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    3408 Wilshire Blvd Wilmington, NC 28403

    Sponsored
    For Lease
    $20 SF/Yr ($19,250 /Mo)

    Prime Office, 3,863+ SF Available

    Lot size:
    11,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    3408 Wilshire Blvd, Wilmington, NC presents a fantastic opportunity for businesses seeking a well-located office space. This single-story, 11,550 square foot building, constructed in 1985, is situated on a 0.85-acre lot in the Midtown submarket, offering excellent visibility and accessibility. The property features a traditional office layout, currently offering 3,863 square feet of vacant space suitable for multiple tenants. Its convenient location in central Wilmington provides easy access to downtown Wilmington, a mix of residential areas, local businesses, and retail establishments, ensuring high traffic and visibility. The proximity to shopping centers, restaurants, and a variety of professional services caters to a diverse clientele. Furthermore, its close proximity to the University of North Carolina Wilmington (UNCW) makes it an attractive location for businesses targeting both the student population and the broader community. Ample parking is available, adding to the overall convenience and appeal. The property is zoned O&I and its APN is 3137-24-4107.000. This is an exceptional opportunity to establish a presence in a thriving and dynamic area of Wilmington. The cross street is Wrightsville Ave.

    Property Features for 3408 Wilshire Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,550 SF
    Total Rate
    19250

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 100
    Size
    3,863 SF
    Rate per SF
    $20

    HighLights

    • 11,550 SF office building on a 0.85‑acre lot in Wilmington, NC's Midtown submarket.
    • 3,863 SF of vacant space available for lease.
    • Single‑story building constructed in 1985.
    • Located near Wrightsville Ave, offering excellent accessibility and visibility.
    • O&I zoning.
    • Property features ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    AssistedCare At Home Home Health Care Service Kathleen Godsey Social Worker Eldercare At Home Home Health Care Service Hire Quest Direct Employment Agency Dr. Karen Kinney Emergency Care Physician

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -77.900389209609
    Latitude
    34.22387512938

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    FAQs

    What type of property is this?
    Office space - Prime Office, 3,863+ SF Available
    Where is this office space located?
    The property is located at 3408 Wilshire Blvd Wilmington, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 11,550 SF office building on a 0.85-acre lot in Wilmington, NC's Midtown submarket.; 3,863 SF of vacant space available for lease.; Single-story building constructed in 1985.
    Request Owner's contact information
    3408 Wilshire Blvd Wilmington, NC 28403
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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
    3408 Wilshire Blvd Wilmington, NC 28403
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