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Historic Murchison Building Office Space
For Lease
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201 N Front St, Wilmington, NC

Downtown Wilmington office suites with flexible lease terms.

Space Size2,397 SF - 2,544 SF
Lot Size0.35 Acres
Days on Market1145

Property Features for 201 N Front St

General Information

Standard status Active
Size 2,397 SF - 2,544 SF
Lot size 0.35 Acres
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 201 N Front St Contact us

The Murchison Building - Office Space For Lease $18 – $26/SF/Yr

Size
2,397 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Various suite sizes on flexible lease terms offered at the historic 11-story Murchison...
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Contact us

The Murchison Building - Retail Space For Lease $16 – $26/SF/Yr

Size
2,544 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Various suite sizes on flexible lease terms offered at the historic 11-story Murchison...
show more
Contact us
Listing Agency: Cape Fear Commercial, LLC
Listed By: Julia Schuett · License #201401
Source: Moodyscre
Added: Jun 28, 2023 Changed: Aug 8 Last Checked: Aug 14 at 6:01AM

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.

Located in the heart of downtown Wilmington, the historic 11-story Murchison Building offers various suite sizes with flexible lease terms. Constructed between 1913 and 1914, the building is situated at 201 N. Front St. and provides incredible views and plenty of natural light. The building is adjacent to the new River Place development, a 13-story mixed-use development featuring 32,000 square feet of retail space, 92 luxury condominiums, and 79 luxury rental apartments. The available office space is suitable for various business operations. Rates include trash pick-up twice a week. Net electric, data, phone, and internet hookups are available in the unit. Tenants are also offered free notary services and access to a conference room located on the 2nd floor of the building, available for rent.

Key Highlights

  • Prime downtown Wilmington location near restaurants and retailers.
  • Flexible lease terms and various suite sizes available.
  • Incredible views and plenty of natural light.

Property Analytics

Current Use

URS Corporation Engineering Consultant Dowd Technology Group, ... (Bike/Boat/Book/etc) Store Stellar Digital Inc (Bike/Boat/Book/etc) Store Eric J Christopher ... Physician AT&T Home Internet Telecommunications Service

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Florist

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,287
Businesses Nearby

Market

Lease Benchmarks for Wilmington, NC

$51.85 /SF/Yr
Avg Asking Price
$19.44–$288 /SF/Yr
Price Range
6,227 SF
Avg Space Size

This space is priced 69% below the average of $51.85 /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 - Downtown Wilmington office suites with flexible lease terms.
Where is this office units located?
The property is located at 201 N Front St Wilmington, NC.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime downtown Wilmington location near restaurants and retailers.; Flexible lease terms and various suite sizes available.; Incredible views and plenty of natural light.
(910) 899-6660 Call to check price and availability
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