North Carolina Highway 132 (NC 132) is a north-south North Carolina State Highway entirely in New Hanover County. The highway follows College Road for the duration of its route. The southern terminus of NC 132 begins at U.S. Route 421 (US 421) in the census-designated place of Myrtle Grove south of Wilmington. Continuing north, NC 132 continues along a major north-south artillery road in the city of Wilmington. Between Shipyard Boulevard and its northern terminus, NC 132 runs concurrently with US 117. NC 132 shares a short concurrency at the eastern terminus of Interstate 40 (I-40), before continuing north toward Castle Hayne. The northern terminus of NC 132 is located at a roundabout with US 117 and NC 133 just south of the main business district of Castle Hayne.

Castle Hayne is a census-designated place (CDP) in New Hanover County, North Carolina, United States. The population was 1,202 at the 2010 census, up from 1,116 in 2000. It is part of the Wilmington Metropolitan Statistical Area.