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Class A Single-Tenant Office Building
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1007 Olde Waterford Way, Leland, NC 28451

Single-tenant, build-to-suit Class A office with a 5-year initial term and three 3-year options plus 2.5% annual escalations.

Property SizeContact for details
Days on Market47

Property Features for 1007 Olde Waterford Way

General Information

Standard status Active
Property subtype OFFICE

Building Details

Tenancy Single
Listing Agency: BlueCoast Commercial, LLC
Listed By: Steve Hall · License #255181
Source: Mullarkeycreg
Added: Jul 30 Changed: Sep 7 Last Checked: Sep 14 at 5:29AM

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 BlueCoast Commercial, LLC

Investment Insights

Based on property information with market context.

This single-tenant office building is described as a turnkey, build-to-suit asset for the existing tenant, with Class A office finishes and a coastal-modern design. The property is presented as meticulously maintained, supporting an investor-facing, low-day-to-day management profile.

The office is located at 1007 Olde Waterford Way in Leland’s Waterford area, positioned within a master-planned environment of professional services, retail, and rooftops, and described as just minutes from downtown Wilmington.

The lease structure is presented with a 5-year initial term and three 3-year options. Annual escalations are described as 2.5%.

Key Highlights

  • 5,076 SF single‑tenant office building
  • Class A office finishes and coastal‑modern design
  • Build‑to‑suit for the existing tenant

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Building Supply Garden Center Kitchen & Bath Showroom Electrical Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 28451, NC

39,025
Population
19,672
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
172.2 sq mi
ZIP Area
227
Density / Sq Mi
$77,380
Median Household Income
$41,164
Median Earnings
$1,465
Median Rent
$315,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 building - Single-tenant, build-to-suit Class A office with a 5-year initial term and three 3-year options plus 2.5% annual escalations.
Where is this office building located?
The property is located at 1007 Olde Waterford Way Leland, NC.
What are key features of this property?
This property features: 5,076 SF single‑tenant office building; Class A office finishes and coastal‑modern design; Build‑to‑suit for the existing tenant
More about this property
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