Freestanding Restaurant
New
For Lease
Contact for pricing
4016 Oleander Dr, Wilmington, NC 28403
Dining, kitchen, office, and restroom areas are already configured within the building.
Space Size3,200 SF
Lot Size0.45 Acres
Days on Market5
Property Features for 4016 Oleander Dr
General Information
Standard status
Active
Size
3,200 SF
Net Rentable
3,200 SF
Total Parking Spaces
38
Lot size
0.45 Acres
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Available Space
3,200 SF
Contiguous Space
3,200 SF
Additional Details
Road Access
Yes
Grease Trap
Yes
Building Details
Building Size
3,200 SF
Spaces For Lease
at 4016 Oleander Dr
Pizza Hut Oleander Dr
$8,533/Mo
Size
3,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
FOR LEASE | 4016 Oleander Drive | Wilmington, NC
Rare opportunity to lease a second-generation, freestanding restaurant space along the highly traveled Oleander Drive corridor.
Home to Pizza Hut for approximately 50 years, this 3,200 SF building sits on 0.45 acres and offers excellent visibility, ample parking, and convenient access to the signalized intersection of Oleander Drive and 41st Street. Landlord is willing to provide TIA or rent abatement depending on lease terms.
Property Highlights:
Building Size: 3,200 SF
Lot Size: 0.45 Acres
Parking: 38 spaces
Freestanding building with excellent visibility along Oleander Drive.
Rear access to the signalized intersection at 41st Street and Oleander Drive.
Existing layout includes dining area, commercial kitchen, office, and multiple restrooms.
Grease trap and walk-in cooler in place.
Suitable for continued restaurant use or conversion to traditional retail space.
Tenant is still in place. Please DO NOT disturb tenant. Contact agent for showing instructions.
Contact us
Listing Agency:
Maus, Warwick, Matthews & Co.
(910) 791-0400
Listed By:
John Futch
(919) 619-3010
Source:
Moodyscre
Added: Oct 14
Changed: Oct 17
Last Checked: Oct 17 at 2:19AM
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 Maus, Warwick, Matthews & Co.
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Investment Insights
Based on property information with market context.
This freestanding restaurant property contains 3,200 square feet on a 0.45-acre parcel. The existing interior includes a dining area, commercial kitchen, office, and multiple restrooms, along with a grease trap and walk-in cooler. The building has operated as a Pizza Hut location for approximately 50 years, and a tenant remains in place.
The property is at 4016 Oleander Drive in Wilmington, with rear access to the signalized intersection of Oleander Drive and 41st Street. On-site parking includes 38 spaces. The space is suited to continued restaurant use or conversion to traditional retail.
The property is at 4016 Oleander Drive in Wilmington, with rear access to the signalized intersection of Oleander Drive and 41st Street. On-site parking includes 38 spaces. The space is suited to continued restaurant use or conversion to traditional retail.
Key Highlights
- 3,200‑square‑foot freestanding restaurant building on 0.45 acres
- Existing dining area, commercial kitchen, office, and multiple restrooms
- Grease trap and walk‑in cooler in place
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Grease trap
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,739
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Hibachi Grill Buffet — 1039 College Rd #102, Wilmington, NC 28403
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining, kitchen, office, and restroom areas are already configured within the building.
Where is this conventional restaurant located?
The property is located at 4016 Oleander Dr Wilmington, NC.
What is the lease rate?
The lease rate is $8,533/Mo.
What are key features of this property?
This property features: 3,200‑square‑foot freestanding restaurant building on 0.45 acres; Existing dining area, commercial kitchen, office, and multiple restrooms; Grease trap and walk‑in cooler in place
