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Class-A Corner Office Building
For Lease
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115 North 3rd, Wilmington, NC 28401

Class-A office building for lease with corner visibility and included access to an adjacent surface parking lot.

Property Size15,822 SF
Days on Market493

Property Features for 115 North 3rd

General Information

Standard status Active
Size 15,822 SF
Class A
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Cape Fear Commercial, LLC
Listed By: Julia Schuett
Source: Moodyscre
Added: Mar 26, 2025 Changed: Jul 26 Last Checked: Jul 30 at 2:41PM

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.

A ±50,765 SF Class-A office building is available for lease. The property is configured as a premium office option in a downtown setting, and the building is being leased alongside an adjacent surface parking lot for convenient parking.

The building is located at the corner of N 3rd Street and Chestnut Street in downtown Wilmington, NC, offering visibility and accessibility. It is also positioned within walking distance of downtown restaurants, retailers, service providers, and several new mixed-use and residential projects.

For current availability and leasing details, please refer to the marketing brochure.

Key Highlights

  • ±50,765 SF Class‑A office building for lease in downtown Wilmington, NC
  • Corner location at N 3rd Street and Chestnut Street
  • Adjacent surface parking lot included with the lease for convenient parking access

Property Analytics

Current Use

Brooks Pierce Law Firm Deltacom Telecommunications Service Nationwide Insurance: McGriff ... Insurance Agency Homes For Sale Wilmington Real Estate Agency RE/MAX Executive Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic 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
$3.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,262
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Office building - Class-A office building for lease with corner visibility and included access to an adjacent surface parking lot.
Where is this office building located?
The property is located at 115 North 3rd Wilmington, NC.
What is the lease rate?
The lease rate is $25.50 SF/Yr.
What are key features of this property?
This property features: ±50,765 SF Class‑A office building for lease in downtown Wilmington, NC; Corner location at N 3rd Street and Chestnut Street; Adjacent surface parking lot included with the lease for convenient parking access
(910) 899-6660 Call to check price and availability
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