Office Space / North Carolina / Wilmington / 28401 / 243 North Front Street

243 North Front Street

Q: What is the asking price for 243 North Front Street in Wilmington?

The asking price for 243 North Front Street is $4,050,000

Q: What is the building size of this Office property in Wilmington, NC?

The size of the building/unit at 243 North Front Street in Wilmington is 21,600 square feet.

Q: How much land does the Wilmington, NC property at 243 North Front Street include?

243 North Front Street in Wilmington includes 1.000 acres of land.

Q: What kind of Office is the propery at 243 North Front Street?

The property at 243 North Front Street Wilmington, NC 28401 is listed as a Professional Office property.

Q: What is the population within 1 mile of 243 North Front Street?

The population within 1 mile of 243 North Front Street Wilmington, NC 28401 is 6,498 people.

Q: Who do I contact for questions about 243 North Front Street?

You should contact the listing agent, Vernon Averett, for any details regarding this commercial listing.

Wilmington, NC 28401

Listing ID: 252349

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Building Size: 21,600 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $187.50

Land $/SF: $92.98

Price

$4,050,000

Property Highlights

10 year initial term that expires April 30, 2026

NN lease with Landlord responsible for roof replaced in 2015, structure, canopies, windows, and gutters

Tenant is responsible for all other expenses

Current annual rent is $275,543 as of May 1, 2021 annual increases of 2 12 each May 1st

Description

The building is occupied by a professional services firm with over 500 employees and offices in several states including North Carolina, Florida, Virginia, Georgia, Texas, and Pennsylvania. They have occupied the Wilmington location for over 30 years. The building has approximately 21,600 square feet plus a basement used primarily for storage. The main entry is on the side of the building from a plaza area known as Bijou Park.

Attachments & Files

243-front-st-flyer2021-D0E-jpQ.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 243 North Front Street Wilmington, NC 28401

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,498	42,558	103,556
Population Median Age		42	39	39
Population by Age	0-9 Yrs	629 (9%)	5208 (12%)	10655 (10%)
	10-19 Yrs	579 (8%)	4551 (10%)	11947 (11%)
	20-29 Yrs	1014 (15%)	6990 (16%)	21578 (20%)
	30-39 Yrs	808 (12%)	5390 (12%)	12553 (12%)
	40-49 Yrs	938 (14%)	5517 (12%)	11928 (11%)
	50-59 Yrs	808 (12%)	5403 (12%)	12243 (11%)
	60-69 Yrs	933 (14%)	5334 (12%)	12129 (11%)
	70+ Yrs	791 (12%)	4163 (9%)	10523 (10%)

Median HH Income		$39,366	$40,109	$41,556
Total Household Income	< 24K	1157 (36%)	6514 (35%)	14458 (32%)
	25-49K	589 (18%)	4449 (23%)	11486 (25%)
	50-74K	437 (13%)	2952 (15%)	7714 (17%)
	75-99K	299 (9%)	1706 (9%)	4495 (10%)
	100-199K	491 (15%)	2218 (11%)	5314 (11%)
	200K+	157 (5%)	741 (3%)	1427 (3%)

Highest Education Level	No Diploma	505	3277	6239
	Diploma or GED	990	7822	17661
	Some College	915	5789	14534
	Assoc. Degree	452	2577	6604
	Bachelors Degree	1173	6468	15538
	Higher Degree	796	3355	7541

Total Housing Units		4,187	21,620	50,493
--Owner-Occupied		1,257	7,746	19,175
--Renter-Occupied		1,874	10,835	25,720
Owner-Occupied Values	< 100K	151	1258	2631
	100-199K	364	3006	7883
	200-299K	197	1464	4351
	300-399K	266	971	2540
	400-499K	87	489	954
	500K+	192	559	815

Total Working Age Population		5,620	34,740	86,884
In Work Force		3,390	20,903	53,245
Not In Work Force		2,230	13,836	33,639
Workforce Employed		3,168	19,404	49,951
Workforce Unemployed		194	1,419	3,082
Civlian Workforce		3,362	20,823	53,033
Military Workforce		28	80	211

Total Households		3,130	18,580	44,895
Family Households		1,306	9,310	21,821
Non-Family Households		1,824	9,271	23,074
Married Couple		792	5,383	14,243
Other Family		514	3,927	7,578
Married w/Child		167	1,567	4,251
Single Male w/Child		42	420	825
Single Female w/Child		179	1,789	3,482

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
North Carolina	8,049,313	+18	9,535,483	+11	10,630,691	+11	11,836,070
Brunswick County	73,143	+47	107,431	+36	146,135	+23	179,854
New Hanover County	160,307	+26	202,667	+18	239,272	+16	276,409
Pender County	41,082	+27	52,217	+24	64,578	+18	76,106

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 243 North Front Street in Wilmington?

The asking price for 243 North Front Street is $4,050,000

What is the building size of this Office property in Wilmington, NC?

The size of the building/unit at 243 North Front Street in Wilmington is 21,600 square feet

How much land does the Wilmington, NC property at 243 North Front Street include?

243 North Front Street in Wilmington includes 1.000 acres of land

What kind of Office is the propery at 243 North Front Street?

The property at 243 North Front Street Wilmington, NC 28401 is listed as a Professional Office property

What is the population within 1 mile of 243 North Front Street in Wilmington?

The population within 1 mile of 243 North Front Street Wilmington, NC 28401 is 6,498 people.

Who do I contact for questions about 243 North Front Street?

You should contact the listing agent, Vernon Averett, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Raleigh Durham International Airport (RDU)	123
Charleston Air Force Base-International Airport (CHS)	152
Piedmont Triad International Airport (GSO)	171