1505 Medical Center DriveWilmington, NC 28401Price: $450,000

  • Price: $450,000
  • 2 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $450,000List Price
  • 0.48Acreage
  • 1,500Square Feet

Listing Tools

Listed by Anderson B Horton of Prosper Real Estate
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 Details of 1505 Medical Center Drive

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"Based on information submitted to Hive MLS as of June 13, 2026 2:13 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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