Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self...

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Property Highlights Previously refrigerated food storage warehouse. 100% sprinklered space. Drive up and drive in docks. Parking lot to be paved. Main floor office and showroom, with mezzanine office space. Built: 1970 Rentable Sq. Ft.: 20,894 Price per Sq. Ft.: $4.00 (lease only) Lease Price $4 psf (gross) Gross Fee Buy Side 3% property photo Warehouse 112 N. Church Street, Zebulon NC 27597 B. Carter Kennemur 919-971-6220 Zebulon, NC [email protected] http://listing.loopnet.com/16070949

Transcript of Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self...

Page 1: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Previously refrigerated food storage

warehouse. • 100% sprinklered space. • Drive up and drive in docks.• Parking lot to be paved. • Main floor office and showroom,

with mezzanine office space.

Built: 1970Rentable Sq. Ft.: 20,894Price per Sq. Ft.: $4.00 (lease only)

Lease Price

$4 psf (gross)

Gross Fee Buy Side

3%

property photo

Warehouse112 N. Church Street, Zebulon NC 27597

B. Carter Kennemur919-971-6220Zebulon, [email protected]

http://listing.loopnet.com/16070949

Page 2: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• NNN Jiffy Lube• 8 Bay Self Serve Car Wash• .47 Acres Zoned B2• Hard corner on Dion Ave.

Built: 1981, Wash rehab 2007Rentable Sq. Ft.: 2,345 Wash, 1,238 JiffyPrice per Sq. Ft.: $167CAP Rate: 8.0NOI: $47,777 (2008)Financing: Cash to sellerDown Payment: Seller may carry 10% secondMajor Tenants: Jiffy Lube- Shell Oil

Guarantee

Price

$599,000Gross Fee Buy Side

$17,970

property photo

Jiffy Lube & Car Wash6167 Independence Blvd. Charlotte NC 28212

Rob Cassam, CCIM704-442-1774 Ext.100Charlotte [email protected]

Property Link: http://www.charlottencproperty.com/Reports/carwash.p df

Page 3: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 25 Unit Apartment, 2 Buildings, 1.4 Acres• 10 Storage Units• All units have central HVAC and exterior is

brick and vinyl.

Built: 1974Rentable Sq. Ft.: 14,520Price per Sq. Ft.: $103CAP Rate: 9.0NOI: $135,315 (2008)Financing: Cash to sellerDown Payment:Major Tenants: Residential

Price

$1,499,000Gross Fee Buy Side

$37,475

property photo

Nottingham Apartments915 Tenth Ave. Gastonia NC 28054

Rob Cassam, CCIM704-442-1774 Ext.100Charlotte [email protected]

Property Link: http://www.charlottencproperty.com/Reports/nottingha m.pdf

Page 4: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 3 pad sites available as a package or

individually with acceptable offer:• Lynhaven Pad – 0.849 Acres• Corner Pad – 1.034 Acres• Hudson Pad – 0.987 Acres

• Located adjacent to Food Lion-anchored center• Ideal for gas station, restaurant or automotive• Seller would consider Seller Financing for

Qualified Buyer seeking to purchase all three• $200,000 price reduction from our Virtual

Dealmaking Session in January 2009

Price

$600,000Gross Fee Buy Side

$24,000Hudson Corners1020, 1022, 1026 W. Hudson Blvd., Gastonia, NC

http://sale.svn.com/HudsonCorner

Eddie Blanton, CCIM704-759-3800 ext. 11Charlotte, [email protected]

Jeff Mullis, CCIM704-759-3800 ext. 30Charlotte, [email protected]

Page 5: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Great Sign Capability on Main Road• Can be Subdivided into 2-3 Offices• Location in the Heart of Downtown Matthews

Built: 1985Rentable Sq. Ft.: 4,230Price per Sq. Ft.: $146.57Proforma CAP Rate: 10.91%

Price

$620,000Gross Fee Buy Side

$18,600Griffin Square Office/Retail165 S. Trade St., Matthews, NC

Eddie Blanton, CCIM704-759-3800 x11Charlotte, [email protected]

Property Link:http://sale.svn.com/165tradestreet

Page 6: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Great mixed-use development site• Wide range of sales tax exemptions• 20 minutes to Charlotte Douglas airport• 20 minutes to I-485 and Hwy 49• Price reduced from original 1.2 million • May consider JV w/Investor/Developer

Price

$875,000Gross Fee Buy Side

$26,250

Hwy 55 & Old CambridgeClover, SC

http://sale.svn.com/cloversc

Eddie Blanton, CCIM704-759-3800 ext. 11Charlotte, [email protected]

