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298 N Corporate Dr

113,120 - 288,174 SF of 4-Star Industrial Space Available in Wilmington, NC 28401

Sublease Highlights

  • 298 N Corporate Drive is a turnkey divisible cold storage facility offering 113,120 to 288,174 SF with flexible and short-term leases.
  • Features 50' clear ceilings, 45 dock doors with automated door locks, 28 reefer plugs on docks & the trailer parking stalls, and a 230' truck court.
  • Equipped with high-speed freezer and cooler doors, a locker room, a maintenance room, a server room, solar, and standby generators.
  • Fully racked building (30K pallet positions), +400 PP blast-freezing, and 3 multi-temperature chambers at -10° F to 57° F, USDA and FDA-capable rooms.
  • Strategically located in Wilmington, only 13 miles from the Port of Wilmington and within 700 miles of more than 70% of the US industrial base.
  • Material handling equipment is also available.

Features

Clear Height
50’
Exterior Dock Doors
45

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 113,120-288,174 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • 30 Days
  • Sublease space available from current tenant
  • Includes 10,000 SF of dedicated office space
  • 45 Loading Docks
  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Freezer Space
Space Size Term Rental Rate Space Use Condition Available
1st Floor 113,120-288,174 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out 30 Days

1st Floor

Size
113,120-288,174 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 113,120-288,174 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition Full Build-Out
Available 30 Days

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Includes 10,000 SF of dedicated office space
  • Space is in Excellent Condition
  • 45 Loading Docks
  • Freezer Space

Property Overview

298 N Corporate Drive offers an exceptional sublease opportunity to occupy a move-in-ready cold storage facility located in Pender Commerce Park. This state-of-the-art, 288,174-square-foot facility comprises three cold rooms, fully racked and +400 PP blast-freezing, a locker room, a maintenance room, and a server room. The property is available for immediate tenant move-in with divisibility options and short-term lease potential. 298 N Corporate Drive is LEED Gold Certified and an incredibly unique and well-equipped property for a range of cold storage users, including food processing companies and frozen vegetable, meat, and poultry producers, among others. Building specifications include a 50-foot clear ceiling height, 45 dock doors with automated door locks, 10,000 square feet of dedicated office space, and a 230-foot truck court with 45 trailer stalls. 298 N Corporate Drive is equipped with solar and standby generators to ensure sustainable, uninterrupted productivity. Further contributing to the superior cold storage capabilities, the property also features 28 reefer plugs with 24 on docks, three multi-temperature chambers at -10 to 57 degrees Fahrenheit, USDA- and FDA-capable rooms, and high-speed freezer and cooler doors. Additional material handling equipment, office cubicles, and lockers can be made available. Situated on 26.16 acres, the property provides ample on-site parking and is incredibly secure with a fully gated site and a guard shack. Wilmington is a bustling industrial market located on the East Coast within 700 miles of more than 70% of the US industrial base. 298 Corporate Drive's strategic location is only 13 miles from the Port of Wilmington and allows a significant reach to 80 million consumers within one day and 225 million consumers within two days. The Port of Wilmington is the closest port to significant points on the Interstate 95 corridor, including Charlotte, Greensboro, and Raleigh-Durham. The property is easily accessible via the adjacent Highway 421, delivering a seamless connection to Interstate 140. With desirable features and unmatched connectivity, 298 Corporate Drive presents a premier cold storage solution.

Refrigeration/Cold FACILITY FACTS

Building Size
288,174 SF
Lot Size
91.91 AC
Year Built
2023
Sustainability
LEED Certified - Gold
Truck Court
230’

Marketing Brochure

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Charlotte
872,498
203
4 h 14 m
Washington
702,455
363
7 h 1 m
Jacksonville
903,889
433
8 h 4 m
Philadelphia
1,584,138
500
9 h 57 m
New York
8,398,748
589
11 h 41 m
Columbus
892,533
599
11 h 44 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
90,653
Total Labor Force
48,513
Unemployment Rate
3.84%
Median Household Income
$56,213
Warehouse Employees
6,218
High School Education Or Higher
90.20%

Leasing Agent

Leasing Agent

(862) 221-0672
Contact
Eric Demmers, Vice President
(862) 221-0672
Contact
Eric’s primary focus is on the industrial market, specializing in logistics and site selection. He represents local and corporate tenants and landlords in northern New Jersey, with a particular focus on port-related industrial properties along the Turnpike Corridor.

A professional possessing expertise in various areas including but not limited to product design, B2B / B2C sales, customer account and relationship management, logistical planning and streamlining, Ecommerce development and management, system analysis, data management, vendor management, project management, project mentoring and support, training, time critical information management, data warehouse development, validation and implementation.

Eric is the Founder of several companies: April 2010 Advance Clinical, LLC, clinical consulting specialists. October 2011, Cigar Manor, LLC, a luxury cigar and accessory distributor. April 2014, Pourbox, LLC, a modular beer dispensing system manufacturer and lessor

Prior to his entrepreneurial business, he worked in various positions in Pharma Development Operations at Hoffmann-La Roche Inc.
  • Listing ID: 30821707

  • Date on Market: 1/30/2024

  • Last Updated:

  • Address: 298 N Corporate Dr, Wilmington, NC 28401

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