Licensed North Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Wilmington, NC

Wilmington's commercial real estate market sits at the intersection of three powerful demand drivers: a port city economy anchored by the expanding NC State Ports Authority, a coastal tourism industry generating billions in annual spending, and a film and creative industry that has earned the city its 'Hollywood East' reputation. With population growth consistently above 2% annually and limited coastal land for new development, Wilmington property owners hold assets with structural scarcity value. John Salony provides confidential CRE advisory for Wilmington sellers looking to capture the full value of their coastal commercial properties.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Wilmington Commercial Real Estate Market

Wilmington combines coastal tourism appeal with genuine economic substance — a combination that distinguishes it from resort-dependent beach markets. The NC State Ports Authority's ongoing expansion, including deepening the Cape Fear River channel, positions the port for increased container traffic and supports industrial demand throughout the region. Meanwhile, the film industry (EUE/Screen Gems Studios), healthcare (Novant Health and NHRMC), and the University of North Carolina Wilmington provide diversified employment that stabilizes commercial property demand year-round, not just during tourist season.

Industrial demand along the I-40 terminus and US-17 corridors is driven by port-related logistics, food distribution, and manufacturing operations that serve both the local market and broader southeastern supply chains. Retail along Mayfaire, Monkey Junction, and the Midtown area benefits from tourist spending layered on top of a growing year-round population exceeding 290,000 in the metro area. Downtown Wilmington's historic riverfront district supports premium restaurant, boutique, and hospitality properties with walkable charm that commands coastal pricing premiums.

For sellers, Wilmington presents a market where coastal scarcity meets genuine economic diversification. Properties are not purely dependent on tourism — the port, healthcare, education, and film industries provide demand stability that pure beach markets lack. This dual appeal attracts both lifestyle investors drawn to coastal living and institutional buyers focused on economic fundamentals, creating a competitive buyer pool that benefits sellers across all commercial property types.

125,000+
Population
1.8% annually
Annual Growth
50000
Median Income
0.036
Unemployment
Major Employers: Novant Health, New Hanover Regional Medical Center, UNCW, GE Hitachi Nuclear, Corning
Economic Drivers: Healthcare, Port & Logistics, Film Production, Tourism, Education
What's Selling

Top Property Types in Wilmington

01

Industrial & Warehouse

The NC State Ports Authority's Cape Fear operations and the I-40 terminus create a logistics corridor that distinguishes Wilmington's industrial market from other coastal NC cities. Port-related distribution, cold storage, seafood processing, and regional manufacturing tenants compete for warehouse space along US-17 and Castle Hayne Road. The port's deepening project will accommodate larger vessels, potentially increasing industrial demand further. Properties with rail access or direct port connectivity command significant premiums.

02

Retail & Tourism

Wilmington's retail market layers tourist spending on top of a growing year-round population — a combination that generates higher revenue per square foot than inland markets of similar size. Mayfaire Town Center, Oleander Drive, and South College Road anchor suburban retail, while downtown's riverfront district commands premium rents for restaurants and boutique retail. Seasonal tourist traffic provides a revenue boost that landlords in non-coastal markets don't enjoy, making Wilmington retail attractive to investors seeking both yield and appreciation.

03

Office & Medical

Novant Health, NHRMC, and the expanding healthcare ecosystem along the Medical Center Drive corridor drive consistent demand for medical office, urgent care, and specialty clinic space. Wilmington's retiree population — one of the fastest-growing demographics in the market — compounds healthcare utilization rates beyond what the total population would suggest. Multi-tenant medical buildings near hospital campuses attract both regional investors and national healthcare REITs.

Thinking About Selling Your Wilmington Commercial Property?

Get a confidential, no-obligation valuation. Understand what your property is worth in today's market before you commit to anything.

Schedule Your Free Consultation
Market Data

Wilmington Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial6.0% - 8.0%
Retail6.5% - 8.5%
Office7.0% - 9.0%
Mixed-Use6.0% - 8.0%
NNN Lease5.0% - 6.5%

Cap rates in Wilmington reflect the coastal market's growth trajectory. Industrial properties near the port command competitive pricing.

Your Advisor

Why Wilmington Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Wilmington

Industrial near the port, retail in suburban corridors, and medical office near hospitals are the strongest performers.
Most sales take 4 to 10 months. Well-priced properties with strong NOI can close in 60 to 90 days after offer.
Wilmington cap rates reflect coastal scarcity and economic diversification. Industrial near the port and I-40 trades at 6.0% to 7.5%, with logistics-connected properties tightest. Retail ranges from 5.5% to 8.0%, with tourist-enhanced locations like Mayfaire and downtown riverfront at the lower end. Medical office near the hospital corridor trades at 5.5% to 7.5%. Office ranges from 6.5% to 9.0%. NNN properties with national coastal tenants can trade below 5.0%.
Yes — Wilmington's coastal market sees frequent combined business-and-real-estate transactions, especially for restaurant, hospitality, and marine service businesses where the property and operations are inseparable. John Salony brings both M&A and CRE expertise to these deals, structuring sale-leaseback and combined transactions that capture the full value of both components. This is particularly valuable in Wilmington where property values carry a coastal premium.
Wilmington's port expansion, population growth above 2% annually, and coastal land scarcity create strong fundamentals for commercial property values. The city's diversified economy — unlike pure resort markets — provides year-round stability. Tourism spending continues growing, healthcare demand rises with the retiree population, and industrial demand tracks port activity. Properties with clean financials and realistic pricing attract competitive offers. A confidential consultation can show you where your property fits in Wilmington's coastal market.
Take the First Step

Your Wilmington Property Has a Number.
Do You Know What It Is?

A 30-minute confidential conversation. No pressure. No obligation. Just an honest assessment of what your commercial property could sell for in today's market.

Licensed NC Real Estate Broker #302735 | Affiliated with G Brokerage Commercial Real Estate Inc.
hiker in nature

Connect with Me

100% Confidential