NEW Office/Retail/Flex Space Available for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30355508
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Status: Under Construction
Contiguous Space: 2,400 - 7,200 SF
Building Size (RSF): 7,200 SF
Gross Land Area: 3.61 Acres
Lease Rate: $15 - 17 PSF (Annual)
Lease Types: Modified Gross
Last Updated: 5/9/2019

Overview / Comments

5529 Business Drive is currently under construction and is located at the prime intersection of Business Drive, North College Road and Exchange Drive with frontage on North College Road. This brand new building will be 7,200 SF with available unit sizes of 2,400 SF, 4,800 SF and 7,200 SF. The new building will feature signage on Business Drive and it will be designed for Retail, Office and Flex type businesses. The building will have drive in doors available on the rear of the unit(s) and the location will offer close proximity to Highway US-117 and I-40 in Wilmington, North Carolina. The rental rate includes an approximately 20% build out. The delivery date of this building is anticipated for 2nd quarter 2019. Please call listing agent for additional information.

Expand All Available Space

Suite: Entire Building 7,200 SF $15 - 17 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 7,200 SF
Minimum Divisible: 2,400 SF
Lease Rate: $15 - 17 PSF (Annual)
Lease Type: Modified Gross
Date Available: 12/31/2019
Space Type: New

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R03416-003-004-000
Zoning: CUD B-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Business Drive and Exchange Drive
Property Visibility: Excellent
Largest Nearby Street: US-117/N. College Road & I-40
Highway Access: US-117 & I-40
Airports: Wilmington International Airport (ILM)
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,200 SF
Property Condition: Excellent
Year Built: 2019
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: CUD B-2 (Conditional Use District Zoning B-2)
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT MURRAYVILLE STATION

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,106 42,448 105,929
Median Age: 39.78 35.59 35.13
Households: 1,980 17,927 45,067
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