Listing Agency: Marcus & Millichap - San Diego a***@marcusmillichap.com Show Phone

Listed By: Alvin Mansour · License #TX 0606255

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:17AM

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Investment Insights

Based on property information with market context.

This manufacturing property is offered under an absolute net lease structure with annual increases. The asset is located at 150 Division Dr in Wilmington, North Carolina 28401.

Key Highlights

• Absolute net lease structure
• Annual lease increases
• 150 Division Dr, Wilmington, NC 28401

Property Analytics

Property Profile

Current Use

Custom Metal Products Production Facility

Suggested Use

Top Pick Hair Salon Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

196

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

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

Questions? Ask Rey

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What type of property is this? Where is this manufacturing properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Manufacturing facility offered with an absolute net lease structure and annual increases.

Where is this manufacturing property located?

The property is located at 150 Division Dr Wilmington, NC.

What are key features of this property?

This property features: Absolute net lease structure; Annual lease increases; 150 Division Dr, Wilmington, NC 28401