5041 New Centre Dr, Wilmington, NC 28403
Noncombustible two-story office building with abundant paved parking, updated elevator access, and handicap-accessible restrooms.
- Added:
- May 29, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 6 at 4:04 am
Property Features for 5041 New Centre Dr
General Information
- Standard status
- Active
- Size
- 30,722 SF
- Property subtype
- Retail
Listing agent Gwen (Page) Hawley License #NC
Listing office Intracoastal Realty Corp
Listing date May 29, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Intracoastal Realty Corp
HighLights
- Noncombustible two‑story office building with steel beams and concrete construction, fireproof sheetrock
- Over a two‑acre maintained site with abundant paved parking and mature landscaping
- Updated elevator plus wide stairwell access with landing
- Male and female restrooms on both floors with handicap access
- On‑site staff maintains the building daily; LED lighting throughout
- Rooftop HVAC includes I wave cold plasma generators; fiber optic cable installed throughout the building
Overview
The property sits on an approximately two-acre maintained site with mature landscaping and an abundance of paved parking. It is located in central Wilmington near South College Road and Market Street, with easy access to downtown, Wrightsville Beach, and I-40.
With tenants in place on annual leases, this building may fit buyers looking for a managed, operational office asset with established in-building infrastructure. The mix of elevator and stair access, along with handicap-accessible restrooms on both floors, supports a practical, tenant-friendly layout for a range of office users.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8760887
- Latitude
- 34.239706
