Mixed-Use Retail Office
For Lease
Contact for pricing
2705 Market St, Wilmington, NC 28403
Ground-floor retail can be demised into one to three units, with open office space on the second floor.
Space Size11,652 SF
Days on Market229
Property Features for 2705 Market St
General Information
Standard status
Active
Size
11,652 SF
Property subtype
RETAIL
Lease Type
Modified Gross
Site & Location
Neighborhood
Chestnut Heights / Princess Place
Building Details
Stories
2
Tenancy
Multi
Spaces For Lease
at 2705 Market St
The Market Exchange
$14 – $18/SF/Yr
Size
11,652 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Sublease
Yes
Presenting The Market Exchange, offering +/- 1,770 to 11,652 rsf of retail space in the highly visible Market St. corridor. This thoughtfully designed adaptive reuse project offers a diverse range of space options to fit a variety of needs. The ground floor can be demised into one to three units, while the second floor will encompass 5,933 rsf.
An additional +/-1,860 sf. of wired storage space at the rear of the building is available for any future tenant at an additional rate or can be leased by a separate user.
Contact us
Listing Agency:
Nest Realty
(910) 550-2788
Listed By:
Eric Knight · License #278908
(910) 367-2253
Source:
Moodyscre
Added: Mar 18
Changed: Oct 26
Last Checked: Oct 30 at 6:21PM
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.
The Market Exchange is an adaptive reuse property offering approximately 1,770 to 11,652 RSF of retail and office space. The ground floor can be demised into one to three units, providing flexible options for multiple tenants. The second floor includes approximately 5,933 RSF of open office space. Wired storage space of approximately 1,860 SF is also available at the rear of the building, either at an additional rate for future tenants or leased by a separate user.
The building is positioned in the highly visible Market St. corridor, supporting day-to-day customer and tenant traffic.
Overall, the configuration supports a mix of street-level retail and larger open-plan office space, with the option to add rear wired storage as needed.
The building is positioned in the highly visible Market St. corridor, supporting day-to-day customer and tenant traffic.
Overall, the configuration supports a mix of street-level retail and larger open-plan office space, with the option to add rear wired storage as needed.
Key Highlights
- +/- 1,770 to 11,652 RSF retail and office space in the Market St. corridor
- Ground floor retail can be demised into one to three units
- Second floor features 5,933 RSF of open office space
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
414
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Wilmington, NC
$61.37 /SF/Yr
Avg Asking Price
$16.12–$288 /SF/Yr
Price Range
5,539 SF
Avg Space Size
This space is priced 77% below the average of $61.37 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-floor retail can be demised into one to three units, with open office space on the second floor.
Where is this office unit located?
The property is located at 2705 Market St Wilmington, NC.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: +/- 1,770 to 11,652 RSF retail and office space in the Market St. corridor; Ground floor retail can be demised into one to three units; Second floor features 5,933 RSF of open office space
