Vacant Office Condos for Lease/Sale
Office
for Lease
Catylist Listing ID: |
30663532 |
Property Subtypes: |
Office Building, Other
|
Condo? |
Yes |
Contiguous Space: |
3,449 - 7,523 SF |
Total Available: |
15,874 SF |
Building Size (RSF): |
4,902 SF |
Gross Building Area: |
60,000 SF |
Gross Land Area: |
3.90 Acres
|
Lease Rate: |
$20 - 25 PSF (Annual)
|
Base Monthly Rent: |
$5,748 - 12,538 |
Lease Types: |
NNN |
Ceiling: |
10 ft. |
Building Name: |
Porters Neck Professional Center |
Class of Space: |
Class A |
Usable Size (USF): |
4,154 SF |
Core Factor: |
18% |
Last Updated: |
5/19/2022 |
Overview / Comments
Porters Neck Professional Center is a premier three-story condominiumized office building totaling approximately 60,000 Square Feet. The property is located at 8115 Market Street in the dynamic Porters Neck submarket of Wilmington, North Carolina. The property has an excellent traffic pattern with a direct right-in, right-out access from Market Street and interconnectivity with the Bayshore Commons Shopping Center, which provides accessibility to a stoplight intersection. The property is zoned B-2 and located within the New Hanover County zoning district. Total TICAM is estimated at $3.75prsf reconciled annually.
Current occupants in the building include Medac, EmergeOrtho, and Benjamin Friberg, DDS, PLLC. The building was originally constructed in 2006 with a modern and attractive design by architect, Michael Kersting. The building contains three stairwells and two elevators servicing all floors. Additionally, there are approximately 238 parking spaces available onsite. A variety of lease and/or purchase opportunities are available.
Space 1B-R is also available for purchase for $1,196,750.00
Space 2C-X is also available for purchase for $595,000.00
Space 3C-R is also available for purchase for $1,250,000.00
|
Level/Floor: |
1 |
Space Available: |
4,902 SF |
Lease Rate: |
$25 PSF (Annual)
$10,212 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
This former radiology space has a freshly remodeled full medical upfit and is ready for immediate occupancy. |
Space Subcategory: |
Office Building, Medical |
Date Available: |
10/28/2020 |
Space Type: |
Relet |
Level/Floor: |
2nd Floor |
Space Available: |
3,449 SF |
Lease Rate: |
$20 PSF (Annual)
$5,748 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
This recently subdivided unit is in cold, dark shell condition and is ready for a customized upfit. Included in the asking rate is a $50 per usable square foot upfit allowance. |
Space Subcategory: |
Office Building |
Date Available: |
2/28/2017 |
Space Type: |
New |
Tenant Improvements Allowance |
$50 |
Level/Floor: |
3rd Floor |
Space Available: |
7,523 SF |
Lease Rate: |
$20 PSF (Annual)
$12,538 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
This recently subdivided unit is in cold, dark shell condition and is ready for a customized upfit. Included in the asking rate is a $50 per usable square foot upfit allowance. |
Space Subcategory: |
Office Building |
Date Available: |
2/28/2017 |
Space Type: |
New |
Tenant Improvements Allowance |
$50 |
Additional Details
Nearest MSA: |
Wilmington |
County: |
New Hanover |
Taxing Authority: |
New Hanover County |
Tax ID/APN: |
R03600-003-124-002 |
Zoning: |
B-2 |
Highway Access: |
I-140 via Hwy 17 (half mile) |
Airports: |
ILM-Wilmington International Airport-20 minutes |
Parking Type: |
Surface |
Total Parking Spaces: |
238 |
Passenger Elevators: |
2 |
Sprinklers: |
Wet |
Heat Type: |
Electricity |
Heat Source: |
Heat Pump |
Air Conditioning: |
Other |
Internet Access: |
Cable |
Zoning Description: |
B-2 in New Hanover County |
Lot Frontage: |
180 ft |
Lot Depth: |
975 ft |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Utilities |
Legal Description: |
MEDAC PROFESSIONAL CENTER CONDOMIMIUM UNITS 1A, 1B, 2A,
2B, 2C, 2D, 3A & 3B. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,578 |
26,010 |
60,787 |
Median Age: |
36.52 |
39.63 |
38.09 |
Households: |
1,110 |
10,589 |
24,281 |
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