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


Mcwhorter 0005

Where Ideas Come From

Heather McWhorter - UNCW Center for Innovation and Entrepreneurship
Junegunter teachinghorse headshot 5721115557

What Is Next?

June Gunter - TeachingHorse

Finding Success in Succession Planning

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

Inaugural Avelo Flight Touches Down At ILM

Johanna F. Still - Jun 30, 2022

New Hanover Community Endowment Names Advisory Council

Neil Cotiaux - Jun 30, 2022

Stepping Up Burgaw's Parks And Rec

Beth A. Klahre - Jul 1, 2022

Commercial Rises In Surf City

Cece Nunn - Jul 1, 2022

Studio Apartments Near Hospital Trade For $3.6M

Cece Nunn - Jul 1, 2022

In The Current Issue

Bank Embraces ESG Principles

A growing number of institutional investors have steered their money toward companies that are environmentally and societally responsible an...

2022 MADE Awards: Applications Open

The annual MADE awards program spotlights makers, artisans, small business owners and manufacturers in the tri-county area....

Stepping Up Burgaw's Parks And Rec

The town of Burgaw's parks, recreation and tourism department recently completed several projects and is involved in several more aimed to e...

Book On Business

The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100