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4016 Oleander Dr
Wilmington, NC 28403

Pizza Hut · Retail Property For Sale

Investment Highlights

  • University of North Carolina Wilmington – Located just 2 miles from UNCW, a top 100 public university with an enrollment of over 17,500 students
  • High Traffic Intersection – The subject property is located near the Oleander Dr/41st St intersection, which sees 52,000 cars per day.
  • SDS Restaurant Group, LLC has more than 60 Pizza Hut locations and is a seasoned operator for the brand
  • Major Retail Corridor – The property is ideally situated next to many national retailers such as Walmart Supercenter, Lowe’s, Target, Publix, and more
  • Dense and Growing Demographics – 150,000 people within a 5-mile radius and positive population growth projected within a 1, 3, and 5-mile radius
  • The lease features fixed rental increases every 5-years, providing a hedge against inflation and future value generation.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,240 SF
Building Class
C
Year Built
1972
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Lot Size
0.45 AC
Zoning
CB
Parking
25 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
51 ft on Oleander Dr

Amenities

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R06106-005-031-003
Land Assessment
£345,357
Improvements Assessment
£540,399
Total Assessment
£885,756
  • Listing ID: 25842090

  • Date on Market: 02/06/2022

  • Last Updated:

  • Address: 4016 Oleander Dr, Wilmington, NC 28403

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