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Middle Sound West Commercial District 7241 Market Street
2,000 - 27,200 SF of Space Available in Wilmington, NC 28411
Highlights
- Signalized Intersection
- Build to Suit Restaurant, Office and Retail
- Mixed Use Development
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-12,000 SF | 1-5 Years | $50.63 CAD/SF/YR $4.22 CAD/SF/MO $544.98 CAD/m²/YR $45.42 CAD/m²/MO $50,630 CAD/MO $607,565 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 3,200 SF | 1-5 Years | $50.63 CAD/SF/YR $4.22 CAD/SF/MO $544.98 CAD/m²/YR $45.42 CAD/m²/MO $13,501 CAD/MO $162,017 CAD/YR | Triple Net (NNN) | ||
| 2nd Floor | 2,000-12,000 SF | 1-5 Years | $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $42,192 CAD/MO $506,304 CAD/YR | Triple Net (NNN) |
1st Floor
Middle Sound West Nestled in the vibrant and growing area northern portion of New Hanover County, Middle Sound West, will be a revolutionary mixed-use development tailored to meet the diverse needs of modern entrepreneurs and retail enthusiasts. Phase 1 of the commercial portion of the development boasts an impressive 28,000 square feet of combined retail, restaurant, and office space. Middle South West, enjoys an enviable location, drawing traffic from both residents and professionals alike. Conveniently accessible and strategically positioned, this development offers an unmissable opportunity for businesses seeking a prominent presence within the thriving northern portion of NHC. With 3 main points of ingress and egress from Market Street and Lendire Road, clientele and patrons of the development will have easy access to signalized intersections and to the Military Cutoff Road extension. Elevate your brand and captivate your target audience with a retail, office or restaurant space tailored to perfection. Note: Site plan, building sizes, and placement are subject to change. Elevation renderings coming soon. #retaillease#wilmingtonofficelease#wilmingtonrestaurantlease#middlesoundwest
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Signalized Intersection
- Mixed-Use Development
- Build to Suit Restaurant, Office or Retail
1st Floor
Nestled in the vibrant and growing area of the northern portion of New Hanover County, Middle Sound West, will be a revolutionary mixed-use development tailored to meet the diverse needs of modern entrepreneurs and retail enthusiasts. Phase 1 of the commercial portion of the development boasts an impressive 28,000 square feet of combined retail, restaurant, and office space. Middle South West, enjoys an enviable location, drawing traffic from both residents and professionals alike. Conveniently accessible and strategically positioned, this development offers an unmissable opportunity for businesses seeking a prominent presence within the thriving northern portion of NHC. With 3 main points of ingress and egress from Market Street and Lendire Road, clientele and patrons of the development will have easy access to signalized intersections and to the Military Cutoff Road extension. Elevate your brand and captivate your target audience with a retail, office or restaurant space tailored to perfection. Note: Site plan, building sizes, and placement are subject to change.
- Lease rate does not include utilities, property expenses or building services
- Prime Restaurant Location with Outdoor Seating
- Signalized Intersection
- Modern Mixed-Use Development
2nd Floor
Nestled in the vibrant and growing area of the northern portion of New Hanover County, Middle Sound West, will be a revolutionary mixed-use development tailored to meet the diverse needs of modern entrepreneurs and retail enthusiasts. Phase 1 of the commercial portion of the development boasts an impressive 27,200 square feet of combined retail, restaurant, and office space. Middle South West, enjoys an enviable location, drawing traffic from both residents and professionals alike. Conveniently accessible and strategically positioned, this development offers an unmissable opportunity for businesses seeking a prominent presence within the thriving northern portion of NHC. With 3 main points of ingress and egress from Market Street and Lendire Road, clientele and patrons of the development will have easy access to signalized intersections and to the Military Cutoff Road extension. Elevate your brand and captivate your target audience with a retail, office or restaurant space tailored to perfection. Note: Site plan, building sizes, and placement are subject to change.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 96 People
- Signalized Intersection
- Build to suit Restaurant, Office and Retail
- Mixed-Use Development
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 7241 Market Street , Wilmington, NC 28411
| Min. Divisible | 2,000 SF | Gross Leasable Area | 27,200 SF |
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Retail | Construction Status | Under Construction |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 27,200 SF |
| Year Built | 2025 |
| Construction Status | Under Construction |
About the Property
Middle Sound West Nestled in the vibrant and growing area northern portion of New Hanover County, Middle Sound West, will be a revolutionary mixed-use development tailored to meet the diverse needs of modern entrepreneurs and retail enthusiasts. Phase 1 of the commercial portion of the development boasts an impressive 28,000 square feet of combined retail, restaurant, and office space. Middle South West, enjoys an enviable location, drawing traffic from both residents and professionals alike. Conveniently accessible and strategically positioned, this development offers an unmissable opportunity for businesses seeking a prominent presence within the thriving northern portion of NHC. With 3 main points of ingress and egress from Market Street and Lendire Road, clientele and patrons of the development will have easy access to signalized intersections and to the Military Cutoff Road extension. Elevate your brand and captivate your target audience with a retail, office or restaurant space tailored to perfection. Note: Site plan, building sizes, and placement are subject to change. #retaillease#wilmingtonofficelease#wilmingtonrestaurantlease#middlesoundwest
-
Amanda Parmer -
Power Broker Steve Hall -
BlueCoast Commercial
Presented by
Middle Sound West Commercial District | 7241 Market Street
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