Charlotte, NC (March, 2019)MPV Properties (MPV) is pleased to announce the sale of 5120 Market Street in Wilmington, NC. The .9 acre site, located on the southeast corner of Market Street and New Centre Drive will become a KFC with a drive thru. The buyer plans to commence construction this summer, with an anticipated opening in the fall. The land sold for $1.1M.

Brad Murr and Austin Easter of MPV Properties represented the seller, and Jeremy Phillips of Environments Unlimited, Inc. represented the buyer in this transaction.

Cover photo: Aerial of future KFC on Market Street and New Centre Drive

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About MPV Properties

MPV Properties is one of the Charlotte area’s leading commercial real estate firms, offering landlord and tenant representation in office, industrial and retail, as well as land brokerage, development, and association and property management services. For more information, visit www.mpvre.com.