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2725 Iron Gate Dr
Wilmington, NC 28412 Shipyard Plaza

$8,400,000 USD

Medical For Sale • 21,000 SF

Property Details

Property Type Medical
Total Building Size 21,000 SF
Lot Size 1.49 AC
Building Class A
Year Built 2024
Cap Rate 6.86 %
Tenancy Multiple
Zoning O & I

30 Transit Score

26 Walk Score

                
                    Highlights
                
                                New, stabilized & 100% occupied, multi-tenanted Class-A office building.
                            
                                Anchored by Waccamaw Dermatology & NC Farm Bureau Insurance .
                            
                                Unparalleled office market with strong fundamentals.
                            
                                Nearly 9 years weighted avg lease term remaining.
                            
                                Net leases with personal guarantees for 2 (of the 3) tenants.

Property Flyers

Iron Gate - OM_Public

Financial Summary (Actual)

Net Operating Income: $12,094,656,000 USD (2024)

Cap Rate:

6.86 %

Amenities

24 Hour Access
Wheelchair Accessible

Public Transportation

Airport	Drive	Walk	Distance
Wilmington International	23 min	-	9.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	95
Type:	Surface
Included in Rent:	Yes

Paul Loukas 910-344-1008 Cape Fear Commercial

2725 Iron Gate Dr Wilmington, NC 28412 Shipyard Plaza