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Office/Flex Industrial Space
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18 Covil Avenue, Wilmington, NC 28403

Lease a 4,800 SF office/flex space with a showroom, two private offices, and dock-high roll-up loading.

Space Size4,800 SF
Days on Market121

Property Features for 18 Covil Avenue

General Information

Standard status Active
Size 4,800 SF
Property subtype Retail, Office, Industrial

Additional Details

Dock-High Doors 1

Building Details

Building Size 4,800 SF
Tenancy Single

Spaces For Lease

at 18 Covil Avenue Contact us

Suite 1

Size
4,800 SF
Type
Industrial, Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Cape Fear Commercial
Listed By: Jason McLeod · License #NC 201401
Source: Crexi
Added: Apr 24 Changed: Aug 14 Last Checked: Aug 21 at 8:19AM

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

Investment Insights

Based on property information with market context.

Available for lease is an office/flex/industrial space offering a small showroom and two private offices, paired with ample warehouse/workspace. The layout also includes a roll-up door with dock-high loading to support day-to-day operations.

The property is positioned at a prominent, high-traffic intersection with convenient access to major market hubs, providing strong visibility for visiting customers and deliveries.

This is a versatile space configured to accommodate businesses looking for a functional combination of office and warehouse use within one facility.

Key Highlights

  • 4,800 SF office/flex/industrial space available for lease
  • Includes a small showroom and two private offices
  • Ample warehouse workspace for operational needs

Property Analytics

Current Use

Anchor Hardwoods Big Box & Wholesale Store Riverwood Custom Tops Furniture & Home Goods

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Auto Parts Store Cafe & Coffee Shop 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

1
Dock-high doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Wilmington, NC

$20.63 /SF/Yr
Avg Asking Price
$18.43–$23.54 /SF/Yr
Price Range
12,745 SF
Avg Space Size

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
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Similar Off Market Nearby

  • Musser Seafood & Barbecue 4240 Market St, Wilmington, NC 28403

Frequently Asked Questions

What type of property is this?
Flex space - Lease a 4,800 SF office/flex space with a showroom, two private offices, and dock-high roll-up loading.
Where is this flex space located?
The property is located at 18 Covil Avenue Wilmington, NC.
What are key features of this property?
This property features: 4,800 SF office/flex/industrial space available for lease; Includes a small showroom and two private offices; Ample warehouse workspace for operational needs
(910) 344-1000 Call to check price and availability
More about this property
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