Wilmington, NC Commercial Real Estate for Lease and Sale

Explore 91 listings of Wilmington commercial real estate to find the best space for your business.

2410/2411 Southall Dr, Wilmington, NC

2410/2411 Southall Dr, Wilmington, NC, Pine Valley, Wilmington, NC
Property

VacantLand
Availability

2 Spaces

263,102 SF
For Lease Contact for pricing
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Hops Supply Co.

5400 Oleander Dr, Pine Grove, Wilmington, NC
Property

Retail

8,444 SF
For Sale

$3,500,000
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311 S College Road

311 S College Road, College Acres, Wilmington, NC
Property

Retail

10,018 SF
Availability

3 Spaces

10,018 SF
For Lease

$19.50 - $25.00/SF/YR
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1930 Oleander Dr

1930 Oleander Dr, Carolina Place, Wilmington, NC
Property

Retail

19,415 SF
Availability

1 Space

17,500 SF
Year Built

1977
For Lease

$12,000.00/MO
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Office Coworking Retail Industrial

Office Retail Industrial Land
Hops Supply Co.

5400 Oleander Dr, Pine Grove, Wilmington, NC
Property

Retail

8,444 SF
Availability

1 Space

8,444 SF
For Lease

$20,000.00/YR
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5300 Ringo Dr

5300 Ringo Dr, New Center, Wilmington, NC
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease

$35.00/SF/YR
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1721 Allens Lane

1721 Allens Lane, Wrightsville Beach Town, Wilmington, NC
Property

Office

11,345 SF
Availability

1 Space

143 SF
For Lease

$850.00/MO
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Eastwood Rd & Rogersville Rd

Eastwood Rd, Parkside at Mayfaire, Wilmington, NC
Property

VacantLand

70.45 Acre
Availability

1 Space

3 Acre
For Lease

$62,500.00/MO
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225 Valencia Court

225 Valencia Court, Portwatch Industrial Park, Wilmington, NC
Property

VacantLand

1.45 Acre
For Sale

$850,000
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Watercraft Ferry Avenue MV-1

4027 Watercraft Ferry Avenue, Arrowhead, Wilmington, NC
Property

VacantLand

0.28 Acre
Year Built

2021
For Sale Contact for pricing
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4113 Oleander Drive #N

4113 Oleander Drive, Audubon, Wilmington, NC
Property

Retail

2,420 SF
For Sale

$825,000
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Watercraft Ferry Avenue MX-1D

Watercraft Ferry Avenue, Arrowhead, Wilmington, NC
Property

VacantLand

1.13 Acre
For Sale Contact for pricing
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Academy Sports Junior Box

0 Gingerwood Drive, New Center, Wilmington, NC
Property

Retail

20,000 SF
Availability

1 Space

20,000 SF
For Lease

$14.00 - $18.00/SF/YR
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1202 Market St

1202 Market St, Downtown Wilmington, Wilmington, NC
Property

Retail

5,782 SF
Availability

1 Space

5,782 SF
Year Built

1927
For Lease

$4,500.00/MO
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111 Princess St

111 Princess St, Downtown Wilmington, Wilmington, NC
Property

Office

3,032 SF
Availability

1 Space

3,023 SF
Year Built

1975
For Lease

$7,000.00/MO
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602 Red Cross St

602 Red Cross St, Downtown Wilmington, Wilmington, NC
Property

Retail

1,200 SF
Availability

1 Space

1,200 SF
Year Built

1954
For Lease

$30.00/SF/YR
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420 Raleigh St

420 Raleigh St, Landmark Industrial Park, Wilmington, NC
Property

Industrial

13,500 SF
Year Built

1999
For Sale

$3,265,000
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5000 Market Street

5000 Market Street, New Center, Wilmington, NC
Property

Retail

91,637 SF
Availability

3 Spaces

23,000 SF
Year Built

1972
For Lease

$10.00 - $12.00/SF/YR
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Autumn Hall Bldg 4

1202 Eastwood Rd, Autumn Hall, Wilmington, NC
Property

Office

34,000 SF
Availability

3 Spaces

33,042 SF
For Lease

$28.00 - $32.00/SF/YR
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Watercraft Ferry Avenue MX-1A

Watercraft Ferry Avenue, Arrowhead, Wilmington, NC
Property

VacantLand

4.87 Acre
For Sale Contact for pricing
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4607 Franklin Avenue

4607 Franklin Avenue, New Center, Wilmington, NC
Property

Retail

5,000 SF
Availability

1 Space

5,000 SF
For Lease

$20.00/SF/YR
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19 S 10th St

19 S 10th St, Downtown Wilmington, Wilmington, NC
Property

Retail

4,845 SF
For Sale

$1,950,000
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815 College Road

815 College Road, University of North Carolina Wilmington, Wilmington, NC
Property

Retail

117,346 SF
Availability

1 Space

555,390 SF
For Lease Contact for pricing
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5829 Greenville Loop Road

5829 Greenville Loop Road, Seagate, Wilmington, NC
Property

VacantLand

6.27 Acre
For Sale

$1,750,000
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415 S College Road

