The coastal region of North Carolina is one of the most underrated but fastest-growing areas for commercial real estate investment.
Why Invest in Wilmington’s Suburbs?
- Brunswick County: The Fastest-Growing in NC – Population grew 12% from 2020-2022.
- Limited Retail Supply – Vacancy rates in Wilmington are only 1.2%, meaning retailers need more space to meet demand.
- Strong Economic and Infrastructure Growth – Expanding highways and new developments in Leland and Hampstead are fueling the market.
Investment Potential:
With limited retail competition, high population growth, and strong economic expansion, Wilmington’s coastal suburbs offer a rare opportunity for investors.
Sources:
Dig into North Carolina’s Strong Retail Rent Growth
Fastest Growing Suburb In America Is This Sleepy North Carolina Town With Affordable Homes
America’s 50 Fastest-Growing Suburbs With Home Values Under $500,000
North Carolina Now Home to Over 11 Million People
How is North Carolina Population Change Occurring?
When North Carolinians Move Across County Lines
Latest Population Estimates Show Most NC Counties and Municipalities Growing
Most Counties Share in NC’s Continued Growth
NC to Become 7th Most Populated State in Early 2030s
Doug Kline, PhD, has held income properties in North Carolina for more than 20 years. He holds a North Carolina broker’s license, and is a member of the National Association of Realtors and the Triangle Real Estate Investors Association. A lifelong learner, he holds an MBA and a PhD in business, and continues his education by attending meetings of the Society of Exchange Counselors and the National Counsel of Exchangors. In addition to his extensive real estate activities, Doug enjoyed a successful career in academia, achieving the rank of Full Professor in the Cameron School of Business at UNC Wilmington. He was honored with research and teaching awards, served as Director of the MS Computer Science and Information Systems program, and was awarded the endowed position Distinguished Professor of Information Systems.