1505 Medical Center DriveWilmington, NC 28401
- Other
- $450,000
- 1,500 SQFT
Located in a well-positioned commercial corridor of Wilmington, 1505 Medical Center Dr presents a strong investment opportunity with an established long-term tenant already in place. The property is currently leased to Edward Jones - Financial Advisor under a GM lease structure through February 2030, providing steady cash flow with scheduled 3% annual rent increases and a current net income of $30,135.60. Zoned O&I, this asset offers stability with a nationally recognized tenant, a reported 6.5% cap rate, and an additional renewal option in place, making it an attractive option for investors seeking dependable income in a desirable Wilmington location. Buyer to verify lease terms, income figures, and all due diligence items upon review of the lease agreement. Assignment of Contract.
- Last Checked
- 1 minute ago
- Last Updated
- Jun 12, 2026
- Days on Website
- 12
Property Details for 1505 Medical Center Drive
1505 Medical Center Drive is a Other commercial space for sale in Wilmington, NC 28401.
Please contact Anderson B Horton at Prosper Real Estate direct by phone at 336-504-0073. You may also reach Prosper Real Estate by phone at 910-352-7957.
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Listing Provider for 1505 Medical Center Drive
Offered by Red Door Company. Information Not Guaranteed. © Hive MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Red Door Company shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
- Agent:
- Anderson B Horton
- Agent Phone Number:
- 336-504-0073
- Office:
- Prosper Real Estate
- Office Phone Number:
- 910-352-7957
- MLS ID:
- 100581295
- Data Source:
- Hive MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- June 12, 2026 8:25 PM UTC
- Days on Site:
- 12

