Investment Office Condo | 2 Units - Fully Occupied

Wilmington’s economy has undergone significant diversification in the last decade, transitioning from a tourism-centric focus to a hub for professional services and innovation. Key industries now include financial technology, clinical research, logistics, manufacturing, and food processing, reflecting the city’s dynamic economic growth. The professional and business services sector has grown by an impressive 31% between 2010 and 2020, while the trade, transportation, and utilities sector, along with education and health services, each saw a 22% increase in jobs. Wilmington’s commitment to fostering business growth is exemplified by companies like Vantaca, which recently announced a $4.9 million investment and plans to create over 100 new jobs in New Hanover County. With a population of 130,818 in 2023, Wilmington is the eighth-largest city in North Carolina and continues to see steady growth, underscoring its appeal as a vibrant and livable city. As the principal city in the Wilmington Metropolitan Statistical Area, which includes New Hanover, Pender, and Brunswick counties, the region supports a population of 285,905. Since 2020, Wilmington’s population has grown at an annual rate of 1.6%, with projections estimating it will reach 137,191 by 2028. This sustained growth reflects the city’s attractiveness to families, professionals, and retirees seeking a balanced lifestyle in a flourishing community.This offering consists of a 100% occupied 4,100 SF multi-tenant building in a rapidly growing market of Wilmington, NC. The 0.03 acres is located on the lighted hard corner of Silvia Terra Drive and Carolina Beach Road. Suite A is occupied by Ganz International - an international clothing and apparel brand has been a long term tenant who has a lease through June, 2027. Suite B is occupied by Connected Health Centers by their Wilmington franchisee who operates a wellness and chiropractic clinic, lease runs through March, 2029. (WALT is over 3.5 years)