Map of Property

420 Raleigh St

420 Raleigh St, Wilmington, NC 28412

  • For Sale $3,265,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 13,500 SF
  • Lot Size 2.96 Acre
  • # of Floors 1
  • Building Class B
  • Year Built 1999
  • Date Updated Apr 25, 2024
  • Grade Level Doors 7

Fully leased office/warehouse building for sale fronting Raleigh Street, just off Carolina Beach Road and in close proximity to the Port of Wilmington. The property consists of a 13,500 SF freestanding well-maintained office/warehouse building situated on 2.96 AC zoned IND (Industrial) by the City of Wilmington. The property is currently leased to 4 tenants occupying 7 separate units. The property has an expansive stoned and fenced laydown yard, along with several outbuildings that have not been added to the advertised square footage. Most leases are currently at below-market rates, offering significant upside potential upon lease renewals and restructuring. A large majority of the warehouse areas are climate controlled.

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Contacts

broker

Will Leonard Is this you?

CapeFear Commercial

(910) 344-1015

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent

  • Transit Score ®

    20/100 Minimal Transit

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Wilmington, NC
  • Neighborhood Landmark Industrial Park
  • Zip Code 28412
  • Market Wilmington

Points of Interest

  • Circle K

    0.55 miles

  • Speedway

    0.94 miles

  • BP

    1.79 miles

  • Shell

    2.22 miles

  • BP

    2.31 miles

  • Valero

    2.92 miles

  • Citgo

    2.97 miles

  • Go Gas

    3.43 miles

  • Shell

    3.73 miles

  • Shell

    4.18 miles

  • Kenan House parking lot

    3.85 miles

  • City of Wilmington 2nd Street Parking Deck

    3.90 miles

  • Lot K

    4.15 miles

  • Field Parking

    4.27 miles

  • Convention Center Parking Deck

    4.29 miles

  • Lot A

    4.33 miles

  • Lot J

    4.34 miles

  • Lot N

    4.41 miles

  • Lot AA

    4.42 miles

  • Lot M (Visitor Parking)

    4.43 miles

  • Pizza Hut

    1.26 miles

  • Smoke on the Water

    2.06 miles

  • Smithfields Chicken 'N Bar-B-Q

    2.24 miles

  • Zaxby's

    2.26 miles

  • Taco Bell

    2.30 miles

  • Domino's

    2.33 miles

  • Krispy Kreme

    2.57 miles

  • McDonald's

    2.66 miles

  • Chipotle

    2.77 miles

  • Panera Bread

    2.79 miles

  • Food Lion

    1.14 miles

  • Publix

    2.21 miles

  • Food Lion

    2.23 miles

  • ALDI

    2.44 miles

  • Big Lots

    2.55 miles

  • Independence Mall

    2.57 miles

  • Harris Teeter

    2.58 miles

  • Whole Foods Market

    2.81 miles

  • Food Lion

    3.04 miles

  • Walmart

    3.18 miles

  • Wilmington Treatment Center

    0.84 miles

  • Heart Center - Outpatient Services

    1.19 miles

  • New Hanover Regional Medical Center

    1.73 miles

  • Medac

    2.65 miles

  • King's Pharmacy & Compounding Lab

    2.88 miles

  • City of Wilmington Fire Station 2

    3.04 miles

  • Leland Fire/Rescue Westport Fire Station 52

    3.23 miles

  • Port Human Services

    3.37 miles

  • City of Wilmington Fire Department Headquarters

    3.76 miles

  • New Hanover County Sheriff's Office

    3.84 miles

Frequently Asked Questions

What is the lease rate for 420 Raleigh St?

Rental asking rate at 420 Raleigh St is $1,632,500.00/YR.

What is the total square footage of 420 Raleigh St?

420 Raleigh St totals 13,500 square feet.

When was this property built?

420 Raleigh St was built in 1999.

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Contact Listing Broker

broker

Will Leonard Is this you?

CapeFear Commercial

(910) 344-1015