Former Chuck-E-Cheese Location

Retail-Commercial for Lease
Lease Pending
Also listed as Office, Vacant Land
Catylist Listing ID: 30660427
Property Subtypes: Car Wash, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related
Status: Pending
Contiguous Space: 4,000 - 9,600 SF
Building Size (RSF): 9,600 SF
Gross Land Area: 1.60 Acres
Lease Rate: $22 PSF (Annual)
Base Monthly Rent: $17,600
Lease Types: NNN
Usable Size (USF): 9,600 SF
Last Updated: 4/1/2021

Overview / Comments

Rate offered is based on AS IS without consideration of TIA. 4389 Oleander is a prominent re-development site ideally positioned for businesses needing a high traffic, maximum road side exposure located on the Oleander corridor in Wilmington's Midtown submarket. The property is available For Sale, For Lease or for select Build-to-Suit opportunities. Formerly occupied by Chuck E. Cheese, the building measures 9,600 SF, on a 1.6 acre site with 170' of road frontage. Full movement ingress from Oleander Drive provides ready access for the AADT of 29,000.

The property benefits from the continued population and job growth occurring in the Greater Wilmington North Carolina region, which have exceeded national averages over the past 20-years. Wilmington MSA is 280,000 with a larger three-county trade area up to 450,000.

Prominent retailers on the corridor include: Capitol Ford, Mellow Mushroom, Harris Teeter, Whole Foods, Trader Joe's, Chick-Fil-A, Starbucks, CVS, Walgreens, Dunkin Donuts, US Cellular, Advanced Auto, Autozone, Mac's Speed Shop, Batteries Plus, Dick's Sporting Goods, Lidl, Ulta, Five Below, Hobby Lobby and more!

1.6 Acres with 170' of frontage
Zoned RB (Regional Business)
9,600 Square Feet
Outstanding roadside visibility
Full movement ingress on Oleander Drive
Prominent signage opportunities

Expand All Available Space

Suite: TBD 9,600 SF $22 PSF (Annual) NNN
Status: Pending
Space Available: 9,600 SF
Minimum Divisible: 4,000 SF
Lease Rate: $22 PSF (Annual)
$17,600 (Monthly)
Lease Type: NNN
Space Description: Rate offered is based on AS IS without consideration for TIA. 4389 Oleander is a prominent re-development site ideally positioned for businesses needing a high traffic, maximum road side exposure located on the Oleander corridor in Wilmington's Midtown submarket. The property is available For Sale, For Lease or for select Build-to-Suit opportunities. Formerly occupied by Chuck E. Cheese, the building measures 9,600 SF, on a 1.6 acre site with 170' of road frontage. Full movement ingress from Oleander Drive provides ready access for the AADT of 29,000.

The property benefits from the continued population and job growth occurring in the Greater Wilmington North Carolina region, which have exceeded national averages over the past 20-years. Wilmington MSA is 280,000 with a larger three-county trade area up to 450,000.

Prominent retailers on the corridor include: Capitol Ford, Mellow Mushroom, Harris Teeter, Whole Foods, Trader Joe's, Chick-Fil-A, Starbucks, CVS, Walgreens, Dunkin Donuts, US Cellular, Advanced Auto, Autozone, Mac's Speed Shop, Batteries Plus, Dick's Sporting Goods, Lidl, Ulta, Five Below, Hobby Lobby and more!
Space Subcategory: Net Leased, Medical
Date Available: 10/21/2020
Lease Term: 120 Months
Space Type: New
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06106-002-014-002
Zoning: RB - REGIONAL BUSINESS
Retail Clientele: General, Business
Property Visibility: Excellent
Feet of Frontage: 170
Traffic/Vehicle Count: 29,000
Property Condition: Fair
Year Built: 1984
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,485 82,434 142,904
Median Age: 35.52 35.65 37.2
Households: 4,355 35,606 61,537
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