Medical Office For Lease

Office for Lease
Catylist Listing ID: 30659394
Property Subtypes: Business Park, Medical, Net Leased, Office Building
Contiguous Space: 3,300 - 11,739 SF
Total Available: 23,439 SF
Building Size (RSF): 11,739 SF
Gross Building Area: 14,580 SF
Gross Land Area: 5.37 Acres
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $4,950 - 7,500
Lease Types: NNN
Building Name: 17th Street Medical Park
Class of Space: Class A
Usable Size (USF): 11,739 SF
Last Updated: 10/17/2021

Overview / Comments

Beautiful medical office condo available for lease to a single tenant or multiple tenants. Asking $18.00/SF NNN.

Great office park with ample parking - this is the nicest office option so close to NHRMC. Less than a mile away, easy to walk or drive.

Also available for sale, asking $1,900,000.

Currently Quest Diagnostics has a short-term lease in place. This tenant can vacate in relatively short order. One vacant unit ready for general medical office tenant with minimal upfit.

1) Quest Diagnostics has approx 8300 SF +/-. About 5000 SF is mostly open lab space, and;

1a) 3300 SF +/- is administrative office, reception, conference, storage being used by Wilmington Pathology Associates (as part of the Quest lease)

2) Vacant unit demised for general office, approx 3400 SF +/-

Condo documents technically require medical use, but COA has approved general office use within the development. Condo fee is $1.76/SF billed quarterly.

Mostly open areas make for easy upfit/reconfiguration with minimal demolition.

Lease details and building plans available with a signed CA.

Expand All 4 Spaces Available

Suite: 1 5,000 SF $18 PSF (Annual) NNN
Suite: 2 3,400 SF $18 PSF (Annual) NNN
Suite: 100 11,739 SF $18 PSF (Annual) NNN
Suite: 1a 3,300 SF $18 PSF (Annual) NNN

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R05419-003-002-002
Zoning: O&I
Property Visibility: Excellent
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 14,580 SF
Year Built: 2005
Roof Type: Flat
Construction/Siding: Brick
Parking Ratio: 6.1 (per 1000 SF)
Parking Type: Surface
Parking Description: Non-exclusive parking shared with condo association. Immediately adjacent to this office condo are 89 parking spaces with an approximate ratio of 6.1/1000 for the entire building, including unit 101 not offered for sale or lease as part of this listing.
Total Parking Spaces: 89
Zoning Description: Office and Institutional
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,253 66,188 140,828
Median Age: 41.57 36.12 36.5
Households: 5,214 30,908 60,343
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