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ECCRE News

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7125 Market Street – New Development to continue in Ogden Submarket of Wilmington

Category : Property Closing

1.3 Million Dollar Closing by ECCRE

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4.8 Acres on Market Street

4.8 Acres on Market Street

 

Eastern Carolinas Commercial Real Estate is excited to announce the sale of 7125 Market Street to a Mini Storage Developer. This 4.86 acre tract of B-2 Land located behind Bojangles and Advance Auto Parts off the future Lendire Road connection, will provide a excellent opportunity to those in the immediate area by providing options when it comes to short term storage.

ECCRE predicts a growing movement in Mini Storage as the baby boomers retire, downsize and move south. This sector of commercial real estate on both the development and investment side is set to see continued growth and productivity over the next several years.

Growth in the Ogden submarket of Wilmington has been strong over the last 12-24 months and continued growth and development is expected.