Central Wilmington Retail

1108 Princess St - Space Carolina Heights, Wilmington, NC HVAC
Aug 30
11,000
sqft
Industrial Office Retail
1118 N 4th St - Space Carolina Heights, Wilmington, NC  
May 27
4,000
sqft
Office Retail
200 N Water St - Floor 3 Downtown Wilmington, Wilmington, NC Onsite Parking.
May 27
1,800
sqft
Office Retail Restaurant
25 N 3rd St - Space Downtown Wilmington, Wilmington, NC Close Points Of Interest.
May 27
1,200
sqft
Mixed Use Office Retail Restaurant

Central Wilmington

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,150

Central Wilmington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Wilmington submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.

Central Wilmington Listing Supply

In the last 90 days, 92 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Central Wilmington are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1925 and are Class B.

Central Wilmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central Wilmington folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Central Wilmington.
Research