Downtown Office
For Lease
Contact for pricing
111 Princess St, Wilmington, NC 28401
Approximately 3,023 SF office suite with multiple private offices, partner offices, public workspaces, and a conference area.
Property Size3,023 SF
Days on Market704
Property Features for 111 Princess St
General Information
Standard status
Active
Size
3,023 SF
Property subtype
OFFICE
Lease Type
SF/mo
Listing Agency:
Cape Fear Commercial, LLC
(910) 431-8280
Listed By:
F. Spruill Thompson, SIOR
(910) 431-8280
Source:
Moodyscre
Added: Aug 29, 2024
Changed: Jul 27
Last Checked: Aug 1 at 5:06AM
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.
This office space offers a flexible interior layout with multiple private offices, two larger “partner offices,” public workspaces/libraries, and an open area suited for a conference room.
The space is located on Princess Street in downtown Wilmington between N Front and 2nd Street, providing access to major downtown hubs and local dining.
The current configuration supports a mix of enclosed work areas and shared spaces, making it workable for teams that need both privacy and collaborative room for meetings.
The space is located on Princess Street in downtown Wilmington between N Front and 2nd Street, providing access to major downtown hubs and local dining.
The current configuration supports a mix of enclosed work areas and shared spaces, making it workable for teams that need both privacy and collaborative room for meetings.
Key Highlights
- Approximately 3,023 SF downtown Wilmington office suite on Princess Street
- Flexible layout with multiple private offices and two larger “partner offices”
- Includes public workspaces/libraries and an additional more open conference room area
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.17 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,536
Businesses Nearby
Explore this area
Business Placement
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
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 51% below the average of $57.08 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Approximately 3,023 SF office suite with multiple private offices, partner offices, public workspaces, and a conference area.
Where is this office units located?
The property is located at 111 Princess St Wilmington, NC.
What is the lease rate?
The lease rate is $7,000 /Mo.
What are key features of this property?
This property features: Approximately 3,023 SF downtown Wilmington office suite on Princess Street; Flexible layout with multiple private offices and two larger “partner offices”; Includes public workspaces/libraries and an additional more open conference room area
