5000 Market Street

5000 Market Street, Wilmington, NC 28405

Property Information

  • For Lease $10.00 - $12.00/SF/YR
  • Property Type Retail - Freestanding
  • Property Size 91,637 SF
  • Lot Size 6.33 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1972
  • Date Updated Jun 19, 2026

Description

A freestanding building totaling 91,637 square feet, situated on a 6.33-acre lot at 5000 Market Street in Wilmington, NC. Built in 1972, the property provides substantial footprint for retail or commercial use. The New Center neighborhood sits along Market Street, one of Wilmington's primary commercial corridors connecting the city's interior to its coastal areas. No specific points of interest were provided for this listing.

1 Space Available

Space Available

Space Type

Retail

Lease Rate

$10.00 - $12.00/SF/YR

Total Space

41,360 SF

Additional Rent

$3.50/SF/YR

Max Contiguous

41,360 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

No

Sublease

Yes

Sublease Expiry

Mar 31, 2033

Miller-Motte sublease available through March 31, 2033. The property is located at the highly trafficked signalized intersection of Market Street and Lullwater Drive, with approximately 50,000 VPD along Market Street. Current upfit consists of classrooms of multiple sizes along with large conference/training rooms. Great visibility with the opportunity for building and road front monument signage.

Previously used by Miller Motte College (vocational & trade school), the space could work well for a large user or has the opportunity for subdivision/reconfiguration.

Location

Located at 5000 Market Street, Wilmington, NC 28405, this property is part of the New Center neighborhood and Wilmington market.

Contact 5000 Market Street
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