Sublease Opportunity on Market
For Lease
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5000 Market St, Wilmington, NC
Sublease available through March 31, 2033, on highly trafficked Market Street.
Space Size1,931 SF - 41,360 SF
Lot Size6.00 Acres
Days on Market428
Property Features for 5000 Market St
General Information
Standard status
Active
Size
1,931 SF - 41,360 SF
Lot size
6.00 Acres
Property subtype
RETAIL
Spaces For Lease
at 5000 Market St Contact us- Floor
- 1st
- Size
- 1,931 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
5000 Market Street, Wilmington, NC $27/SF/Yr
Unlock the potential of one of Wilmington’s most visible and valuable commercial...
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- Size
- 41,360 SF
- Type
- RETAIL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE
For Sublease: Up To +/- 41,360 SF Office Space $10 – $12/SF/Yr
Miller-Motte sublease available through March 31, 2033. The property is located at...
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Listing Agency:
Cape Fear Commercial, LLC
(910) 508-4615
Listed By:
Lindsey Hess · License #265149
(910) 508-4615
Source:
Moodyscre
Added: Jun 11, 2025
Changed: Aug 8
Last Checked: May 20 at 9:31PM
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, LLC
Investment Insights
Based on property information with market context.
A sublease opportunity is available through March 31, 2033. The property, previously used as a vocational and trade school, features a mix of classrooms and private offices, as well as large conference and training rooms. The space totals 41,360 square feet. It is located at the signalized intersection of Market Street and Lullwater Drive, which experiences approximately 50,000 vehicles per day along Market Street. The property offers visibility and the opportunity for building and road front monument signage.
Key Highlights
- High traffic location at a signalized intersection (50,000 VPD on Market Street).
- Sublease available through March 31, 2033.
- Existing upfit includes classrooms of multiple sizes.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for Wilmington, NC
$31.25 /SF/Yr
Avg Asking Price
$21.33–$41.9 /SF/Yr
Price Range
8,655 SF
Avg Space Size
This space is priced 14% below the average of $31.25 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Sublease available through March 31, 2033, on highly trafficked Market Street.
Where is this retail space located?
The property is located at 5000 Market St Wilmington, NC.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: High traffic location at a signalized intersection (50,000 VPD on Market Street).; Sublease available through March 31, 2033.; Existing upfit includes classrooms of multiple sizes.
