5000 Market St, Wilmington, NC 28405-3430

This exceptional retail property, located at 5000 Market Street in Wilmington, North Carolina, offers a unique investment opportunity. The 6.33-acre site boasts three buildings totaling 91,637 square feet, situated on a high-traffic corridor averaging 35,000 vehicles daily. Currently, the property features six suites, with 38,549 square feet of vacant space available for lease. The minimum divisible space is 1,931 square feet, while a maximum of 38,549 contiguous square feet is available. This flexible space, previously occupied by Miller-Motte College, a regional technical college, can be leased as-is or converted to a "vanilla box" format to suit larger tenants' needs. The property's prime location on Market Street places it near major retailers such as Costco, Target, Walmart, and Academy Sports, ensuring high visibility and foot traffic. Built in 1972, the single-story buildings offer convenient access and ample space. The property's proximity to I-40, S. Kerr Avenue, and N. College Road further enhances its accessibility and desirability. This is an excellent opportunity to establish a presence in a thriving Wilmington retail market. The property is less than one mile from I-40 and strategically positioned between S. Kerr Ave. and N. College Road. Miller-Motte College, occupying approximately 41,400 square feet, remains a significant tenant on the property.