Real Estate - Commercial

New Owner, Tenants For Carolina Beach Road Retail Center

By Cece Nunn, posted Oct 15, 2021
A small retail center on Carolina Beach Road has a new owner. (Photo from the N.C. Commercial MLS)
The 3,800-square-foot retail strip center at 1930 Carolina Beach Road has a new owner.

Summer Hill Square was purchased for $485,000 on Sept. 24 from Natson Enterprises by SEEK Land Holdings, according to property tax records and an announcement from Eastern Carolinas Commercial Real Estate.

Wilmington-based ECCRE represented the seller while Carolina Commercial Investment Properties, another Wilmington firm, represented the buyer.

"This area of Wilmington has seen significant redevelopment, adaptive reuse and growth over the last several years and will continue to see growth and expansion in the future," the ECCRE news release stated.

The center, at the corner of Tennessee Avenue and Carolina Beach Road, got two new tenants before the sale – 3rd Street Brazilian Jiu Jitsu and Fitness, owned by Tom Watkins, and Dog Face Brands, owned by Jermaine Morris. 

Morris, who sells customized and embroidered T-shirts and hats, as well as jewelry, leased 1,000 square feet for his store. 

"It's a nice little area that seemed to be growing," he said, adding that he also hopes to grow his own business in his new storefront.

Customized clothing and accessories are in high demand, Morris said.

"For one, everybody’s wearing the same thing. It gives you that flexibility to stand out, do something different," Morris said. "Or maybe someone has their own logo and wants to promote it."
Ico insights


Untitleddesign2 9202334730

Investing in the Health of Our Communities, for Today and the Future

Novant Health - New Hanover Regional Medical Center Novant Health
Gretchen roberts 2021

Buying a Business? 6 Critical Finance and Tax Questions Before the Purchase

Gretchen Roberts - Red Bike Advisors
Jessiepowellheadshot webversion

5 Reasons to Build Custom Franchise Software

Jessie Powell - Wide Open Tech

Trending News

Coming To Mayfaire: New Tenants, Lululemon Expansion And Rolex Time

Staff Reports - Jun 14, 2024

In The Current Issue

CFCC, UNCW Expand Programs

Health care industry training programs have been getting a boost....

Convenience Store Chains Expand

At a community meeting in mid-May, officials from the Pennsylvania-based company announced 10 sites they’re eyeing for a Wawa....

Canapi Venture’s Fund Raises Stakes

This fund is focused on supporting companies that further AI governance, cybersecurity and climate technology....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



2024 Power Breakfast: The Next Season