1501 Medical Center Drive - Medical Office

Office for Lease
Catylist Listing ID: 30651168
Property Subtypes: Medical
Contiguous Space: 3,198 SF
Building Size (RSF): 3,198 SF
Gross Land Area: 0.48 Acres
Lease Rate: $14 PSF (Annual)
Base Monthly Rent: $3,731
Lease Types: NNN
Building Name: 1501 Medical Center Drive - Medical Office
Class of Space: Class B
Usable Size (USF): 3,198 SF
Last Updated: 4/26/2021

Overview / Comments

Well located single tenant medical building with great visibility, located one block from the main entrance of New Hanover Regional Medical Center's main campus on the corner of Medical Center Drive and Doctor's Circle in the hear of the medical district.

Attachments & Media

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Suite: 1501 3,198 SF $14 PSF (Annual) NNN
Space Available: 3,198 SF
Lease Rate: $14 PSF (Annual)
$3,731 (Monthly)
Lease Type: NNN
Space Subcategory: Medical, Office Building
Date Available: 9/24/2020
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes
Rent Escalators Description 3%
Rent Concession TBD

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: 312610.47.7208.000
Property Located Between: Northeast corner of Medical Center Drive and Doctor's Circle
Property Visibility: Excellent
Highway Access: NA
Airports: NA
Area Description: At the corner of main (Medical Center Drive) and main (Doctor's Circle) within the NHRMC/hospital submarket.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,198 SF
Year Built: 1968
Year Renovated: 1985
Roof Type: Gable
Construction/Siding: Brick, Wood Frame
Parking Ratio: 8.9 (per 1000 SF)
Parking Type: Surface
Parking Description: Onsite surface parking spaces
Total Parking Spaces: 28
Heat Type: Electricity
Air Conditioning: Package Unit
Zoning Description: O&I-1-OFFICE & INSTITUTION (GENERAL)
Lot Frontage: 282
Lot Depth: 200 x 110
Water Service: Municipal
Sewer Type: Municipal
Legal Description: MEDICAL ARTS CENTER LOT 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,410 64,574 135,739
Median Age: 41.67 37.55 36.38
Households: 4,371 30,268 58,531
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