Pre-leasing New Midtown Wilmington Oleander Dr Medical Office Building

Office for Lease
Catylist Listing ID: 30718016
Property Subtypes: Business Park, Medical, Office Building
Building Status: Under Construction
Contiguous Space: 4,190 SF
Building Size (RSF): 4,470 SF
Gross Building Area: See Agent
Gross Land Area: 48,095 SF
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $6,983
Lease Types: NNN
Building Name: Magnolia Office Park Condos
Class of Space: Class A
Usable Size (USF): 4,470 SF
Last Updated: 4/7/2021

Overview / Comments

New construction of a Class A office condo building in the Magnolia Office Park development. This centrally located office park is attractive to a wide spectrum of medical users and patient base from throughout the region. Close proximity to NHRMC Orthopedic Hospital.
A variety of lease options are available: Build to suit medical office space in Magnolia Office Park. Improvement allowance for lease is negotiable and will vary depending upon scope of improvements and term of lease. Deposit rates will be dependent on size and build out requirements and tenant credit rating. Lease rate: $20/sqft/year

Expand All Available Space

Suite: 5127 4,190 SF $20 PSF (Annual) NNN
Space Available: 4,190 SF
Lease Rate: $20 PSF (Annual)
$6,983 (Monthly)
Lease Type: NNN
Space Description: Medical/ Professional office space in Magnolia Office Park. Improvement allowance for lease is negotiable and will vary depending upon scope of improvements and term of lease. Deposit rates will be dependent on size and build out requirements, and tenant credit rating. Lease rate: $20/sqft/year. Estimated TICAMs of $5/SF.
Space Subcategory: Office Building, Medical
Date Available: 8/1/2021
Space Type: New
Parking Spaces 22
Rent Escalators Other

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington
Tax ID/APN: R06205-009-009-000
Zoning: O&I 1 (CD)
Property Located Between: 51st and 52nd
Property Visibility: Fair
Highway Access: Easy access to Oleander Drive, I7, 74/76
Airports: ILM
Site Description: New office construction in a well maintained Office Park attracting medical, dental, and financial tenants
Area Description: Mix of professional service and medical office, retail, and residential along high traffic main corridor
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,800 SF
Year Built: 2021
Roof Type: Gable
Construction/Siding: Wood Shingle
Exterior Description: Low Country style
Parking Ratio: 5.5 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 22
Heat Type: Electricity
Heat Source: Central, Heat Pump
Zoning Description: O&I (conditional district, medical)
Part of Planned Development?: Yes
Lot Frontage: 176
Lot Depth: 122
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Magnolia Office Park Future Dev

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,737 67,307 144,315
Median Age: 33.9 36.46 37.19
Households: 3,127 28,806 62,234

Contact

Photograph of Listing Agent

Kenneth Fisher, III

RE/MAX Essential NCCMLS Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.