4016 Oleander Dr | Wilmington, NC 28403
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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
Building Height
1 Story
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
| Parcel Number | R06106-005-031-003 | Improvements Assessment | $689,900 |
| Land Assessment | $440,900 | Total Assessment | $1,130,800 |
PROPERTY TAXES
Parcel Number
R06106-005-031-003
Land Assessment
$440,900
Improvements Assessment
$689,900
Total Assessment
$1,130,800
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