4107-J Oleander Drive- Anderson Square

Retail-Commercial for Lease
Also listed as Office, Business Opportunity
Catylist Listing ID: 30522814
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Contiguous Space: 1,501 SF
Building Size (RSF): 1,501 SF
Gross Land Area: 1,501 SF
Lease Rate: $17 - 20 PSF (Annual)
Base Monthly Rent: $2,126 - 2,501
Lease Types: NNN
Ceiling: 10 ft.
Usable Size (USF): 1,501 SF
Last Updated: 9/27/2020

Overview / Comments

1501 SF Retail/Business Condo for sale in well-established Anderson Square Shopping Center. This Unit J provides an owner/occupant a great business location.

The open floor plan enables a large work area or could be up-fitted to client's needs. Anderson Square is located on Oleander in the popular mid-town area of Wilmington. Anderson Square has a combination of office, retail, restaurant and business services throughout the center. The combination unit has access to signage on the highly travels Oleander Drive.

The units (Unit I 1695 SF and Unit J 1501 SF) can also be purchased together.
This property is also being marketed together or by individual units. Great investment opportunity. Annual Taxes $2894.74 And CAM charge is $203.55 per month. Water/Sewer/Trash/Electric is the responsibility of the tenant.

Expand All Available Space

Suite: J 1,501 SF $17 - 20 PSF (Annual) NNN
Space Available: 1,501 SF
Lease Rate: $17 - 20 PSF (Annual)
$2,126 - 2,501 (Monthly)
Lease Type: NNN
Space Description: 1501 SF Retail/Business Condo for sale in well-established Anderson Square Shopping Center. This Unit J provides an owner/occupant a great business location.

The open floor plan enables a large work area or could be up-fitted to client's needs. Anderson Square is located on Oleander in the popular mid-town area of Wilmington. Anderson Square has a combination of office, retail, restaurant and business services throughout the center. The combination unit has access to signage on the highly travels Oleander Drive.

The units (Unit I 1695 SF and Unit J 1501 SF) can also be purchased together.
This property is also being marketed together or by individual units. Great investment opportunity. Annual Taxes $2894.74 And CAM charge is $203.55 per month. Water/Sewer/Trash/Electric is the responsibility of the tenant.
Date Available: 1/1/2020
Space Type: New
Tax Expenses $1.93 PSF (Annual)
CAM Expenses $1.63 PSF (Annual)
Rent Escalators Description To Be Negotiated

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington and New Hanover County
Tax ID/APN: R05518-026-015-010
Zoning: RB
Retail Clientele: General, Family, Business, Recreation, Convention
Property Located Between: Oleander Drive and Peach Street
Property Visibility: Good
Largest Nearby Street: Oleander Drive
Highway Access: Access to I 40, 421, 74/76
Airports: ILM
Site Description: Shopping Center
Area Description: Business, Retail, Entertainment, Government and Office
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1 SF
Property Condition: Excellent
Year Built: 2003
Year Renovated: 2009
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Brick veneer, Aluminum and commercial glass
Parking Type: Surface
Parking Description: Shopping center parking area
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Other
Interior Description: Set up for retail and wholesale customers, business services, private offices and general work areas
Zoning Description: Sec. 18-195. - RB, Regional Business District. (a) Purpose. This district is established to accommodate large commercial facilities offering goods and services meeting the needs of the city, county and regional residents. It is designed to locate at the intersections of major thoroughfares and occur in clustered patterns. The district is intended to encourage one-stop shopping at convenient and safely accessible locations. (b) Uses permitted by right. The following uses are permitted provided that they meet all requirements of this section and all other applicable requirements established in these regulations. (1) Amusement and recreation services, indoor. (2) Artists, commercial including silk screening. (3) Assembly hall. (4) Automobile and truck dealers, new and used. (5) Automobile care center. (6) Automobile parts and supply store. (7) Automobile renting and leasing. (8) Banking services. (9) Building material dealers. (10) Bus and taxi service. (11) Business services. (12) Carpet and upholstery cleaners. (13) Chimney and furnace cleaning. (14) Contractors office, general or special trade, with no outdoor storage. (15) Contractors' equipment and supply dealers and service, with no storage. (16) Convenience food stores. (17) Divers, commercial. (18) Drive-in theater. (19) Exterminating services, dwellings and other buildings. (20) Fuel and ice dealers. (21) Funeral home and crematory. (22) Furniture stores. (23) Gun sales, including repair. (24) Hospitals, except animal hospitals. (25) Janitor services. (26) Laboratories, testing. (27) Liquor stores. (28) Manufactured housing dealers. (29) Marina. (30) Motels and hotels. (31) Motorcycle dealers. (32) Movers, van lines and storage. (33) Movie theaters, excepts drive-in. (34) Nightclubs. (35) Offices, medical. (36) Offices, professional. (37) Parks and recreation areas, municipal. (38) Personal services. (39) Photography studios. (40) Post office. (41) Recreational vehicles and utility trailer dealers. (42) Research and development laboratories. (43) Residential hotels. (44) Restaurant, fast-food carry-out. (45) Restaurant, standard (sit-down). (46) Retail sales establishments. (47) Reserved. (48) Ship chandler. (49) Small engine repair, except automotive. (50) Social services. (51) Spas and health clubs. (52) Upholstery and furniture repair. (53) Veterinary service with enclosed pens. (54) Community center. (55) Recreation facility, private. (c) Uses permitted under prescribed conditions. The following uses are permitted provided that they meet all requirements of this section, Article 6, and all other applicable requirements established in these regulations. (1) Automotive services, except repair and towing services. (2) Auxiliary uses and wares. (3) Bowling alleys and pool halls. (4) Communication facilities. (5) Commercial parking lots. (6) Governmental uses outside public rights-of-way, except offices. (7) Group home supportive, large. (8) Group home supportive, medium. (9) Libraries. (10) Kennels, commercial boarders and breeders. (11) Religious institutions. (12) Residential unit contained within principal use. (13) Residential uses as allowed in Commercial District Mixed Use. (14) Schools, college and universities. (15) Schools, trade, correspondence and vocational schools. (16) Shopping center. (17) Skating rink, roller and ice. (18) Telecommunication facility, unattended. (19) Tire dealers and service. (20) Service station. (21) Utility stations and plants outside public rights-of-way (public and private) including lift stations, substations, pump stations, etc. (22) Electronic gaming establishments. (23) Day care, adult or child. (24) Breweries, small regional and microbreweries. (25) Artisan food and beverage producers. (26) Mini-warehousing, multi-story. (27) Homestay lodging. (28) Whole-house lodging. (d) Permitted by special use permit.
Part of Planned Development?: Yes
Lot Frontage: n/a
Lot Depth: n/a
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: as outlined in by-laws
Legal Description: Unit J Anderson Square PH II

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,485 86,544 137,013
Median Age: 35.52 35.54 36.77
Households: 4,355 37,278 59,136

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