Wilmington Office Building For Sale

5041 New Ctr Dr, Wilmington, NC

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For Sale

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Two-story office building in Wilmington with ample parking.

Type:OFFICE

Property size:

30,722 SF

Lot size:

2.24 Acres

Price / SF:

$227/SF

HighLights

Prime location in the heart of Wilmington, with easy access to South College Rd, Market Street, downtown, Wrightsville Beach, and I‑40.
Noncombustible steel and concrete construction with fireproof sheetrock.
Over two‑acre maintained site with ample paved parking and mature landscaping.
Updated elevator and wide stairwell access.
LED lighting and I wave cold plasma generators installed in rooftop air conditioning units.
Fiber optic cable in entire building.

We can help!

Listing Contact

Gwen Hawley

For Sale

Contact for pricing

Two-story office building in Wilmington with ample parking.

Type:OFFICE

Property size:

30,722 SF

Lot size:

2.24 Acres

Price / SF:

$227/SF

Added:: Sep 10, 2025
Days on Market:: 274
Last Refresh:: May 20 at 9:08 pm

Property Features for 5041 New Ctr Dr

General Information

Standard status: Active
Size: 30,722 SF
Lot size: 2.24 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Gwen Hawley

Listing agent Gwen Hawley License #77787

Listing office Intracoastal Realty Corp

Listing date Sep 10, 2025

Source Moodyscre

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 Intracoastal Realty Corp

HighLights

Prime location in the heart of Wilmington, with easy access to South College Rd, Market Street, downtown, Wrightsville Beach, and I‑40.
Noncombustible steel and concrete construction with fireproof sheetrock.
Over two‑acre maintained site with ample paved parking and mature landscaping.
Updated elevator and wide stairwell access.
LED lighting and I wave cold plasma generators installed in rooftop air conditioning units.
Fiber optic cable in entire building.

Overview

Located in Wilmington, this two-story office building offers proximity to South College Rd, Market Street, downtown, Wrightsville Beach, and I-40. The property features a maintained site spanning over two acres, complete with ample paved parking and mature landscaping. Constructed with noncombustible materials, the building incorporates steel beams, concrete, and fireproof sheetrock. An updated elevator provides access to the second floor, supplemented by a wide stairwell with a landing. Bathrooms are available on both floors, including handicap access. On-site staff maintain the building daily. The building is equipped with LED lighting and I wave cold plasma generators installed in rooftop air conditioning units. Fiber optic cable is installed throughout the building. Tenants are currently in place on annual leases. The building size is 30,722 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$641.5k	$20.88
− Vacancy	−$121.2k	−$3.95
EGI	$520.2k	$16.93
− OpEx	−$130.1k	−$4.23
NOI	$390.2k	$12.70

30,722 SF · lease $20.88/SF/yr · vacancy 18.90% · expense 25.00%

Alternative Uses

Best Use

Office B

$5.57M

$4.88M – $6.50M (±1% cap)

NOI $390,177 @ 7.0% cap · market cap 5.57%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$376.17M

$329.15M – $438.87M (±1% cap)

NOI $26,332,102 @ 7.0% cap · market cap 376.17%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

PS Solutions (Bike/Boat/Book/etc) Store Cape Fear Volunteer ... Volunteer Organization Magnet ABA Therapy ... Pediatrician Wilmington Adult Medicine: ... Physician Heir Media Media Distribution

Suggested Use

Location Insight

Map
Local Demand

City: Wilmington
County: New Hanover
State: North Carolina
Longitude: -77.8761
Latitude: 34.2397

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What type of property is this?

Office building - Two-story office building in Wilmington with ample parking.

Where is this office building located?

The property is located at 5041 New Ctr Dr Wilmington, NC.

What is the asking price?

The asking price for this property is $7,000,000.

What are key features of this property?

This property features: Prime location in the heart of Wilmington, with easy access to South College Rd, Market Street, downtown, Wrightsville Beach, and I‑40.; Noncombustible steel and concrete construction with fireproof sheetrock.; Over two‑acre maintained site with ample paved parking and mature landscaping.

5041 New Ctr Dr, Wilmington, NC

Two-story office building in Wilmington with ample parking.

Property Features for 5041 New Ctr Dr

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Restaurant Facility on Market

Turnkey Wilmington Multifamily Investment Opportunity

Adaptable Commercial Property in Wilmington

Wilmington Multifamily Investment Opportunity

Wilmington Duplex: Investment Opportunity

Wilmington Duplex: Investment Opportunity

Duplex Portfolio with Fenced Yards

Wilmington Duplexes: Investment Opportunity

Historic District Duplex Opportunity

Historic Downtown Wilmington Triplex Investment

Historic Downtown Wilmington Home

Wilmington Four-Unit Income Property

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