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Retail Storefront on Main Corridor
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5424 Oleander Drive, Wilmington, NC 28403

Recently improved storefront space with freshly sealed and striped parking and convenient ingress/egress along Oleander Drive.

Space Size1,954 SF - 3,880 SF
Property Size22,771 SF
Days on Market96

Property Features for 5424 Oleander Drive

General Information

Standard status Active
Size 1,954 SF - 3,880 SF
Total Parking Spaces 81
Property subtype Retail, Office

Building Details

Building Size 22,771 SF
Year Built 1997
Tenancy Multiple

Spaces For Lease

at 5424 Oleander Drive Contact us

Suite 8

Size
1,954 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 11

Size
2,035 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Space 4 and 5

Size
3,880 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Blue Coast Commercial
Listed By: Steve Hall · License #NC 255181
Source: Crexi
Added: Jun 2 Changed: Aug 13 Last Checked: Sep 3 at 4:01AM

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 Blue Coast Commercial

Investment Insights

Based on property information with market context.

5424 Oleander Drive offers clean, modern storefront space suited to a variety of neighborhood and destination retail uses. The property was recently improved with freshly sealed and striped parking, and suites benefit from direct access and easy ingress/egress for smooth customer flow.

Located on Wilmington’s primary retail corridor, the building provides prime frontage on Oleander Drive (US-76) with high visibility and prominent signage opportunities. The immediate setting is surrounded by dense residential neighborhoods and is positioned just minutes to Wrightsville Beach and Downtown Wilmington, supporting consistent year-round and seasonal traffic.

The center is described as a fit for retail, medical, fitness, salon, and service users seeking an established location along an active Wilmington consumer trade area.

Key Highlights

  • Year built 1997 with clean, modern storefronts along Oleander Drive (US‑76)
  • Freshly sealed and striped parking with suites positioned for parking directly in front
  • Convenient ingress/egress with easy access and strong traffic flow

Property Analytics

Current Use

Zumba with Wendy ... Gym & Fitness Center Jazzercise Wilmington Fitness ... Gym & Fitness Center Ethos Jiu Jitsu ... Training Center Rebel Yoga and Pilates Gym & Fitness Center Liberty's Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop Parking Lot & Garage

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

662
Businesses Nearby

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

Lease Benchmarks for Wilmington, NC

$39.75 /SF/Yr
Avg Asking Price
$23.03–$53.18 /SF/Yr
Price Range
7,734 SF
Avg Space Size

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?
Retail space - Recently improved storefront space with freshly sealed and striped parking and convenient ingress/egress along Oleander Drive.
Where is this retail space located?
The property is located at 5424 Oleander Drive Wilmington, NC.
What are key features of this property?
This property features: Year built 1997 with clean, modern storefronts along Oleander Drive (US‑76); Freshly sealed and striped parking with suites positioned for parking directly in front; Convenient ingress/egress with easy access and strong traffic flow
(910) 279-3227 Call to check price and availability
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