University North Carolina Wilmington) with 16,000 students + Graduate Level students, in addition to the local population, this property is a solid investment option.
Please call for details, tenants not to be disturbed. NDA must be signed for financials and other details with verified buyer.