Renovated Office/Retail Space
For Lease
Contact for pricing
5 S Water St, Wilmington, NC 28401
Move-in ready office/retail space with waterfront view in CBD.
Space Size2,150 SF
Property Size9,168 SF
Days on Market1468
Property Features for 5 S Water St
General Information
Standard status
Active
Size
2,150 SF
Class
B
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
9,168 SF
Year Built
1890
Tenancy
Multiple
Spaces For Lease
at 5 S Water St Contact us- Size
- 2,150 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite B
- Size
- 2,150 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite A
Listing Agency:
SVN | Efird Commercial Real Estate
(910) 200-0037
Listed By:
Frank Efird Jr. · License #NC C30323
Source:
Crexi
Added: Aug 9, 2022
Changed: Aug 14
Last Checked: Aug 14 at 5:58AM
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 SVN | Efird Commercial Real Estate
Investment Insights
Based on property information with market context.
This property features freshly renovated spaces on the second floor, situated in the central business district with a waterfront view. The spaces are move-in ready and feature hardwood floors and an open floor plan. Each space includes one bathroom and storage closets. The property has metered electrical service, and common water and sewer. It is pre-wired for cable and phone. The property is suitable for office or retail use.
Key Highlights
- Freshly renovated spaces in CBD.
- Enjoy the waterfront view.
- Move‑in ready condition.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,461
Businesses Nearby
Explore this area
Business Placement
Demographics for 28401, NC
22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
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 63% 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 - Move-in ready office/retail space with waterfront view in CBD.
Where is this office units located?
The property is located at 5 S Water St Wilmington, NC.
What is the lease rate?
The lease rate is $19.20 SF/Yr.
What are key features of this property?
This property features: Freshly renovated spaces in CBD.; Enjoy the waterfront view.; Move‑in ready condition.
