Midtown Park - Medical Office Building

Office for Lease
Catylist Listing ID: 30262543
Property Subtypes: Medical, Office Building
Contiguous Space: 3,981 - 9,406 SF
Total Available: 19,026 SF
Building Size (RSF): 58,742 SF
Gross Building Area: 63,054 SF
Gross Land Area: 145,038 SF
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $8,293 - 19,595
Lease Types: NNN
Ceiling: 10 ft.
Building Name: Midtown Park - Medical Office Bldg (Phase 1)
Class of Space: Class A
Usable Size (USF): 52,475 SF
Core Factor: 1.11%
Last Updated: 4/15/2021

Overview / Comments

Midtown Park is Cameron Management's latest Class A office development, with Phase I consisting of a 59,000 SF Class A medical office building. Anchored by Wilmington Health, a leading provider of quality and innovative health care, Building 1 of Midtown Park opened in September 2019 with space available on the first and second floors for medical tenants (certain use restrictions do apply).

Midtown Park is located adjacent to The Pointe at Barclay, a new entertainment and dining destination, anchored by The Pointe 14 cinemas. Midtown Park is also adjacent to Element Barclay apartments, which features 405 modern luxury apartments.

Expand All 3 Spaces Available

Suite: 101 (First Floor West Side of Lobby) 5,639 SF $25 PSF (Annual) NNN
Suite: 102 (First Floor East Side of Lobby) 9,406 SF $25 PSF (Annual) NNN
Suite: 201 (Second Floor, East Side) 3,981 SF $25 PSF (Annual) NNN

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R06500-003-184-000
Zoning: O&I-1 (CD)
Property Located Between: Independence Blvd and South 17th Street
Property Visibility: Excellent
Highway Access: within 1/2 mile of US Hwy 117, 132, and 421
Airports: Wilmington International (ILM)
Site Description: Building 1 at Midtown Park is 60,000 SF and provides 281 surface parking spaces. Building 2 will offer approximately 55,000 SF and a structured parking deck. Future phases will include an expansion of the parking deck and two additional office buildings, for a total of four (4) office buildings. Midtown Park is an excellent option for professional firms, financial services, technology companies and medical tenants.
Area Description: Midtown Park is adjacent to The Pointe at Barclay, Element Barclay Apartments and The Forks at Barclay all located in the heart of in Midtown Wilmington. Midtown Park is one component of a cohesive master planned development that combines live-work-entertain enviornment. The Point at Barclay is an entertainment and dining destination with a 14-screen state of the art cinema, numerous restaurants and personal service amenities. Element Barclay apartments is modern luxury apartment community with 405 apartment units. The Forks at Barclay is a 124 unit patio and town home community priced from $350,000 - $500,000. Midtown is the fastest growing submarket in the city of Wilmington.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 20,000 SF
Year Built: 2019
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Covered entries, exterior masonry, steel-framed, metal wall panels, glass, raised planters, exterior sliding storefront doors, aluminum storefront system with 1' Insulated glass, handicap ramps, pedestrian nodes, planters and benches, beautiful landscaping with trees natural to the area.
Parking Type: Structure, Surface
Parking Description: Parking will transition from surface parking to structured parking as future phases come online. The surface parking ratio during Phase 1 is over 5.5 per 1,000 USF.
Total Parking Spaces: 281
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite, Gigabit, Other
Interior Description: Florida tile in lobbies, high-quality custom wall covering, hanging pendent lighting in entry lobbies, two common bathrooms per floor (M/F), two elevators, power assisted aluminum doors, balconies on second and third floor, skylight, two interior stairwells
Zoning Description: O&I-1 (CD)
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements Description: NA
Legal Description: NA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,691 59,139 124,362
Median Age: 41.75 39.54 37.38
Households: 2,731 26,363 53,908
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