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248 N Front St 3,444 SF of Retail Space Available in Wilmington, NC 28401
Highlights
- On Front Street
- Open plan, exposed brick.
- Amazing flexible space.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,444 SF | 9’ - 18’ | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $103,320 /YR $8,610 /MO | Negotiable |
1st Floor
- Located in-line with other retail
- Finished Ceilings: 9’ - 18’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 248 N Front St, Wilmington, NC 28401
- Tenant
- Description
- US Locations
- Reach
- Battenbury Holdings Corp
- Management of Companies and Enterprises
- 1
- -
- Blackshear Burdeshaw Corp
- Public Administration
- 1
- -
- Burini Corp
- Information
- 1
- -
- Carolina Rentalz Inc
- Public Administration
- 1
- -
- Electro Vapor Cigarettes
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Battenbury Holdings Corp | Management of Companies and Enterprises | 1 | - |
| Blackshear Burdeshaw Corp | Public Administration | 1 | - |
| Burini Corp | Information | 1 | - |
| Carolina Rentalz Inc | Public Administration | 1 | - |
| Electro Vapor Cigarettes | Retailer | 1 | - |
Property Facts
| Total Space Available | 3,444 SF | Gross Leasable Area | 10,002 SF |
| Property Type | Retail | Year Built | 1908 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 20/1,000 SF |
| Total Space Available | 3,444 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,002 SF |
| Year Built | 1908 |
| Parking Ratio | 20/1,000 SF |
About the Property
Prime Front Street Commercial Opportunity | 3,444 SF | Build-to-Suit | Flexible Layout Located in the heart of historic downtown Wilmington, 248 Front Street offers 3,444 square feet of prime commercial space on Wilmington’s busiest and most vibrant corridor. This is currently an open shell — a rare opportunity to design the space exactly how you want it. The owner is open to: -Building to suit -Tenant-led buildout -Leasing a portion of the space or the entire 3,444 SF There is already interest in portions of the space, making this an excellent opportunity for a business ready to secure a presence on Front Street. Ideal uses include: -Spa or wellness concept -Coffee shop or café -Bar or lounge -Fitness studio or gym -Retail showroom -Creative experiential concept Surrounded by successful restaurants, retail, and hospitality businesses, this block benefits from steady year-round foot traffic from both locals and visitors. Conveniently located between two city parking decks makes customer parking simple. NOTE: There is no parking with this unit other than the public decks. Bring your ideas. Lease part or all. Create something exceptional in one of downtown Wilmington’s most active locations.
Nearby Major Retailers
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Wilmington, NC
248 N Front St
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