Wilmington, North Carolina, is a prime location for investing in warehouses, with 3 available listings offering a range of opportunities for businesses and investors. Warehouses in Wilmington represent a solid investment opportunity, providing a space for storage, distribution, and manufacturing. These properties can be used for various purposes, including e-commerce fulfillment, logistics, and light industrial activities. Wilmington's strategic location, with its proximity to the Atlantic Ocean and the Cape Fear River, makes it an attractive hub for businesses involved in international trade and commerce. The city's infrastructure, including the Wilmington International Airport and the Cape Fear Public Transportation Authority, provides easy access to major highways, ports, and transportation routes. Additionally, Wilmington is home to several major companies, including Live Oak Bank and HomeInsurance.com, and is known for its strong educational institutions, such as the University of North Carolina Wilmington. The city's rich history, cultural attractions, and natural beauty, including the nearby beaches and the Cape Fear River, make it an attractive location for businesses and individuals alike.
Wilmington's warehouses are part of a larger commercial real estate market that includes industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Wilmington offer opportunities for manufacturing, research, and development, while land is available for development and construction projects. Residential income homes provide a source of passive income, and commercial real estate includes office spaces, retail stores, and restaurants. The city's diverse economy, with major industries in electrical equipment, pharmaceuticals, and tourism, supports a wide range of businesses and investments. With its unique blend of history, culture, and natural beauty, Wilmington is an attractive location for businesses and investors looking to establish a presence in the region. The city's warehouses, with their convenient location and access to major transportation routes, are an essential part of this commercial landscape.
What are the key features investors look for in warehouses in Wilmington?
When searching for warehouses in Wilmington, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $165 USD, with an average size of 21,974 square feet and a maximum size of 44,841 square feet, offering flexibility and scalability.
- A desirable location with easy access to major transportation facilities, such as the Wilmington International Airport (ILM), the Cape Fear River, and U.S. Routes 17, 74, 76, 117, 421, and 421 Truck, ensuring convenient transportation of goods.
- An average cap rate of , indicating a strong potential for returns on investment, as well as proximity to amenities like the University of North Carolina Wilmington, downtown Wilmington, and nearby beach communities.
How much does it cost to buy a warehouse in Wilmington?
When it comes to buying a warehouse in Wilmington, the cost can vary depending on several factors, including the size and location of the property, with the average price per square foot being $165 USD and the average size of available listings being 21,974 square feet, ranging from smaller options to larger spaces like 44,841 square feet, and with an average cap rate of.
What size warehouses are available to buy in Wilmington?
When it comes to warehouses for sale in Wilmington, you'll find a range of sizes to suit your needs, with average sizes around 21,974 square feet, and options available up to 44,841 square feet, among the 3 listings currently on the market.
