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Billy Wilson Acquires Retail Asset At 2650 Ward Boulevard Wilson NC For $5.55M

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SOLD
$5,550,000

North Carolina

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Retail5,400 SF
Sold 03/13/2026
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Property Image
SOLD

Billy Wilson Acquires Retail Asset At 2650 Ward Boulevard Wilson NC For $5.55M

2650 Ward Boulevard

See Similar Deals
Retail5,400 SF
Sold 03/13/2026
Contact now

Summary

NORTH CAROLINA
Asset Type:Retail
Price Per Square Foot:$1,027
Total Square Footage:5,400 SF
Transaction Type:Sale

The asset involved in this transaction is a retail property located at 2650 Ward Boulevard in Wilson, NC. The sale was finalized for a price of $5,550,000, covering a total of 5,400 square feet, which equates to a price per square foot of $1,027.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,550,000
  • Address: 2650 Ward Boulevard
  • Market: Wilson, NC
  • Square Footage: 5,400
  • Price per Square Foot: $1,027
  • Buyer: Billy Wilson
  • Seller: Zan Marquis
  • Seller's Representatives: Justin Michael Natalizio, Alessandro Lima & Arthur Porosoff - Compass

This transaction involved key individuals such as buyer Billy Wilson and seller Zan Marquis. The seller was represented by Justin Michael Natalizio, Alessandro Lima, and Arthur Porosoff from Compass, facilitating the sale process for the retail property.

Players

Alessandro Lima
28 deals$105M volume(305) 281-4469
BROKER

Justin Michael Natalizio
Compass
16 deals$608.9M volume(917) 685-6988
BROKER

Arthur David Porosoff
25 deals$180.7M volume(305) 733-6066
BROKER

Details

SOLD
IMAGE: Alessandro Lima, Arthur Porosoff & Justin Michael Natalizio DATE: 03/13/2026 ADDRESS: 2650 Ward Boulevard MARKET: Wilson, NC ASSET TYPE: Retail BUYER: Billy Wilson SELLER: Zan Marquis SELLER'S REP: Justin Michael Natalizio (@Cre_broker_Natalizio), Alessandro Lima (@AlessandroLimarealestate) & Arthur Porosoff (@ThePorosoffGroup) - Compass (@Compass) SALE PRICE: $5,550,000 SF: 5,400 ~ PPSF: $1,027

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$295,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,717.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,309.83
Annual Debt Service$315,717.98