LUXURY RESIDENTIAL LOFTS COMMERCIAL CENTER

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Claire Johns
5 years ago
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NOFO Lofts is a new mixed use development in the fast growing North 4th area of downtown Wilmington. The development includes three commercial units and six residential units.

North 4th Street is currently undergoing a renaissance with new retail and residential projects underway or planned.

2 NOFO Lofts is a new mixed use development in the fast growing North 4th area of downtown Wilmington. The development includes three commercial units and six residential units. All commercial units have ground level access and extensive street frontage. The residential units are on the second level. North 4th Street is currently undergoing a renaissance with new retail and residential projects underway or planned. The development is close to PPD, the Riverwalk, the future North Riverfront Park and new marina development. This new contemporary development incorporates unique brick detailing, large areas of glazing and steel framing to harken back to Wilmington s maritime industrial past. It will anchor the northern re-development of the Brooklyn Arts District. 2n d F #3 loo 2 Story 4,344 sq.ft. r PRIVATE PARKING COMMERCIAL UNIT#1 2n Street Level 2,848 sq.ft. #2 2 Story - 2,302 sq.ft. Intracoastal Realty Cor poration d Flo or

1104 NORTH 4TH STREET COMMERCIAL UNIT #1 1-STORY, LOCATED ON N 4TH ST 2,865 SF $25 PSF (ANNUAL) Commercial Unit #1 is a 2,865 square foot ground floor unit with storefront along N 4th Street.

3 1104 NORTH 4TH STREET COMMERCIAL UNIT #1 1-STORY, LOCATED ON N 4TH ST 2,865 SF $25 PSF (ANNUAL) Commercial Unit #1 is a 2,865 square foot ground floor unit with storefront along N 4th Street. With up to 16 ceilings and 12 high glazing of store front along N 4th Street, this unit offers maximum retail exposure. Street level access is offered along N 4th Street. Base lease rate assumes a light, warm shell ready for the future tenant s customized plan. Developers are offering an allowance of $25 per SF for Tenant Improvements with a minimum 5 year lease.

1104 NORTH 4TH STREET COMMERCIAL UNIT #2 2-STORY, LOCATED ON N 4TH ST & COWAN ST 2,332 SF $25 PSF (ANNUAL) Commercial Unit # 2 is located in the unique Wedge fronting both N 4th and Cowan Streets.

4 1104 NORTH 4TH STREET COMMERCIAL UNIT #2 2-STORY, LOCATED ON N 4TH ST & COWAN ST 2,332 SF $25 PSF (ANNUAL) Commercial Unit # 2 is located in the unique Wedge fronting both N 4th and Cowan Streets. This two story unit includes a total of 2,332 square feet (1,166 square feet per floor). The 16 high ceilings on the first floor and 13 high ceilings on the second floor offer maximum flexibility for office or retail uses. As a multi-story unit, the eventual design could include an interior balcony to create a dynamic interior volume. The 12 storefront offers access on either N 4th or Cowan Streets. Base lease rate assumes a light, warm shell ready for the future tenant s customized plan. Developers are offering $25 per Square Foot for Tenant Improvements with a minimum 5 year lease.

5 1104 NORTH 4TH STREET COMMERCIAL UNIT #3 2-STORY LOCATED ON DAVID STREET 4,356 SF $25 PSF (ANNUAL) Commercial Unit #3 fronts Davis Street. This two story unit includes a total of 4,356 square feet (2,178 per floor). The Davis Street entry wall includes large storefront glazing with significant exposure along Davis and North 3rd Street. The second level offers views back to the river. The 16 high ceilings on the first floor and 13 ceilings on the second floor offer maximum flexibility for office and retail uses. As a multi-story unit, the eventual design could include an interior balcony to create a dynamic interior volume. Base lease rate assumes a light, warm shell ready for the future tenant s customized plan. Developers are offering $25 per square foot Tenant Improvements with a minimum 5 year lease.

