4107-I Oleander Dr

For Sale

4107-I Oleander Dr, Wilmington, NC 28403

This Wilmington property for sale is located at 4107-I Oleander Dr. The general use of 4107-I Oleander Dr is retail and it incorporates 2,400 square feet of class C retail space. The current listed sale price for 4107-I Oleander Dr is $525,000. 4107-I Oleander Dr is situated on a lot that is 0.22 acre in size.

Contacts

Luke Mello

Lee & Associates Raleigh Durham Wilmington

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,400 SF
  • Units 1
  • Lot Size 0.22 Acre
  • Building Class C
  • Year Built 1965
  • Date Updated Jul 20, 2026
4107 Oleander Drive, Unit I is ideally situated along Oleander Drive, one of Wilmington’s most established commercial corridors and a primary connector between Downtown Wilmington, Midtown Wilmington, and Wrightsville Beach. The location benefits from significant daily traffic and serves a dense surrounding population of residents, professionals, and visitors traveling to the area’s retail, medical, and recreational destinations4107 Oleander Drive, Unit I presents an opportunity to acquire a 1,694-square-foot retail condominium in Wilmington’s highly desirable Midtown commercial corridor. Offered as an investment property, the condo is leased to an established tenant through December 2029, providing immediate cash flow and income stability.
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Highlights

  • 1,694 SF Retail Condominium strategically located in Wilmington’s highly desirable Midtown commercial corridor.
  • Cap Rate: 7.30%
  • Excellent 1031 Exchange or Portfolio Addition with predictable income, a strategic location, and positioning within one of Wilmington’s strongest retail submarkets.
  • Investment Opportunity with Tenant in Place providing immediate income and lease secured through December 2029.
  • Low-Maintenance Condo Ownership allowing investors to acquire a commercial asset without the responsibilities of a standalone building.
  • Prime Oleander Drive Location offering excellent visibility and convenient access to Downtown Wilmington, UNCW, Wrightsville Beach, and major thoroughfares.
  • Professionally Maintained Commercial Asset ideal for investors seeking stable cash flow and long-term appreciation potential.
  • Sale Price: $525,000
  • Strong Surrounding Demographics with a dense mix of residential neighborhoods, retail centers, medical offices, and professional businesses driving consistent consumer traffic.

Attachments

Getting around

  • 71/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 50/100

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Location

  • City Wilmington, NC
  • Neighborhood Pineywoods
  • Zip Code 28403
  • Market Wilmington

Points of Interest

  • Valero

    0.06 miles

  • Go Gas

    0.48 miles

  • BP

    1.29 miles

  • Exxon

    1.62 miles

  • Sunoco

    1.79 miles

  • Sam's Club

    1.84 miles

  • Tesla Supercharger

    4.24 miles

  • Lot K

    1.17 miles

  • Field Parking

    1.33 miles

  • Lot A

    1.34 miles

  • Lot J

    1.41 miles

  • Lot N

    1.43 miles

  • Lot F (Visitor Parking)

    1.46 miles

  • Lot M (Visitor Parking)

    1.46 miles

  • Lot M

    1.46 miles

  • Lot B

    1.47 miles

  • Lot AA

    1.54 miles

  • Pizzetta’s Pizzeria

    0.01 miles

  • Flaming Amy's Burrito Barn

    0.17 miles

  • Mellow Mushroom

    0.26 miles

  • Chipotle

    0.45 miles

  • Hardee's

    0.47 miles

  • Jimbo's Breakfast and Lunch House

    0.48 miles

  • Denny's

    0.51 miles

  • A Taste of Italy

    0.52 miles

  • McDonald's

    0.70 miles

  • Moe's Southwest Grill

    0.71 miles

  • Whole Foods Market

    0.38 miles

  • Trader Joe's

    0.50 miles

  • Independence Mall

    0.69 miles

  • Harris Teeter

    0.72 miles

  • Big Lots

    1.05 miles

  • Lowes Foods

    1.58 miles

  • Food Lion

    1.83 miles

  • Tidal Creek Co-op

    1.93 miles

  • Ross

    1.95 miles

  • TJ Maxx

    2.09 miles

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