True
Space Available For Lease 1
Space Available |
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.
Lindsey Hess
CapeFear Commercial |
Property Details
- Property Type Retail - Freestanding
- Property Size 91,637 SF
- Lot Size 6.33 Acre
- Property Tenancy Multi-Tenant
- Year Built 1972
- Date Updated Sep 5, 2025
Reach out to the broker for more info on lease terms and amenities
Getting around
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59/100
Walk Score ®
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29/100
Transit Score ®
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48/100
Bike Score ®
Location
- City Wilmington, NC
- Neighborhood New Center
- Zip Code 28405
- Market Wilmington
Points of Interest
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Exxon
0.09 miles
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Murphy USA
0.43 miles
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Sam's Club
0.68 miles
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BP
0.73 miles
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Costco Gasoline
0.74 miles
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Shell
1.49 miles
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Go Gas
1.93 miles
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Tesla Supercharger
3.09 miles
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Lot C
0.99 miles
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Lot D
1.08 miles
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Lot B
1.10 miles
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Lot F (Visitor Parking)
1.15 miles
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Lot G
1.16 miles
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Lot H
1.18 miles
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Lot M
1.22 miles
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Lot A
1.24 miles
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Lot Q
1.26 miles
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Lot I
1.26 miles
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Arby's
0.09 miles
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Hooters
0.24 miles
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Dunkin'
0.24 miles
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Genki Sushi
0.28 miles
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Chick-fil-A
0.29 miles
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Bojangles'
0.34 miles
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Bonefish Grill
0.35 miles
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Jax Fifth Avenue Deli
0.43 miles
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Chopstix
0.44 miles
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Elizabeth's Pizza
0.48 miles
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Food Lion
0.47 miles
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Target
0.47 miles
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Walmart Supercenter
0.52 miles
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Ross
0.58 miles
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TJ Maxx
0.85 miles
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Kohl's
1.11 miles
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Harris Teeter
1.56 miles
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Trader Joe's
2.19 miles
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Whole Foods Market
2.23 miles
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Independence Mall
2.44 miles
5000 Market Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
5000 Market Street is located in New Center, which is home to a total of 8 listing(s). Retail space at 5000 Market Street asks $11.00/SF/YR per square foot.
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The property includes 41,360 square feet of retail space for lease. Of this total, 41,360 square feet are Retail.
Lease agreement conditions for the availability at this property include Modified Gross.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in New Center is 34. The average household income here is $59,398 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
