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
|
| 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 |
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 |
|
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