Sq. Ft: 160,000Acres: 3.68Parcel Number: 0100601113Price per Sq. Ft.: $5.46Price per Acre: $237,127Financing Terms: Cash to seller

Page 7: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Great Potential for Secured Warehouse Space• Located Minutes from the Center City of Charlotte• Easy Access to All Interstates Serving Charlotte• Central Area Can Serve as Main/Satellite Location• Signage Available on Building and Street• Occupied by Loomis, Fargo & Co. since 1986

Built: 1947/1984Total Sq. Ft: 15,000Rentable Sq. Ft.: 15,000Sale Price/Sq. Ft.: $59.67Lease Rate/Sq. Ft: $4.50 NNN

Price

$895,000Gross Fee Buy Side

$26,850Industrial Space1424 N. Tryon St., Charlotte, NC

Eddie Blanton, CCIM704-759-3800 x11Charlotte, [email protected]

Property Link:http://lease.svn.com/1424NTryon

Page 8: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Price$835,000

Gross Fee Buy SideMust be paid by your investor

Dollar General107 E Clay Street Mebane NC 27302

Property Highlights

Single –tenant Dollar General store located in downtownMebane, NC on 1.2 acres with on-site parking.

107 E. Clay Street, Mebane, NC 27302

, p g

Excellent 1031 Exchange opportunity

Current lease expires 6/30/2012 w/ five 5-year options

Built: 1942/2005 renovation

Rentable Sq. Ft.: 12,540Rentable Sq. Ft.: 12,540

Price per Sq. Ft.: $66.59

CAP Rate: 8.25%

COC: 8.84%

Financing: 6.5%, 25 yrs., 80% LTV

Down Payment: $167,000

Major Tenants: Dollar GeneralRick Baker, CCIM336-722-4512Wi t S l NCWinston-Salem, [email protected]

Page 9: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights

New 240 unit Class A Apartment Complex and five acre office park

located in new 213 acre Arrowhead Mixed-use Development

in Mebane, NC.

Other Proposed Arrowhead Development users include: Tanger

Outlet Center (550,000sf), Alamance County Regional Hospital facility

(59,000sf), Mebane YMCA, 300 Single family homes and

six commercial outparcels.

Brown Investment Properties, Inc. is seeking $4,500,000 of total equity

for this $18,000,000+ development.

Built: Proposed 2009 construction

Rentable Sq. Ft.: 242,580 (apartments only)

Price per Sq. Ft.: $75.74

CAP Rate: 7.5%

COC: 7.39%

Financing: 7.0%, LTV: 80%, 30 years

Major Tenants: N/A

Carden Place Apartments1106 Mebane Oaks Road, Mebane, NC 27302

Rick Baker, CCIM

336-722-4512

Winston Salem, NC

[email protected]

Gross Fee Buy SideMust be paid by your investor

Price

$1,000,000-$4,500,000

Page 10: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Excellent 1031 Exchange• New Construction• New 10 year lease• Corporate Guarantees• Recession Proof Tenant• Same store sales growth of 10%+• Minimal Property Management

Delivery Date: Micro, NC - February 2009Sax., NC - April, 2009

Rentable Sq. Ft.: 9,014CAP Rate: Micro, NC 7.75%

Saxapahaw, NC 8.0%

PriceMicro, NC $812,000Sax., NC $949,275

Gross Fee Buy Side$20,300$23,730

Dollar GeneralMicro, NC and Saxapahaw, NC

George Venters, CCIM

(919) 459-2602Raleigh, [email protected]

Page 11: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Excellent 1031 Exchange• Publically Traded Tenant (NYSE: AAP)• Corporate Guarantees• Located at Signalized Intersections• Above Average Store Sales• Minimal Property Management

Year Built: Clayton, NC - 2003Ashe., NC - 2002

Rentable Sq. Ft.: 7,000CAP Rate: 8.25%

PriceClayton, NC $1,212,000Asheboro, NC $1,030,305

Gross Fee Buy Side$30,300$25,750

Advance AutoClayton, NC and Asheboro, NC

George Venters, CCIM

(919) 459-2602Raleigh, [email protected]

Page 12: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property HighlightsFlat lotWater, sewer, gasPaved public road

4.06 acres Zoned Industrial1, Raleigh, NC$6.89/sf.House and outbuildingsClose to I540 and Capital Blvd.

