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Office Space with NNN Lease
For Sale
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101 Virginia Ave, Wilmington, NC 28401

The property is associated with Cross River Therapy and includes scheduled 3% lease escalations.

Property SizeContact for details
Days on Market143

Property Features for 101 Virginia Ave

General Information

Standard status Active
Property subtype Office

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Ryan Burke · License #412701
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:55AM

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 Matthews

Investment Insights

Based on property information with market context.

This office property is associated with Cross River Therapy and is structured around a 15-year NNN lease. The lease includes 3% scheduled bumps, providing defined escalation terms over the stated term.

The property is located at 101 Virginia Ave in Wilmington, North Carolina. The available information identifies the asset as office space and provides a specific lease structure, tenant association, and address for evaluating the offering.

Key Highlights

  • 15‑year NNN lease structure
  • 3% scheduled lease bumps
  • Associated with Cross River Therapy

Property Analytics

Current Use

AOS Research Services Advertising Agency Archer Healthcare Advertising Agency Cross River Therapy: ... Pediatrician AOS Agricultural Communications Telecommunications Service Ems-Tech International Inc Engineer

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

303
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

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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Similar Off Market Nearby

  • Archer Healthcare 101 Virginia Ave, Wilmington, NC 28401

Frequently Asked Questions

What type of property is this?
Office space - The property is associated with Cross River Therapy and includes scheduled 3% lease escalations.
Where is this office space located?
The property is located at 101 Virginia Ave Wilmington, NC.
What are key features of this property?
This property features: 15‑year NNN lease structure; 3% scheduled lease bumps; Associated with Cross River Therapy
More about this property
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