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    8115 Market St Wilmington, NC 28411

    Sponsored
    For Lease
    $24 SF/Yr

    Wilmington, NC Office Space Available

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This premier three-story, 60,000-square-foot Class A office condominium building in Wilmington, NC's desirable Porters Neck submarket offers exceptional visibility and accessibility. Located at 8115 Market Street, it boasts direct access and proximity to Bayshore Commons Shopping Center, ensuring high traffic flow. The building, constructed in 2006, features a modern design by architect Michael Kersting, including three stairwells and two elevators servicing all three floors. Ample parking is provided with approximately 238 spaces. The property is zoned B-2 within New Hanover County and has an estimated annual TICAM of $3.75 per square foot. Currently, the building houses a strong tenant roster including Medac, EmergeOrtho, and Benjamin Friberg, DDS, PLLC. Flexible lease and purchase options are available, with a minimum divisible space of 3,449 square feet and a maximum contiguous space of 7,523 square feet. A total of 15,874 square feet is currently vacant. One specific unit, Space 2C-X, is available for purchase at $595,000. The property sits on a 3.9-acre lot.

    Property Features for 8115 Market St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Class
    A
    Total Rate
    120000

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    2C-X
    Size
    3,449 SF
    Rate per SF
    $24

    HighLights

    • 60,000 SF, three‑story Class A office condominium in Wilmington, NC's Porters Neck submarket.
    • Excellent Market Street visibility with direct access and proximity to Bayshore Commons Shopping Center.
    • B‑2 zoning in New Hanover County.
    • Estimated annual TICAM of $3.75/SF.
    • Strong tenant roster including Medac, EmergeOrtho, and Benjamin Friberg, DDS.
    • 2006 construction featuring a modern design, three stairwells, two elevators, and 238 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Connect(x) HealthWare Software Company Talley Brian C ... Dentist Provis Media Internet Marketing Service Medac Urgent Care ... Urgent Care Center Thrive Family Dental Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.794495002125
    Latitude
    34.296338786164

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    FAQs

    What type of property is this?
    Medical office - Wilmington, NC Office Space Available
    Where is this medical office located?
    The property is located at 8115 Market St Wilmington, NC.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 60,000 SF, three-story Class A office condominium in Wilmington, NC's Porters Neck submarket.; Excellent Market Street visibility with direct access and proximity to Bayshore Commons Shopping Center.; B-2 zoning in New Hanover County.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8115 Market St Wilmington, NC 28411
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