Office For Lease Burnt Mill Business Park

Office for Lease
Catylist Listing ID: 30794227
Property Subtypes: Business Park, Governmental, Institutional, Office Building
Contiguous Space: 4,000 SF
Building Size (RSF): 4,000 SF
Gross Building Area: 5,400 SF
Lease Rate: $21.50 PSF (Annual)
Base Monthly Rent: $7,166
Lease Types: Modified Gross
Class of Space: Class B
Usable Size (USF): 4,000 SF
Last Updated: 5/18/2022

Overview / Comments

7 private offices, 2 large conference rooms, bullpen area, receptionist area, and kitchenette. The space is in great shape with new carpet and paint. the building offers ample parking and plenty of signage/visibility from Covil Ave.

There is an additional 1,400 sf available if a tenant needs larger space.

Tenant pays electric, internet, phone, janitorial & pro-rata share of water, sewer, storm-water. Also, there is a tax stop to where the tenant pays the difference in the event the local authority adjusts the tax rate (example: the current bill is $2,000 (which landlord pays and the increase is 1% the tenant would be responsible for the $20 adjustment for that year).

Expand All Available Space

Suite: 102 4,000 SF $21.50 PSF (Annual) Modified Gross
Level/Floor: 102
Space Available: 4,000 SF
Lease Rate: $21.50 PSF (Annual)
$7,166 (Monthly)
Lease Type: Modified Gross
Space Description: 7 private offices, 2 large conference rooms, bullpen area, receptionist area, and kitchenette. The space is in great shape with new carpet and paint. the building offers ample parking and plenty of signage/visibility from Covil Ave.

There is an additional 1,400 sf available if a tenant needs larger space.

Tenant pays electric, internet, phone, janitorial & pro rata share of water, sewer, storm-water. Also, there is a tax stop to where the tenant pays the difference in the event the local authority adjusts the tax rate (example: the current bill is $2,000 (which landlord pays and the increase is 1% the tenant would be responsible for the $20 adjustment for that year).
Space Subcategory: Business Park, Office Building
Date Available: 4/15/2022
Lease Term: 36 Months
Space Type: Sublet
Conference Rooms: 2
Offices 7
Kitchen Yes
Rent Escalators Description 3% annually

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R05505-004-003-002
Zoning: O&I
Property Located Between: Randall Parkway and Covil Ave
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: O&I-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,983 73,152 134,319
Median Age: 33.09 34.28 36.49
Households: 5,322 32,277 57,922
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