1508 Military Cutoff Road Suite 202 Wilmington, NC 28405
Newly renovated Class A suite with reception, break area, six private offices, and an open/cubicle work area.
Property Features for 1508 Military Cutoff Road Suite 202
General Information
- Standard status
- Active
- Size
- 3,375 SF
- Property subtype
- Office
Listing office Cape Fear Commercial
Listing date Jul 11, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Located at 1508 Military Cutoff Road in Suite 202, the offering is positioned within the Landfall/Mayfaire submarket.
Key Highlights
- 3,375 rentable SF newly renovated Class A office space in the Landfall/Mayfaire submarket
- Suite includes a reception/waiting area plus a break area
- Six (6) private offices, a large conference room, and a large work room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.5k | $20.88 |
| − Vacancy | −$13.3k | −$3.95 |
| EGI | $57.2k | $16.93 |
| − OpEx | −$14.3k | −$4.23 |
| NOI | $42.9k | $12.70 |
