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Freestanding Office Building
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5505 Business Dr, Wilmington, NC 28405

Freestanding office building with reception, conference room, training classrooms, and ample on-site parking, with space subdividable.

Property Size5,500 SF
Lot Size1.24 Acres
Days on Market124

Property Features for 5505 Business Dr

General Information

Standard status Active
Size 5,500 SF
Lot size 1.24 Acres
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Contiguous Space 5,500 SF
Divisible Yes
Space Use Office
Private Offices 19
Meeting Rooms 1

Additional Details

Highway Access Yes

Building Details

Building Size 5,500 SF
Parking Ratio 6.5 per 1,000 SF
Listing Agency: Cape Fear Commercial, LLC
Listed By: Hae Ellis
Source: Moodyscre
Added: Mar 30 Changed: Jul 29 Last Checked: Jul 30 at 10:44AM

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.

Freestanding 5,500 SF office building on 1.24 acres offering a layout with 19 private offices, a large reception area, a conference room, kitchen, and four bathrooms. The space also includes two large, open training/classrooms, making it well-suited for teams that need dedicated meeting and instructional space. The space can be subdivided, and upfit is negotiable.

The property is strategically located off N. College/Interstate 40.

Parking is available at an ample rate of 6.5 spaces per 1,000 square feet, supporting practical day-to-day access for employees and visitors.

Key Highlights

  • Free‑standing 5,500 SF office building on 1.24 acres
  • Office layout includes 19 private offices, large reception, kitchen, and conference room
  • Training/classroom space features 2 large, open training/classrooms

Property Analytics

Current Use

Home Care Management ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Parts Store Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building with reception, conference room, training classrooms, and ample on-site parking, with space subdividable.
Where is this office building located?
The property is located at 5505 Business Dr Wilmington, NC.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Free‑standing 5,500 SF office building on 1.24 acres; Office layout includes 19 private offices, large reception, kitchen, and conference room; Training/classroom space features 2 large, open training/classrooms
(910) 232-4744 Call to check price and availability
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