415 S College Road, College Acres, Wilmington, NC
Property

Retail

77,537 SF
Availability

1 Space

3,000 SF
For Lease

$18.00/SF/YR
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Lumina Commons

1994 Eastwood Road, Wrightsville Beach Town, Wilmington, NC
Property

Retail

80,772 SF
Availability

1 Space

2,259 SF
Year Built

1974
For Lease Contact for pricing
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404 North 3rd Street
Double Eagle Flex Space
404 North 3rd Street, Wilmington, NC
Services

Meeting Room

Private Office
Amenities

24/7 security

High-speed internet

Kitchen

Mail services

Parking
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3907 Wrightsville Ave

3907 Wrightsville Ave, Devon Park, Wilmington, NC
Property

Office

3,013 SF
Availability

1 Space

1,300 SF
For Lease

$30.00/SF/YR
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13 Wright St

13 Wright St, Dry Pond, Wilmington, NC
Property

Industrial

31,387 SF
Availability

1 Space

31,250 SF
Year Built

1950
For Lease

$19,500.00/MO
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4510 Oleander Dr

4510 Oleander Dr, Lincoln Forest, Wilmington, NC
Property

Retail

45,238 SF
Year Built

1990
For Sale

$5,950,000
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Watercraft Ferry Avenue MV-2

Watercraft Ferry Avenue Wilmington, Arrowhead, Wilmington, NC
Property

VacantLand

0.22 Acre
For Sale Contact for pricing
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109 Pier Master Pt

109 Pier Master Pt, Arrowhead, Wilmington, NC
Property

Industrial

1,100 SF
Year Built

2024
For Sale

$99,000
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800 Sunnyvale Dr

800 Sunnyvale Dr, Landmark Industrial Park, Wilmington, NC
Property

VacantLand

8.47 Acre
Availability

1 Space

5.8 Acre
For Lease

$1,400.00/Acre/MO
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1625 Doctors Circle

1625 Doctors Circle, Greenfield Lake Estates, Wilmington, NC
Property

Office

4,840 SF
Year Built

1986
For Sale

$1,250,000
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The Range On Oleander

5026 Oleander Drive, Pine Grove, Wilmington, NC
Property

Retail

12,376 SF
Availability

3 Spaces

7,660 SF
Year Built

2024
For Lease

$28.00 - $32.00/SF/YR
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106 Market St

106 Market St, Downtown Wilmington, Wilmington, NC
Property

Office

10,341 SF
Availability

1 Space

5,650 SF
Year Built

1900
For Lease

$26.50/SF/YR
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14 Wilmington Ave

14 Wilmington Ave, New Center, Wilmington, NC
Property

VacantLand

0.8 Acre
For Sale

$800,000
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605 Eastwood Road

605 Eastwood Rd, Inland Greens, Wilmington, NC
Property

VacantLand

0.45 Acre
For Sale

$729,500
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Racine Commons

260 Racine Dr, College Acres, Wilmington, NC
Property

Retail

12,880 SF
Availability

1 Space

1,260 SF
Year Built

2007
For Lease

$26.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Wilmington commercial real estate market incorporates 1,018,545 square feet of office space across 30 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Wilmington commercial real estate market includes 1,531,284 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Wilmington market, there is a total of 380,418 square feet of industrial property.

The listing inventory in Wilmington incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Wilmington is represented by Retail space, which accounts for 722,371 square feet of available listings. Office space available in Wilmington adds up to 331,683 square feet.

Meanwhile, most of the listings of commercial property for sale in Wilmington are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Wilmington is $23.18 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Wilmington can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Wilmington, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Wilmington is in the Downtown Wilmington neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Wilmington area.

Meanwhile, retail space opportunities are most abundant in the New Center submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Landmark Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $33 per square foot. In particular, the property type commanding the highest lease rates in Wilmington was Office space.

Conversely, the highest sale price last year was $66,000,000 that is located at 929 North Front Street.

The average size of a commercial property in Wilmington depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Wilmington, the average size of an office property is 36,377 square feet.
Retail properties here incorporate an average of 54,689 square feet.
Industrial space in Wilmington is in buildings that are, on average 76,084 square feet in size.

Wilmington, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Wilmington currently add up to 1,825,694 square feet. The market offers 27 active office listing(s), which amount to 331,683 square feet and account for 46% of commercial spaces on the market. Local retail availability includes 721,060 square feet across 24 retail space(s). Industrial space for rent opportunities in Wilmington amount to 126,521 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	27	331,683
Retail	24	721,060
Industrial	4	126,521
Other	3	646,430

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Wilmington, NC. Currently, there is 111,675 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 5 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	15,836
Retail	5	65,765
Industrial	2	14,600
Other	19	15,474

Wilmington, NC Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Wilmington, NC?

What factors affect the price of commercial real estate in Wilmington, NC?

What is the average rent for commercial space in Wilmington, NC?

What are the best areas for commercial real estate in Wilmington, NC?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Wilmington, NC?

Wilmington, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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