Ad #7793476
MLS #100581295
Located in a well-positioned commercial corridor of Wilmington
1505 Medical Center Dr, Wilmington, North Carolina, 28401
$450,000
--Beds
--Baths
1,500Sqft
0.480Acres
About this property
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.
Property Features
0 Beds
0 Baths
1,500 Sqft
Built in 1983
0.480 Acres
$2,793 / yr property tax
New Hanover County
Not In Subdivision Community
Additional Photos
Contact Information
Anderson B Horton
Prosper Real Estate
336-504-0073
Location
Listing Agent: Anderson B Horton (License #: 361538) 336-504-0073
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
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$450,000
--
Beds
--
Baths
1,500
Sqft
1505 Medical Center Dr, Wilmington, North Carolina, 28401
By contacting this agent you agree to these Terms and Conditions.
MLS# 100581295
Located in a well-positioned commercial corridor of Wilmington
$450,000
1505 Medical Center Dr, Wilmington, North Carolina, 28401
--
Beds
--
Baths
1,500
Sqft
0.480
Acres
$450,000
1505 Medical Center Dr, Wilmington, North Carolina, 28401
-- Beds
-- Baths
1,500 Sqft
0.480 Acres
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
1,500 Sqft
Built in 1983
0.480 Acres
FINANCIAL & COMMUNITY
$2,793 / yr property tax
New Hanover County
Not In Subdivision Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
7793476
Viewed
21 times
Listing Status
Pending
Added
Jun 25, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100581295
Listing Agent: Anderson B Horton (License #: 361538) 336-504-0073
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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