- For Lease $30.00/SF/YR
- Property Type Retail
- Property Size 49,288 SF
- Lot Size 3 Acre
- Parking Spaces Avail. 129
- Parking Ratio 2.62 / 1,000 SF
- Year Built 1974
- Date Updated Apr 12, 2024
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This offering is for the former leasing office and restaurant located at 5040 Market Street. Property is 4080 +/- sf in the entirety but can be subdivided creatively. This building features 4 bathrooms, offices, restaurant area and reception area for hotel guests. The building has 3 entrance/exits. Access for deliveries can arrive in the rear. This building is located in front of a future 120 unit apartment complex that was approved in June of 2022. The space is currently built out for a restaurant and the reception/check in for the former hotel. We are seeking concepts that are low to moderate traffic generators who prefer to benefit from the exposure to 53,000 cars per day that pass the property. Surrounding retail uses include. Walmart Super Center. Target, Academy Sports, Costco. There will be a future median on market street, but as of right now the property enjoys full access from the driveway out to market street. Building plans available upon request for tenants to test fit the space.
See our site plan for property location.
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Contacts
Location
Getting Around
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Walk Score ®
60/100 Somewhat Walkable -
Transit Score ®
30/100 Some Transit -
Bike Score ®
50/100 Bikeable
- City Wilmington, NC
- Neighborhood New Center
- Zip Code 28405
- Market Wilmington
Points of Interest
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Exxon
0.14 miles
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Murphy USA
0.29 miles
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Costco Gasoline
0.60 miles
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Sam's Club
0.69 miles
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BP
0.86 miles
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Exxon
1.34 miles
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Shell
1.37 miles
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Go Gas
2.01 miles
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Circle K
2.18 miles
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Shell
2.27 miles
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Lot C
1.00 miles
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Lot D
1.09 miles
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Lot B
1.13 miles
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Lot G
1.16 miles
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Lot H
1.16 miles
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Lot F (Visitor Parking)
1.18 miles
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Lot I
1.23 miles
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Lot Q
1.24 miles
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Lot M
1.25 miles
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Lot A
1.28 miles
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Arby's
0.10 miles
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Hooters
0.10 miles
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Dunkin'
0.11 miles
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Chick-fil-A
0.16 miles
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Genki Sushi
0.19 miles
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Bonefish Grill
0.21 miles
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Chopstix
0.30 miles
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Jason's Deli
0.39 miles
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Jax Fifth Avenue Deli
0.40 miles
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Checkers
0.42 miles
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Target
0.39 miles
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Walmart Supercenter
0.41 miles
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Ross
0.56 miles
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Food Lion
0.61 miles
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TJ Maxx
0.80 miles
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Harris Teeter
1.64 miles
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Trader Joe's
2.27 miles
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Whole Foods Market
2.35 miles
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Independence Mall
2.56 miles
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Food Lion
2.66 miles
Frequently Asked Questions
How much does retail space at 5040 Market St cost?
The asking price for retail space at 5040 Market St is $30.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.
What kind of retail space can I rent at 5040 Market St?
The property has 4,080 square feet of rentable Restaurant space. Rental opportunities here are available under NNN lease terms.
Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.
How many parking spots are available at 5040 Market St?
5040 Market St offers 129 parking spaces. Additionally, you can find 2 fuel station(s) within a 0.5-mile radius.
Are there any potentially competing retail businesses in the area?
Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 5040 Market St.
Is 5040 Market St located in a popular area for retail businesses?
The property is part of New Center, which is home to 6 other retail listings.
Other popular areas for retail businesses in Wilmington include New Center, College Acres, Audubon.
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