The subject property is prominently situated with excellent access and visibility within a dense retail hub. It sits adjacent to the intersection where I-40 becomes North College Road/US-117 (40,935 AADT), the gateway to Wilmington from the north, and Highway 17 becomes Market Street (63,885 AADT), both primary arterials within the state and city, respectively. The site benefits from robust demographics with a total daytime population of 175,478, average household income of $76,556, and annual growth rate of 1.42% within a five mile radius. Educational attainment in the area is strong, with nearly 41% of the population holding a bachelor’s degree or higher. The site is ideally situated with excellent co-tenancy in a Costco-anchored shopping center neighboring numerous major shopping centers, retail tenants, schools, and employers. Major shopping centers in the surrounding area include New Centre Market, anchored by Target; University Centre, featuring Sam’s Club, Lowe’s, & Ross; University Commons, with tenants including HomeGoods, TJ Maxx, Best Buy, and Dollar Tree; Smith Creek Station, anchored by Home Depot & Kohl’s; Mayfaire Town Center, with tenants including The Fresh Market, Pottery Barn, and Cost Plus World Market; and Hanover Center, anchored by Harris Teeter, Hobby Lobby, & Stein Mart. Other major retail tenants in the surrounding area include Walmart Supercenter, Food Lion, Trader Joe’s, Walgreens, CVS, and more. In addition, the property is located just two miles from the University of North Carolina – Wilmington, the city’s third-largest employer with a staff of approximately 2,154 and 17,500 students enrolled. It is the fastest-growing university in the UNC school system with over $400 million currently under construction to accommodate for growth in student enrollment as well as being elevated to a Doctoral Institution in 2019. The property is also approximately four miles from Cape Fear Community College, North Carolina’s 6th-largest community college with more than 23,000 students and a staff of 1,328. The site is also located in close proximity to College Park Elementary School and Wilmington Preparatory Academy, drawing additional traffic from students, parents, and teachers to the site. This property is listed in conjunction with North Carolina-licensed real estate broker David Edmonds.