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Independence Mall 3500 Oleander Dr 3,029 - 56,370 SF of Retail Space Available in Wilmington, NC 28403
Highlights
- Excellent exposure with dual frontage and access via Independence Blvd and Oleander Drive
- Situated in an area of strong residential growth and close to major community anchors
- Existing tenant mix includes national and regional retailers, dining, and service concepts
- Ongoing redevelopment introducing an open-air format, lifestyle-oriented design, and modern amenities
Space Availability (7)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1021 | 5,851 SF | 1-5 Years | $25.00 /SF/YR $2.08 /SF/MO $146,275 /YR $12,190 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1069 | 10,410 SF | 1 Year | $25.00 /SF/YR $2.08 /SF/MO $260,250 /YR $21,688 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1115 | 5,280 SF | 1-5 Years | $25.00 /SF/YR $2.08 /SF/MO $132,000 /YR $11,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1116 | 3,029 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste C006 | 6,137 SF | 1-5 Years | $25.00 /SF/YR $2.08 /SF/MO $153,425 /YR $12,785 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste F040 | 15,352 SF | 1-5 Years | $25.00 /SF/YR $2.08 /SF/MO $383,800 /YR $31,983 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste R20 | 10,311 SF | 1-5 Years | $25.00 /SF/YR $2.08 /SF/MO $257,775 /YR $21,481 /MO | Triple Net (NNN) |
3500 Oleander Dr - 1st Floor - Ste 1021
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
3500 Oleander Dr - 1st Floor - Ste 1069
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
3500 Oleander Dr - 1st Floor - Ste 1115
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
3500 Oleander Dr - 1st Floor - Ste 1116
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
3500 Oleander Dr - 1st Floor - Ste C006
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
3500 Oleander Dr - 1st Floor - Ste F040
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
3500 Oleander Dr - 1st Floor - Ste R20
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Independence Mall
- Tenant
- Description
- US Locations
- Reach
- Belk
- Dept Store
- 405
- National
- College of Wilmington Day Spa
- Salon/Barber/Spa
- 1
- Local
- Dick's Sporting Goods
- Sporting Goods
- 1,138
- International
- Dillard's
- Dept Store
- 343
- National
- JCPenney
- Dept Store
- 989
- National
- Lidl
- Supermarket
- 283
- International
| Tenant | Description | US Locations | Reach |
| Belk | Dept Store | 405 | National |
| College of Wilmington Day Spa | Salon/Barber/Spa | 1 | Local |
| Dick's Sporting Goods | Sporting Goods | 1,138 | International |
| Dillard's | Dept Store | 343 | National |
| JCPenney | Dept Store | 989 | National |
| Lidl | Supermarket | 283 | International |
Property Facts
| Total Space Available | 56,370 SF | Frontage | |
| Center Type | Regional Mall | Gross Leasable Area | 479,954 SF |
| Parking | 3688 Spaces | Total Land Area | 44.13 AC |
| Stores | 150 | Year Built | 1979 |
| Center Properties | 1 |
| Total Space Available | 56,370 SF |
| Center Type | Regional Mall |
| Parking | 3688 Spaces |
| Stores | 150 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 479,954 SF |
| Total Land Area | 44.13 AC |
| Year Built | 1979 |
About the Property
Independence Mall is a retail property situated in Wilmington, North Carolina, approximately 3.5 miles from the city’s downtown corridor. The center encompasses roughly 44 acres with a gross leasable area near 480,000 square feet and includes approximately 150 inline stores. The property was initially developed in 1979 and includes structured and surface parking supporting more than 3,600 vehicles. It occupies a location along Oleander Drive and Independence Boulevard, both of which are primary commercial routes through Wilmington. Redevelopment plans are underway to transition from an enclosed configuration to an open-air layout.
- Dedicated Turn Lane
- Food Court
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
Nearby Major Retailers
Presented by
Independence Mall | 3500 Oleander Dr
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