Market Street Retail/Office
For Lease
Contact for pricing
2705 Market St, Wilmington, NC 28403
Retail and office spaces available in high-visibility Market St corridor.
Space Size5,933 SF
Property Size11,652 SF
Days on Market151
Property Features for 2705 Market St
General Information
Standard status
Active
Size
5,933 SF
Class
B
Total Parking Spaces
45
Property subtype
Office, Special Purpose
Lease Type
Modified Gross
Building Details
Building Size
11,652 SF
Year Built
1922
Tenancy
Multiple
Spaces For Lease
at 2705 Market St Contact us- Type
- Office, Special Purpose
- Lease Type
- Modified Gross
- Availability
- Active
Ground Floor Space
- Size
- 5,933 SF
- Type
- Office, Special Purpose
- Lease Type
- Modified Gross
- Availability
- Active
Second Floor Space
Listing Agency:
Nest Realty Wilmington
(910) 367-2253
Listed By:
Eric Knight · License #NC 278908
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 8 at 2:43PM
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 Wilmington
Investment Insights
Based on property information with market context.
The Market Exchange offers spaces ranging from approximately 1,770 to 11,652 rentable square feet for retail and office use. This adaptive reuse project is located in the Market Street corridor. The ground floor can be divided into one to three units. The second floor provides approximately 5,933 rentable square feet of open office space. An additional wired storage space of approximately 1,860 square feet at the rear of the building is available for lease to any tenant at an additional rate or to a separate user. The spaces will be delivered as a warm vanilla shell, with completion expected between the end of Q1 and the beginning of Q2 2026.
Key Highlights
- Highly visible location on Market St. corridor
- Adaptive reuse project offering retail and office space
- Flexible space options ranging from +/- 1,770 to 11,652 rsf
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,019
Businesses Nearby
Explore this area
Business Placement
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
$51.85 /SF/Yr
Avg Asking Price
$19.44–$288 /SF/Yr
Price Range
6,227 SF
Avg Space Size
This space is priced 54% below the average of $51.85 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Retail and office spaces available in high-visibility Market St corridor.
Where is this office units located?
The property is located at 2705 Market St Wilmington, NC.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Highly visible location on Market St. corridor; Adaptive reuse project offering retail and office space; Flexible space options ranging from +/- 1,770 to 11,652 rsf
