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Rare City Block for Lease
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1507 Greenfield St, Wilmington, NC 28401

City block near downtown Wilmington with two buildings and parking.

Space Size3,554 SF - 4,747 SF
Property Size8,301 SF
Lot Size3.00 Acres
Days on Market149

Property Features for 1507 Greenfield St

General Information

Standard status Active
Size 3,554 SF - 4,747 SF
Total Parking Spaces 150
Lot size 3.00 Acres
Property subtype Retail, Office, Industrial
Lease Type NNN

Building Details

Building Size 8,301 SF
Tenancy Multiple

Spaces For Lease

at 1507 Greenfield St Contact us

Building 1

Size
3,554 SF
Type
Industrial, Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Building 2

Size
4,747 SF
Type
Industrial, Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: South Atlantic Sites
Listed By: Payton Reid · License #324807
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Aug 10 at 4:11PM

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 South Atlantic Sites

Investment Insights

Based on property information with market context.

This is a rare opportunity to lease an entire city block situated at the signalized intersection of 16th Street and Greenfield Street, which experiences over 20,000 vehicles per day. The property is located just south of Downtown Wilmington and near Novant Hospital, which employs over 2,000 individuals. It is also adjacent to the South Front District and Greenfield Lake Amphitheater. The property spans 3.00 acres and includes two brick buildings. The first building comprises 4,747 square feet and features 4 garage bays along with warehouse space. The second building offers 3,554 square feet, containing several offices and storage areas. Combined, the two buildings total 8,301 square feet. The entire lot is secured by perimeter fencing and provides over 150 parking spaces. The buildings can be leased separately or together.

Key Highlights

  • Rare opportunity to lease an entire city block.
  • Located at a signalized intersection with high traffic volume (over 20,000 VPD).
  • Proximity to Novant Hospital (2,000+ employees) and Downtown Wilmington.

Property Analytics

Current Use

HHS Annex County Government Office Pandemic Operations Center Medical Laboratory

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service Carpet & Flooring Store Home Appliance Store

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
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

787
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - City block near downtown Wilmington with two buildings and parking.
Where is this mixed-use property located?
The property is located at 1507 Greenfield St Wilmington, NC.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: Rare opportunity to lease an entire city block.; Located at a signalized intersection with high traffic volume (over 20,000 VPD).; Proximity to Novant Hospital (2,000+ employees) and Downtown Wilmington.
More about this property
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