Island Park Flex Space

Industrial for Lease
Catylist Listing ID: 30630784
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
Contiguous Space: 2,500 - 17,000 SF
Building Size (RSF): 22,000 SF
Lease Rate: $9 PSF (Annual)
Base Monthly Rent: $12,750
Lease Types: NNN
Usable Size (USF): 22,000 SF
Last Updated: 7/16/2020

Overview / Comments

Up to 17,000sf of new construction flex/office/warehouse space available in Island Park, conveniently located beside I-40 Exit 414. The space is offered as Build to Suit in 2,500sf increments with a wide variety of customizable options to fit almost any need.

The Landlord will begin construction on two upfits in early August, creating the potential for shortened design/construction time and economies of scale for any tenant to execute a lease within the month.

The site includes a depressed loading dock able to service two trucks at a time, drive-in overhead doors and ample paved parking.

Positioned in the quickly growing Castle Hayne/Rocky Point submarket, Island Park is nearby 2,500+ proposed rooftops as well as other commercial development proposed and underway. The location has convenient highway access to all points north, south, east and west via I-140, HWY 133, HWY 210 and US 17

Lease rates will vary depending on level of upfit and space needed. TICAM is TBD but estimated at $1.50sf annually.

Expand All Available Space

Suite: 5656 17,000 SF $9 PSF (Annual) NNN
Space Available: 17,000 SF
Minimum Divisible: 2,500 SF
Lease Rate: $9 PSF (Annual)
$12,750 (Monthly)
Lease Type: NNN
Space Subcategory: Business Park, Warehouse/Distribution
Date Available: 9/15/2020
Space Type: New
CAM Expenses $1.50 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3% annual escalations

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R01100-008-011-004
Zoning: B-2
Highway Access: Immediate access to I-40, less than a mile to HWY133, 3.5 miles to the I-140 Interchange, 8 miles to US 17
Airports: ILM 4.5 miles
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2020
Construction/Siding: Brick, Metal Siding
Parking Type: Surface
Parking Description: Paved asphalt
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: LED, Fluorescent
Internet Access: Cable, Fiber Optic
Zoning Description: The purpose of this district shall be to provide for the proper grouping and development of roadside business uses which will best accommodate the needs of the motoring public and businesses demanding high volume traffic. The district's principal means of ingress and egress shall be along collector roads, minor arterials, and/or major arterials as designated on the County's Thoroughfare Classification Plan. (8/4/86) No B-2 District shall be less than five (5) acres in area
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,748 28,718
Median Age: 37.4 36.85
Households: 2,193 11,275


Photograph of Listing Agent

Eric Knight

Nest Realty NCCMLS Member
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