Price

$1,200,000Gross Fee Buy Side

$36,000Property Name3011 Gresham Lake Road, Raleigh

Mark Howe, CCIM919-227-5519Raleigh, [email protected]

Agent Photo

www.trademarkproperties.com

Page 13: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• BRAC growth related opportunity• 8 miles to main gate at Fort Bragg• Affiliated w/ Anderson Creek Club

(upscale residential golf community)• Will have interior access to ACC• Opportunity for development to serve influx

of upper echelon military personnel relocating to Ft Bragg

• Big play for upscale Hospitality – both meeting space and lodging

• Other plays: Healthcare, upscale Retail

Price: $11.8 M ($200K/Ac)Gross Fee Buy Side: 2.5%

Anderson Creek Club Commercial Site, 58.99 AcIntersection of Overhills and Ray Roads, Spring Lake, Harnett Co, NC

Mary Jane Bartlett, P.E.910.890.0353

Mark Howe, CCIM919.961.5559

COLDWELL BANKER COMMERCIALTradeMark Properties

RALEIGH, NC

Property Link: www.cbcworldwide.com

Page 14: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 2 buildings, 500+ feet of road frontage• 6 bays, fenced storage yard• Easy North and South access• 18,000 vehicles per day traffic count

Built: 1990 Rentable SF: 15,876 on 5.64 acresSale Price per sf: $88.18Uses: Automotive, Tire/Repair/Mtc., IndustrialZoning: Highway Business

Price

$1,400,000Gross Fee Buy Side

3%Former Ford DealershipHwy 220/Future I 73/74, Madison, NC

Chad Gimbert336-644-1616Oak Ridge, [email protected]

Agent Photo

Property Link:

Page 15: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• All parcels on AM side of traffic flow• Strong NW Guilford County Demographics• 22,000 vehicles per day traffic count

Available: December 2008 4 Outparcels including “hard corner”Land Price per sf: $18-22.00Major Tenants: Food Lion, Novant HealthcareUses: Restaurant, Retail, Bank, C-Store

Price

$1,742,400Gross Fee Buy Side

3%Kings CrossingHwy 68 and Haw River Road, Stokesdale, NC

Chad Gimbert336-644-1616Oak Ridge, [email protected]

Agent Photo

Property Link:

Page 16: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 1 Fully Rehabbed• 2 Great Tenant Amenities• 3 Stabilized Rent Roll

Built: 1970’s Const. / Rehabbed in ’07 & ‘08Rentable Sq. Ft.: 51,060 sq ft (per City)Price per Sq. Ft.: $51.90CAP Rate: 9.1%COC: 16.7% Before / 13.87% After ReservesFinancing: 80% LTV Quoted by First NiagaraBank at mid to high 5%’s based on BuyerDown Payment: 20%

Price

$2,650,000Gross Fee Buy Side

$30,000

property photo

Apple Creek 265 Denison Parkway, Corning, NY

Jay Verro, CCIM518-453-1625Albany, [email protected]

Agent Photo

Call or email request for a Full Package

Page 17: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights

• 11 acres between Super Wal-Mart and Luxury Ranch Condos

• Zoned for retail, office or up to 22 dua senior housing

• Just off I-485 at Highway 16• Close to medical, shopping and Mountain

Island Lake

Price

$2,850,000Gross Fee Buy Side

$85,500Mtn. Island OutparcelsHwy 16 @ Mt. Holly-Huntersville Road Charlotte, NC

Edna Chirico, CCIM704.562.8847Charlotte, [email protected]

Agent Photo

Property Link: sale.svn.com/mtislandoutparcels

Page 18: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights

• 6 Rite Aid Stores sold individually or as a group

• Prices range from $1,537,349 to $3,894,000 – averaging 8 cap

• All on 30-year leases with 10% bump in 10th year

• All absolute triple net leases• All stores in great locations in mid-

size cities

Price

$15,361,259Gross Fee Buy Side

3%Rite Aid StoresEastern North Carolina

Edna Chirico, CCIM704.562.8847Charlotte, [email protected]

Agent Photo

Page 19: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 33.24 Acres• ZONED for 224 Apartments/Townhomes• Excellent Access to major corridors-I-40

and Hwy 55• Adjacent to existing townhomes and

retail/grocery

$2,600,000Gross Fee Buy Side

3.0%S. Roxboro Rd, 33.24 AcresDurham, NC

Brian Carr919-791-2113Raleigh, [email protected]

http://properties.collierspinkard.com/nc/ral/Land/SRo xboroStreet/SRoxboroStreet.pdf

Page 20: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 6.25:1000 Parking Ratio• 60K SF, Three Story Office Building

(Previously IBM Campus)• Recently Renovated Lobby• VERY Motivated Seller• For Lease $9.95 NNN

Built: 1987Rentable Sq. Ft.: 60,000Price per Sq. Ft.: $58.00Financing: Seller 18 mos – 3 yearsDown Payment: Neg

$3,500,000($58 PSF)

Gross Fee Buy Side

3%Pinnacle Park Corporate CenterDurham, NC

Brian Carr, CCIM919-791-2113Raleigh, [email protected]

http://properties.collierspinkard.com/nc/ral/office/pinn aclepark/pinnacleparkIV.pdf

Page 21: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• 24,335 SF Building

• 12,459 SF For Lease-Large classroom/office setting

• Generator on Site servicing entire building

• 11,876 Leased to Credit Tenant

• Additional off site parking available.

