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Cold Storage Distribution Facility
For Lease
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298 N Corporate Dr, Wilmington, NC 28401

Fully racked cold storage facility with three cold rooms, 45 dock doors, and 50' clear ceilings.

Property Size288,174 SF
Lot Size28.16 Acres
Days on Market913

Property Features for 298 N Corporate Dr

General Information

Standard status Active
Size 288,174 SF
Lot size 28.16 Acres
Property subtype INDUSTRIAL
Lease Type SF/yr

Warehouse & Industrial

Clear Height 50 ft
Dock-High Doors 45

Additional Details

Fenced Yard Yes

Amenities

LED motion lighting
fenced
lit
secured
54 reefer plugs with 11 on dock
locker room
high-speed freezer & cooler doors
maintenance room
guardshack
server room
Listing Agency: Cape Fear Commercial, LLC
Listed By: F. Spruill Thompson, SIOR · License #1538209
Source: Moodyscre
Added: Feb 1, 2024 Changed: Jul 28 Last Checked: Aug 1 at 1:56PM

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.

Cold storage distribution facility available for sublease featuring fully racked storage and three cold rooms. The building includes multi-temperature chambers with ranges of 10–57°F, plus high-speed freezer and cooler doors. Operational features include +400 PP blast-freezing capability, 45 dock doors with automated door locks, and a 230' truck court with 45 trailer stalls, supported by 54 reefer plugs (11 on dock). Additional onsite components include a 10,000 SF office, a fenced, lit, and secured yard, and powered LED motion lighting.

Located in Wilmington, NC, with Port of Wilmington approximately 13 miles away. The property is also described as reaching 80 million consumers within one day and 225 million consumers within two days.

Key Highlights

  • 288,174 SF divisible cold storage facility available for sublease on 128.16 acres
  • 50' clear ceilings with fully racked storage and 3 cold rooms (multi‑temperature chambers 10–57°F)
  • 45 dock doors with automated door locks plus +400 PP blast‑freezing capability

Property Analytics

Current Use

Maersk Warehousing and Distribution ... Warehouse & Storage

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

50 ft
Clear height
45
Dock-high doors
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

335
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Fully racked cold storage facility with three cold rooms, 45 dock doors, and 50' clear ceilings.
Where is this distribution center located?
The property is located at 298 N Corporate Dr Wilmington, NC.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 288,174 SF divisible cold storage facility available for sublease on 128.16 acres; 50' clear ceilings with fully racked storage and 3 cold rooms (multi‑temperature chambers 10–57°F); 45 dock doors with automated door locks plus +400 PP blast‑freezing capability
(910) 431-8280 Call to check price and availability
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