4107-I Oleander Dr

Investment Overview

4107 Oleander Drive, Unit I presents an opportunity to acquire a 1,694-square-foot retail condominium in Wilmington’s highly desirable Midtown commercial corridor. Offered as an investment property, the condo is leased to an established tenant through December 2029, providing immediate cash flow and income stability.

Investment Highlights

• 1,694 SF Retail Condominium strategically located in Wilmington’s highly desirable Midtown commercial corridor.
• Investment Opportunity with Tenant in Place providing immediate income and lease secured through December 2029.
• Prime Oleander Drive Location offering excellent visibility and convenient access to Downtown Wilmington, UNCW, Wrightsville Beach, and major thoroughfares.
• Strong Surrounding Demographics with a dense mix of residential neighborhoods, retail centers, medical offices, and professional businesses driving consistent consumer traffic.
• Professionally Maintained Commercial Asset ideal for investors seeking stable cash flow and long-term appreciation potential.
• Low-Maintenance Condo Ownership allowing investors to acquire a commercial asset without the responsibilities of a standalone building.
• Excellent 1031 Exchange or Portfolio Addition with predictable income, a strategic location, and positioning within one of Wilmington’s strongest retail submarkets.
• Cap Rate: 7.30%
• Sale Price: $525,000