Billy Wilson Acquires Retail Asset At 2650 Ward Boulevard Wilson NC For $5.55M
2650 Ward Boulevard
$5,550,000
$1,027/SF
Building Size
5,400 SF
Asset Type
Retail
Closing
Mar 13, 2026
AI
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
Wilson Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93