25,800 - 42,800 SF Office, Showroom & Warehouse For Lease

Industrial for Lease
Catylist Listing ID: 30611762
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
Contiguous Space: 25,800 - 42,800 SF
Total Available: 68,600 SF
Building Size (RSF): 25,800 SF
Gross Building Area: 42,800 SF
Gross Land Area: 3.20 Acres
Lease Rate: $7.50 PSF (Annual)
Base Monthly Rent: $26,750
Lease Types: NNN
Usable Size (USF): 25,800 SF
Last Updated: 2/15/2021

Overview / Comments

1502 N. 23rd Street in Wilmington, North Carolina, currently offers 25,800 SF of office, showroom and warehouse space for lease with the potential to expand in to a total of 42,800 SF. The building offers approximately 8,000 SF of office and showroom within the front portion of the building and the balance is a mix of fully conditioned and unconditioned warehouse and assembly space. Within the front fully conditioned warehouse area there is approximately 17,800 SF with one dock, one drive in door and 16.5 ft ceiling heights. In the rear 17,000 SF unconditioned warehouse area, there are three dock doors and two drive in doors and ceiling heights of 21 ft. The front 25,800 SF area and the rear 17,000 SF area can be leased together or the front 25,800 SF space can be leased individually.

The property is located across the street from Screen Gems Studios and Alcami Corp. at the intersection of 23rd Street and the on/off ramp to Martin Luther King Blvd in Wilmington. The property is also less than a mile from the Wilmington International Airport. The rental rate is $7.50 PSF Base Rent + $0.94 PSF TICAM. Please call listing brokers for a tour of this facility.

Attachments & Media

Expand All 2 Spaces Available

Suite: Entire Building 42,800 SF $7.50 PSF (Annual) NNN
Suite: Unit 1 25,800 SF $7.50 PSF (Annual) NNN

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington
Tax ID/APN: R04807-003-006-000
Airports: ILM
Area Description: On the corner of N. 23rd Street and MLK Parkway. Minutes from ILM.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1986
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Heat Pump
Air Conditioning: Package Unit
Lighting: LED
Zoning Description: IND - Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,959 50,335 109,288
Median Age: 33.48 33.24 35.52
Households: 1,563 23,479 47,075
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