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Industrial Space Near Interstate 140
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US-421, Wilmington, NC 28401

152,887 SF industrial building in Wilmington Trade Center.

Property Size152,887 SF
Lot Size186.90 Acres
Days on Market339

Property Features for US-421

General Information

Standard status Active
Size 152,887 SF
Lot size 186.90 Acres
Property subtype INDUSTRIAL
Listing Agency: Cape Fear Commercial, LLC
Listed By: Will Leonard, SIOR
Source: Moodyscre
Added: Aug 26, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:26AM

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.

Wilmington Trade Center - Building 4 is located on Highway 421, one mile from Interstate 140. This location provides access to the eastern seaboard of North and South Carolina, with direct access to Interstate 40 to Raleigh, Interstate 74 to Charlotte, and Highway 17 to Myrtle Beach. The park offers access to Downtown Wilmington (4.2 miles), Wilmington International Airport (6.7 miles) and the Port of Wilmington (8.7 miles). Upon completion of all phases, Wilmington Trade Center will span 212 acres and encompass nearly 3.3 million square feet. Building 4 is a 152,887 square foot rear-load facility featuring tilt-up concrete construction, a 32’ minimum clear height, an ESFR sprinkler system, 50’ x 52’ column spacing, a 180’ truck court, up to 44 dock-high loading positions, and LED lighting. Construction will continue with Building 4, which is currently slated for delivery in Q1 2026.

Key Highlights

  • Strategic location on Highway 421, one mile from Interstate 140, providing unmatched connectivity to the eastern seaboard.
  • Flexible layouts available from 22,000 to 1,000,000 square feet with options to subdivide.
  • New construction: Building 4, a 152,887 SF rearload facility slated for delivery in Q1 2026.

Property Analytics

Current Use

Warehouses

Lease Details

NNN (Triple Net)
Lease Type
$1.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Warehouse - 152,887 SF industrial building in Wilmington Trade Center.
Where is this warehouse located?
The property is located at US-421 Wilmington, NC.
What is the lease rate?
The lease rate is $8.95 SF/Yr.
What are key features of this property?
This property features: Strategic location on Highway 421, one mile from Interstate 140, providing unmatched connectivity to the eastern seaboard.; Flexible layouts available from 22,000 to 1,000,000 square feet with options to subdivide.; New construction: **Building 4, a 152,887 SF rearload facility slated for delivery in Q1 2026.**
(910) 233-5351 Call to check price and availability
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