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Located at the intersection of Dawson Street and Oleander Drive, this site is all about maximum visibility and exposure. The site sits in midtown Wilmington, NC. The traffic counts on Dawson Street total 24,000 Cars Per Day (CPD) and on Oleander Street approximately 22,000 CPD.
Area Demographics show the surrounding neighborhoods becoming younger with a heavy concentration of 30 somethings in a one mile radius and population of 12,004. Average income in the one mile radius is $48,424.00
The area of the property is one of redevelopment with several new apartment, mixed use and retail projects under way.
The proposed conceptual layout showcases a 5,500 sf building which will have one 1,900 sf Drive Thru Restaurant space with exterior seating. And three 1200 sf units we are projecting the units to be 24 feet by 50 feet deep.
The spaces will be delivered in Vanilla Shell condition, depending on tenant use and Landlord work there is an Tenant Improvement Allowance however it depends on the delivery conditions of the space.
The currant proposed site plan is working through the zoning process with the city and is subject to change.