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Class-A Office Suite with Balcony
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1001 Military Cutoff Rd, Wilmington, NC 28405

Second-floor office suite includes reception, conference rooms, private offices, and a private outdoor balcony.

Property Size10,330 SF
Days on Market716

Property Features for 1001 Military Cutoff Rd

General Information

Standard status Active
Size 10,330 SF
Class A
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Contiguous Space 10,330 SF
Divisible Yes
Floor 2
Space Use Office
Condition Second Generation
Sublease No
Private Offices 18
Meeting Rooms 4
Furnished Yes

Amenities

kitchen/breakroom
private outdoor balcony
Listing Agency: Cape Fear Commercial, LLC
Listed By: Keith Austin
Source: Moodyscre
Added: Aug 15, 2024 Changed: Jul 29 Last Checked: Jul 30 at 8:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cape Fear Commercial, LLC

Investment Insights

Based on property information with market context.

Approximately 10,330 SF of Class-A office space on the second floor is currently available for lease. The suite includes a reception and waiting area, one large conference room and three smaller conference rooms, 18 private offices, and three separate bullpen areas. Additional interior improvements include a large kitchen/breakroom, multiple work rooms, and storage. A large private outdoor balcony is available for tenant use and is not included in the stated square footage.

The space is described as being in excellent condition. The landlord will consider tenant up-fit or an allowance on a case-by-case basis. Furniture is included with the lease, and the landlord may consider subdividing for a long-term tenant.

Please note: the property is identified as 1001 Military Cutoff Rd, Wilmington, NC 28405 in the provided information.

Key Highlights

  • ±10,330 SF (±8,983 USF) 2nd‑floor Class‑A office suite
  • Includes reception/waiting area, 1 large conference room, and 3 smaller conference rooms
  • 18 private offices plus 3 separate bullpen areas for flexible workspace layouts

Property Analytics

Current Use

Vanessa Holt Realty ... Real Estate Agency Bankers Life Insurance Agency Samuel Tucker, Bankers ... Insurance Agency PharPoint Research Inc Research Institute Select Bank & Trust Bank

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,634
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value

Market

Lease Benchmarks for Wilmington, NC

$57.08 /SF/Yr
Avg Asking Price
$21.19–$288 /SF/Yr
Price Range
1,988 SF
Avg Space Size

This space is priced 50% below the average of $57.08 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office suite includes reception, conference rooms, private offices, and a private outdoor balcony.
Where is this office units located?
The property is located at 1001 Military Cutoff Rd Wilmington, NC.
What is the lease rate?
The lease rate is $28.50 SF/Yr.
What are key features of this property?
This property features: ±10,330 SF (±8,983 USF) 2nd‑floor Class‑A office suite; Includes reception/waiting area, 1 large conference room, and 3 smaller conference rooms; 18 private offices plus 3 separate bullpen areas for flexible workspace layouts
(910) 352-3660 Call to check price and availability
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