Print
Real Estate - Commercial

For Nearly $4M, Three Convenience Stores Sell In Brunswick County

By Cece Nunn, posted Sep 26, 2019
The convenience store at 5303 E. Oak Island Drive in Brunswick County was one of three sold recently in a nearly $4 million transaction. (Photo courtesy of Caldwell Banker Commercial Sun Coast Partners)

Three convenience store businesses and properties sold recently for nearly $4 million in Brunswick County, according to an announcement Thursday.

Anne Adams of Coldwell Banker Commercial Sun Coast Partners was a dual agent in the $3.95 million transaction, which involved 1450 Fifty Lakes Drive in Boiling Springs Lake; and 5303 E. Oak Island Drive and 5501 E. Oak Island Drive in Oak Island, the news release stated.

The buyer was Steve Carroll, and the seller was Andre Huynh. 

"Carroll plans to introduce food service with dishes from his former home states, Texas and Louisiana, bringing some of his background to his recently acquired locations in Brunswick County," the release stated.

Some items, including certain foods and drinks, might have been rare or absent from the shelves at gas stations and convenience stores in years past, but they have been becoming the norm in the industry, according to a previous Greater Wilmington Business Journal story.

One of the stores, according to the release, is located just in front of a development that could eventually hold 600 homes.

The other two stores are on Oak Island and "supplement each other well in order to better service the community," the release said.

Of the seller, officials said, "Hunyh was particularly happy with Adams’ ability to keep the sale listing confidential and bring the perfect buyer to the transaction," the release stated.

 

Ico insights

INSIGHTS

SPONSORS' CONTENT
Mikeharrington carolinaretreats 2

Vacation Rental Maintenance: What To Expect

Mike Harrington - Carolina Retreats
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

SaaS 2021 – Space As A Service

Diane Durance - UNCW Center for Innovation and Entrepreneurship
Alycephillipsnew2

IRA Ins And Outs: Managing Your Individual Retirement Account

Alyce Phillips - Old North State Trust LLC

Trending News

Wilmington Downtown Inc. Announces New CEO

Cece Nunn - Dec 3, 2020

In Downtown Wilmington, New Office Space Emerges Inside Historical Building

Cece Nunn - Dec 2, 2020

Tama Cafe Closing On Military Cutoff Road In Wilmington

Jessica Maurer - Dec 2, 2020

County Tier Downgrade Could Help More Money Flow Into The Region

Christina Haley O'Neal - Dec 1, 2020

Commercial Space Changing To Residential In Leland Mixed-use Project

Cece Nunn - Dec 3, 2020

In The Current Issue

Area So Far Immune To Worker Shortage

Wilmington-area hospitals have not had any major worker shortages during the pandemic, officials said, unlike other parts of the country....


Novant Health Raises Minimum Wage To $15

More than 2,000 Novant Health employees will get a pay raise in January when the Winston-Salem-based health care system raises its minimum w...


COVID Highlights Cold Chain Needs

Pharmaceuticals and agriculture are heavy players in driving some of the state’s cold chain business, and more opportunities may come with t...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`