6 1104 NORTH 4TH STREET RESIDENTIAL UNIT #1 2 BEDROOM, 2.5 BATH 2,016 SQUARE FEET Personally designed living space 20 ft. ceilings with industrial styling Urban industrial design with modern convenience Exposed brick wall & 20 ft. window wall Walkout private balconies Private enclosed parking Exclusive rooftop lounge & entertaining area: Gourmet kitchen Fire pits Outside shower/sunbathing area Garden with a green focus

7 1104 NORTH 4TH STREET RESIDENTIAL UNIT #2 2 BEDROOM, 2.5 BATH 2,016 SQUARE FEET Personally designed living space 20 ft. ceilings with industrial styling Urban industrial design with modern convenience Exposed brick wall & 20 ft. window wall Walkout private balconies Private enclosed parking Exclusive rooftop lounge & entertaining area: Gourmet kitchen Fire pits Outside shower/sunbathing area Garden with a green focus

8 1104 NORTH 4TH STREET RESIDENTIAL UNIT #3 2 BEDROOM, 2.5 BATH 2,016 SQUARE FEET Personally designed living space 20 ft. ceilings with industrial styling Urban industrial design with modern convenience Exposed brick wall & 20 ft. window wall Walkout private balconies Private enclosed parking Exclusive rooftop lounge & entertaining area: Gourmet kitchen Fire pits Outside shower/sunbathing area Garden with a green focus

9 1104 NORTH 4TH STREET RESIDENTIAL UNIT #4 2 BEDROOM, 2.5 BATH 2,016 SQUARE FEET Personally designed living space 20 ft. ceilings with industrial styling Urban industrial design with modern convenience Exposed brick wall & 20 ft. window wall Walkout private balconies Private enclosed parking Exclusive rooftop lounge & entertaining area: Gourmet kitchen Fire pits Outside shower/sunbathing area Garden with a green focus

10 1104 NORTH 4TH STREET RESIDENTIAL UNIT #5 1 BEDROOM, 1.5 BATH 1,440 SQUARE FEET Personally designed living space 20 ft. ceilings with industrial styling Urban industrial design with modern convenience Exposed brick wall & 20 ft. window wall Walkout private balconies Private enclosed parking Exclusive rooftop lounge & entertaining area: Gourmet kitchen Fire pits Outside shower/sunbathing area Garden with a green focus

11 1104 NORTH 4TH STREET RESIDENTIAL UNIT #6 3 BEDROOM, 2.5 BATH 2,462 SQUARE FEET Personally designed living space 20 ft. ceilings with industrial styling Urban industrial design with modern convenience Exposed brick wall & 20 ft. window wall Walkout private balconies Private enclosed parking Exclusive rooftop lounge & entertaining area: Gourmet kitchen Fire pits Outside shower/sunbathing area Garden with a green focus

REVITALIZATION COMMITMENT Riverwalk Extension and $20 Million 6.

Community College Students Easy access to 18,000 UNCW Students New Hotels: Courtyard by Marriot, Hampton Inn and Suites, Embassy Suites, A lot Hotel, Hotel

community Cultural Centers: Wilson Center ~ 1,500 seats, Thalian Hall ~ 800 seats, Wilmington Convention Center ~ 107,000 SF Downtown Population increased by

12 REVITALIZATION COMMITMENT Riverwalk Extension and $20 Million 6.6 acre Riverfront Park Development Bond Port City Marina and Amphitheater Over 4,000 apartment units under construction in the area Over 28,000 Cape Fear Community College Students Easy access to 18,000 UNCW Students New Hotels: Courtyard by Marriot, Hampton Inn and Suites, Embassy Suites, A lot Hotel, Hotel Indigo, 500 more rooms in develop review phase Over 10,000 full time jobs are anchored in the Downtown Wilmington Area 880 Businesses located in the downtown community Cultural Centers: Wilson Center ~ 1,500 seats, Thalian Hall ~ 800 seats, Wilmington Convention Center ~ 107,000 SF Downtown Population increased by 22% in 2016 with 25,000 new residents annually By 2026 the downtown population of Wilmington will increase by 105% 9,000 employed residents commute to downtown daily Downtown Commercial lease rates reaching $28/SF $600 Million plus in tourist dollars spent annually

13 New City Proposed Development Brooklyn Arts Center Since 2014 there has been over $385,000,000 invested in new development in Downtown Wilmington. New hotels, restaurants, retail businesses, residences and transit stations are under construction, equipping Downtown with the means to handle more visitors and more businesses, all happening within a 1 mile radius of NOFO Lofts.

D O W N T O W N WI L M I N G T O N

D O W N T O W N WI L M I N G T O N NORTH CAROLI NA 32,000 RETAIL SF Presented by Cape Fear Commercial MILESTONE DEVELOPMENT River Place is a 12-story mixed-use development featuring 32,000 SF Retail Space,