Print
Real Estate - Commercial

South College Road Property For Sale After Honda Dealership's Move

By Cece Nunn, posted Sep 24, 2020
The property at 821 S. College Road, which used to hold a car dealership, is for sale for more than $9.6 million. (Photo by Cece Nunn)
Prominent property on South College Road is up for sale after an auto dealership moved to a new facility on Market Street.

The spot that previously held Stevenson-Hendrick Honda at 821 S. College Road in Wilmington has been listed for sale at a price of a little over $9.6 million. 

Stevenson purchased the property in 1992. Over time the dealership grew from one building to three buildings totaling about 57,000 square feet on 7 acres, making it one of the largest dealerships in the Southeastern North Carolina, according to a news release.

Cody Cress, Tyler Pegg and Will Daube, with The CRESS Group of Coldwell Banker Commercial Sun Coast Partners, are the listing agents.  

"The site is still very functional and well set up for another local or national dealership to take advantage of the existing real estate," according to a CRESS Group news release. "The site is located within close proximity to the University of North Carolina at Wilmington at a prime hard corner with substantial road frontage and a traffic count of 77,000 +/- vehicles daily.

"This also makes it very attractive to major national retailers or for a repurpose of the property into something new."

Mark Johnson, executive vice president and sales manager of CBC Sun Coast Partners, said the property is unique.

“Sites this size and with frontage on this primary artery come along very rarely," Johnson said. "I expect this listing to garner a great deal of interest both locally and regionally.”
Ico insights

INSIGHTS

SPONSORS' CONTENT
Cfss headshots parker robert webversion 21422121214

The Latest Solar Scams and What You Can Do to Help Stop Them

Robert Parker - Cape Fear Solar Systems
Untitleddesign2 9202334730

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

Novant Health - New Hanover Regional Medical Center Novant Health
Untitleddesign7

Mastering ARC Applications: Best Practices for HOA Board Members

Dave Orr - Community Association Management Services

Trending News

Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route

Emma Dill - Apr 22, 2024

Severe Weather Postpones Trump Rally In Wilmington

Emma Dill - Apr 20, 2024

Will NC Be CNBC's Three-time Top State For Business?

Audrey Elsberry - Apr 22, 2024

In The Current Issue

MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...

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!


Galleries

Videos

2024 Power Breakfast: The Next Season