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Anchored Retail Shopping Center
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3501 Oleander Drive, Wilmington, NC 28403

Shopping center anchored by Harris Teeter and Hobby Lobby with access and visibility along a heavily traveled drive corridor.

Space Size2,803 SF - 13,920 SF
Days on Market40

Property Features for 3501 Oleander Drive

General Information

Standard status Active
Size 2,803 SF - 13,920 SF
Property subtype Retail

Spaces For Lease

at 3501 Oleander Drive Contact us

Suite 1303-B

Size
6,009 SF
Type
Retail
Availability
Available
Contact us

Suite 1420

Size
2,803 SF
Type
Retail
Availability
Available
Contact us

Suite 3501-17A

Size
6,693 SF
Availability
Available
Contact us

Suite 3501-9

Size
13,920 SF
Type
Retail
Availability
Available
Contact us
Listing Agency: CBRE
Listed By: Jon Stanley
Source: Cbre
Added: Jul 24 Changed: Aug 31 Last Checked: Aug 31 at 12:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

This retail shopping center is anchored by Harris Teeter and Hobby Lobby. The property benefits from access and visibility along Oleander Drive, a heavily traveled corridor.

The center is centrally located in Wilmington, adjacent to Independence Mall. It is approximately 4 miles to Downtown Wilmington, 7 miles to Wrightsville Beach, and about 2 miles from the University of North Carolina at Wilmington. New Hanover Regional Medical Center is roughly 1.2 miles away.

With its established anchors and drive-corridor presence, the center offers a retail setting designed for strong day-to-day consumer access.

Key Highlights

  • Shopping center anchored by Harris Teeter and Hobby Lobby
  • Access and visibility along the heavily traveled Oleander Drive corridor
  • Located in Wilmington adjacent to Independence Mall

Property Analytics

Current Use

Great Outdoor Provision ... (Bike/Boat/Book/etc) Store Learning Express (Bike/Boat/Book/etc) Store Cardtronics ATM Atm K&W Cafeteria Cafe & Coffee Shop J. Michael's Philly ... Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Storage Facility Garden Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,134
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center anchored by Harris Teeter and Hobby Lobby with access and visibility along a heavily traveled drive corridor.
Where is this shopping center located?
The property is located at 3501 Oleander Drive Wilmington, NC.
What are key features of this property?
This property features: Shopping center anchored by Harris Teeter and Hobby Lobby; Access and visibility along the heavily traveled Oleander Drive corridor; Located in Wilmington adjacent to Independence Mall
More about this property
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