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1638 Military Cutoff, Wilmington, NC 28403

The suite combines private offices, meeting rooms, collaborative areas, and shared parking.

Space Size5,157 SF
Days on Market3

Property Features for 1638 Military Cutoff

General Information

Standard status Active
Size 5,157 SF
Net Rentable 5,157 SF
Property subtype OFFICE
Lease Type NNN

Space & Availability

Available Space 5,157 SF
Contiguous Space 5,157 SF
Floor Ground Floor
Space Use Office
Sublease No
Private Offices 10
Meeting Rooms 3

Lease Terms

Lease Rate $25 /USD/SF/YR
Monthly Rent $10,743
Rent per SF/Year $25

Spaces For Lease

at 1638 Military Cutoff
5,157 SF Ground-Floor Office | Military Cutoff Road $25/SF/Yr
Size 5,157 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
Excellent opportunity to lease 5,157 SF of ground-floor professional office space along Wilmington's highly desirable Military Cutoff Road corridor. The existing layout features 10 private offices, 3 spacious conference rooms, open collaborative work areas, a dedicated reception area, break areas, and multiple restrooms. Floor plan is attached for reference. The property offers shared parking and is entering an exciting new chapter under new ownership. Planned property enhancements include the removal of the existing warehouse structure to create an inviting landscaped courtyard for tenant enjoyment. Additional exterior improvements are also being considered to enhance the building's overall appearance, curb appeal, and experience for tenants and visitors alike. This space is ideal for an established professional services firm, therapy practice, corporate office, or similar office user seeking a substantial presence in a convenient Wilmington location. Offered at $25 PSF + NNN expenses and tenant's proportionate share of utilities.
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Listing Agency: Nest Realty
Listed By: Julie Carpenter
Source: Moodyscre
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:26PM

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 Nest Realty

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Investment Insights

Based on property information with market context.

This 5,157-square-foot ground-floor office suite has 10 private offices, 3 conference rooms, open collaborative areas, a reception area, break areas, and multiple restrooms. Shared parking serves the property.

Plans call for removing the existing warehouse structure to create a landscaped courtyard for tenants. Other exterior improvements are also under consideration.

Key Highlights

  • 5,157 SF of ground‑floor office space
  • 10 private offices and 3 conference rooms
  • Open collaborative areas, reception, break areas, and multiple restrooms

Property Analytics

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Current Use

Financial Data Systems Financial Advisor Coastal Speech Therapy ... Physician Surf Art Gallery Art Gallery Advantage Therapy & Rehabilitation Physician Board Retailer Association Association Or Organization

Suggested Use

Top Pick Auto Repair Shop Daycare Center Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Wilmington, NC

$56.58 /SF/Yr
Avg Asking Price
$16.12–$288 /SF/Yr
Price Range
5,691 SF
Avg Space Size

This space is priced 56% below the average of $56.58 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office units - The suite combines private offices, meeting rooms, collaborative areas, and shared parking.
Where is this office units located?
The property is located at 1638 Military Cutoff Wilmington, NC.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 5,157 SF of ground‑floor office space; 10 private offices and 3 conference rooms; Open collaborative areas, reception, break areas, and multiple restrooms
(910) 471-9411 Call to check price and availability
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