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5744 Market St 15,000 - 55,331 SF of Retail Space Available in Wilmington, NC 28405
Highlights
- High visibility along Market Street
- Ample on-site parking
- High traffic counts
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,000-55,331 SF | Negotiable | $22.01 CAD/SF/YR $1.83 CAD/SF/MO $1,218,008 CAD/YR $101,501 CAD/MO | Triple Net (NNN) |
1st Floor
5744 Market Street For Lease | 5744 Market Street, Wilmington, NC 28405 Up to ±55,331 SF of Highly Visible Commercial Space Along Market Street 5744 Market Street offers a rare opportunity to lease up to ±55,331 square feet of commercial space in one of Wilmington’s most traveled retail and business corridors. Strategically located near the intersection of Market Street (US-17 Business) and Eastwood Road/Martin Luther King Parkway, this expansive building offers unmatched visibility and ease of accessibility, with over 40,000 vehicles passing daily. Formerly home to New River Pottery, the space is well-suited for a variety of uses including retail showroom, flex/warehouse, fitness, entertainment, medical, or call center operations. The building features multiple access points, and ample on-site parking, making it ideal for tenants with high customer volume or operational space needs. Property Highlights: • ±59,300 SF available for lease (divisible into ±15,000 SF sections) • B-2 zoning allows for a wide variety of commercial uses • High-visibility location with Market Street frontage • Ample surface parking and multiple ingress/egress points • Functional mix of open floor space and private offices • Opportunity for large single-user tenant or multiple suites • Located minutes from I-40, Downtown Wilmington, and Wrightsville Beach • Nearby national retailers include Walmart, Lowe’s, Costco, Home Depot, and Target This is a unique opportunity to establish a large-scale commercial presence in a high-growth submarket with excellent demographics and strong traffic counts. The building can be subdivided into smaller sections of 15,000 sf minimum. If subdivided, the lease rates will be adjusted accordingly. Contact us today to schedule a tour or discuss potential configurations. #retail#autosales
- Lease rate does not include utilities, property expenses or building services
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
| Total Space Available | 55,331 SF | Gross Leasable Area | 55,331 SF |
| Min. Divisible | 15,000 SF | Year Built | 1991 |
| Property Type | Retail | Parking Ratio | 2.71/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 55,331 SF |
| Min. Divisible | 15,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 55,331 SF |
| Year Built | 1991 |
| Parking Ratio | 2.71/1,000 SF |
About the Property
5744 Market Street For Lease | 5744 Market Street, Wilmington, NC 28405 Up to ±59,300 SF of Highly Visible Commercial Space Along Market Street 5744 Market Street offers a rare opportunity to lease up to ±59,300 square feet of commercial space in one of Wilmington’s most traveled retail and business corridors. Strategically located near the intersection of Market Street (US-17 Business) and Eastwood Road/Martin Luther King Parkway, this expansive building offers unmatched visibility and ease of accessibility, with over 40,000 vehicles passing daily. Formerly home to New River Pottery, the space is well-suited for a variety of uses including retail showroom, flex/warehouse, fitness, entertainment, medical, or call center operations. The building features multiple access points, and ample on-site parking, making it ideal for tenants with high customer volume or operational space needs. Property Highlights: • ±59,300 SF available for lease (divisible into ±15,000 SF sections) • B-2 zoning allows for a wide variety of commercial uses • High-visibility location with Market Street frontage • Ample surface parking and multiple ingress/egress points • Functional mix of open floor space and private offices • Opportunity for large single-user tenant or multiple suites • Located minutes from I-40, Downtown Wilmington, and Wrightsville Beach • Nearby national retailers include Walmart, Lowe’s, Costco, Home Depot, and Target This is a unique opportunity to establish a large-scale commercial presence in a high-growth submarket with excellent demographics and strong traffic counts. The building can be subdivided into smaller sections of 15,000 sf minimum. If subdivided, the lease rates will be adjusted accordingly. Contact us today to schedule a tour or discuss potential configurations. #retail#autosales
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5744 Market St
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