3940 Us-421 Wilmington, NC 28401
- Warehouses
- 100,081 SF
Current Use by Public Records
- Warehouses
Property Details for 3940 Us-421
- Year built
- 2024
- Property size
- 100,081 SF
- Property type
- Warehouses
- Property subtype
- Life science properties
Description
This exceptional Class A industrial property, situated at 3940 US-421 in Wilmington, NC, offers 100,081 square feet of versatile flex space, ideal for warehouse, distribution, manufacturing, or R&D operations. Currently under construction with a projected completion date in the first or second quarter of 2025, this single-story building boasts a 32-foot ceiling height, providing ample vertical clearance. Twelve loading docks and twelve dock-high doors ensure efficient material handling, complemented by two drive-in doors and 97 total parking spaces. The 7.85-acre lot is zoned I-2, offering significant expansion potential. Its strategic location provides easy access to major transportation arteries, including Highway 421, I-140, I-40, and Highways 74/76, facilitating seamless logistics and distribution. The space is divisible to accommodate various tenant needs, and rental rates are negotiable based on lease terms and tenant improvements. This is the third building in the Wilmington Trade Center development, reflecting a commitment to continued growth in this thriving submarket (New Hanover Outlying, Hwy 421 cluster). The property's APN is 3200-82-9700.000. This is a rare opportunity to secure prime industrial space in a rapidly developing area of Wilmington.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Pender
- State
- North Carolina
- Longitude
- -77.9786
- Latitude
- 34.3029
