Sep
28

Wilmington Retail Center Sold for $177/sf

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wilmington strip centerLocal investors recently purchased a Carolina Beach retail center for $2.25 million, brokers said this week.

BBG Real Estate of Carolina Beach bought Cross Bridge Village, a 12,700-square-foot center at 1206 N. Lake Park Blvd., on Sept. 18 from James and Lisa Wilkins.

The center is anchored by Michael’s Seafood Restaurant, and other tenants include Island Massage & Spa, Carolina Beach Jewelers, Unified Alerts, Island Beverage and Nails Image.

In a recent lease, The Southerly Biscuit & Pie is expected to open in the spot at the center that’s currently occupied by Big Apple Bakery, potentially by November. The center is currently fully leased.

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Categories : Wilmington

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