- For Lease $29,500.00/MO
- Property Type VacantLand
- Property Size 154,202.4 SF
- Lot Size 3.54 Acre
- Date Updated Apr 21, 2026
True
1 Space Available
Land Available
VacantLand
$29,500.00/MO
3.54 Acre
3.54 - 3.54 Acre
Immediate
Yes
No
We are pleased to present this rare ground lease opportunity comprising approximately 3.54 acres near the highly trafficked intersection of Oleander Drive and College Road in Wilmington, North Carolina.
Strategically positioned in one of Wilmington’s most vibrant commercial corridors, the site offers excellent visibility and accessibility, making it ideal for a wide range of retail, service, or mixed-use development. The property is currently improved with three structures: Tandoori Bites restaurant, Carolina BBQ & Seafood, and a residential building. Please do not disturb existing tenants.
This offering presents a unique chance to secure a long-term lease in a high-demand area with strong demographics, traffic counts, and proximity to major retailers, schools, and residential neighborhoods.
At this location at the intersection of Long Leaf Park, College Road sees up to 50,223 vehicles per day (NCDOT 2024).
$100,000 per acre annually—ability to subdivide
Contacts
CapeFear Commercial
CapeFear Commercial
