1729 New Hanover Medical Park Drive offers a rare opportunity to own a fully renovated, move-in-ready medical office building in one of Wilmington’s most desirable healthcare corridors. Situated just off 17th Street and less than half a mile from Novant Health New Hanover Regional Medical Center, this property combines convenience, functionality, and long-term investment potential for medical professionals and investors alike.
Property Details
This impressive 23,082± square foot medical office building sits on approximately 2.3 acres and is zoned O&I-1, allowing flexibility for a variety of medical and professional office uses. The exterior features a classic brick façade paired with a standing-seam metal roof, offering both curb appeal and durability. The building underwent a full renovation in 2018, resulting in modern interiors, efficient layouts, and upgraded systems throughout.
The first floor spans more than 16,000 square feet and includes 20 wet exam rooms, administrative offices, and multiple procedure rooms, along with a covered drop-off and pick-up area for patient convenience. The 6,700+ square foot second floor features private offices, open workspaces, and additional exam rooms, ideal for multi-departmental practices or expanding medical teams. A 2-year leaseback from the current owner ensures stable revenue immediately upon purchase, with the potential for future owner occupancy.
About the Area
Located within Wilmington’s established medical district, 1729 New Hanover Medical Park Drive offers unmatched accessibility to major healthcare providers, laboratories, pharmacies, and complementary medical services. Its proximity to 17th Street provides quick access to nearby neighborhoods, downtown Wilmington, and key routes like South College Road and Oleander Drive. The surrounding area is a hub for healthcare professionals, making this property an excellent fit for a growing or established medical practice seeking visibility and connectivity in a thriving market.
With its modern amenities, prime location, and built-in income stability, this property represents a standout investment in Wilmington’s healthcare landscape. To learn more about 1729 New Hanover Medical Park Drive or to schedule a showing, contact the listing agent today.