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805 Pine Grove DrWilmington, NC 28403

Single-tenant, 46,200 SF medical office building

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A medical office building, totaling 46,200 square feet, presents a unique investment opportunity in New Hanover County. Located at 805 Pine Grove Drive, at the corner of Pine Grove Road and Greenville Loop Road, this single-tenant property boasts a prime location with high population density and strong incomes, ensuring high traffic counts. Built in 2001, the one-story building sits on a 4.78-acre lot and features 174 parking spaces, providing ample convenience for patients and staff. The property is zoned Commercial and offers flexibility with a minimum divisible space of 22,500 square feet and a maximum contiguous space of 46,200 square feet. The building is currently configured as a single-tenant space, but can be subdivided into two suites (approximately 22,500 SF and 23,600 SF). This presents an ideal opportunity for a large medical practice seeking a prominent location or for an investor looking to lease to multiple tenants. The property's size, location, and ample parking make it an attractive option for a variety of medical uses. This is a rare opportunity to acquire a well-maintained, strategically located Class A medical office building in a thriving market.

Highlights

  • Class A, single-tenant medical office building totaling 46,200 square feet.
  • Building features 174 parking spaces on a 4.78-acre lot in New Hanover County.
  • Located at 805 Pine Grove Drive, at the corner of Pine Grove Road and Greenville Loop Road.
  • Divisible into two suites: 22,500 square feet and 23,700 square feet (approximately).
  • Built in 2001, with Commercial zoning.

Property Details for 805 Pine Grove Dr

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
46,200 SF
Class
A
Year Built
2001
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
46,200 SF

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.200235525686
Longitude
-77.871715681593
805 Pine Grove Dr, Wilmington, North Carolina

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805 Pine Grove Dr
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