$3,600,000($147 PSF)

Gross Fee Buy Side

2.5%

Concourse Business Center-SALE OR LEASE200 Sorrell Grove Church RdMorrisville, NC

Brian Carr919-791-2113Raleigh, [email protected]

Page 22: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Owner Financing Possible• Projected IRR of 20%+• Immediately adjacent to Research Triangle

Park• All approvals, entitlements and construction

drawings complete

Price

$5,500,000Gross Fee Buy Side

$137,500

property photo

Rustica OaksDurham/RTP, NC

Jay Taylor, CCIM(919) 833-8560Raleigh, [email protected]

Agent Photo

http://sale.svn.com/rtpland Total Land Acres: 69Total Planned Lots: 276Price per Acre: $79,710Price per Planned Lot: $19,927

Page 23: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights

• Tremendous location adjacent to successful Brier Creek PDD with Glenwood Avenue visibility AND access

• Property rezone complete• Priced below comparable sales• EXTREMELY motivated seller—Bring all

offers!

Price

$5,650,000Gross Fee Buy Side

$141,250

property photo

Brier Creek Apartment Site Raleigh, NC

Jay Taylor, CCIM(919) 833-8560Raleigh, [email protected]

Agent Photo

http://sale.svn.com/briercreekAcres: 42Approved Units: Up to 416Zoning: TD

Page 24: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Inner Beltline• Covered Parking• Oversized Elevator

Built: ProposedRentable Sq. Ft.: 24,500Major Tenants: Medical

Price

$20/ftGross Fee Buy Side

4%

property photo

Six Forks Place III353 E six Forks Road, Raleigh, NC

Greg Hobbs919-805-1893Raleigh, [email protected]

Agent Photo

www.hobbsproperties.com

Page 25: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Furnished• 775 Seat Sanctuary• 25.94 Acres

Built: 2004Sq. Ft.: 30,000Parking: 188 paved

Price

$4,000,000Gross Fee Buy Side

4%

property photo

1100 Eagle Rock RoadWendell, NC

Greg Hobbs919-805-1893Raleigh, [email protected]

Agent Photo

www.hobbsproperties.com

Page 26: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights

• Just 30 minutes South of Charlotte

• +/- 382 Acres

• 729 Lots (50, 60 & 70-Foot Lots)

• Up to 30+ Docks Available on the Catawba

River

• 4,000 Feet Frontage on Catawba River

• Water/Sewer/High Density Zoning

Price$17,000/ac.Bring Offer!

Gross Fee Buy Side

$162,350

property photo

Courtney on The CatawbaRiver Road, Fort Lawn SC 29714

Van Southard, MBA, CCIM(704) 882-1700, x224Indian Trail NC [email protected]

Agent Photo

Property Link:www.themosergroupinc.com

Page 27: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• +/- 49 Acres• Excellent location with easy access to

Hwy. 74 and just off I-485• Adjacent to Hendrick’s 200-Acre Autoplex• Demand for frontage with multiple offers

from outparcel users• The best retail site in Union County!

Price

$20,000,000Gross Fee Buy Side

$600,000

property photo

Gateway CommonsUS Hwy. 74, Stallings NC 28104

Van Southard, MBA, CCIM(704) 882-1700, x224Indian Trail NC [email protected]

Agent Photo

Property Link:www.themosergroupinc.com

Hendrick’s

Page 28: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Excellent location on US Hwy. 74 at Wesley

Chapel-Stouts Rd.• Anchor Tenant Lowes Home Improvement• Traffic Count 50000+ Cars Per Day in the

heart of the fastest growing county in NC

property photo

Sun Valley MarketplaceHwy. 74 @ Wesley Chapel Stouts Rd.Indian Trail NC

Van Southard, MBA, CCIM(704) 882-1700, x224Indian Trail NC [email protected]

Agent Photo

Property Link:www.themosergroupinc.com

OUTLOT#6

Gross Fee Buy Side$506,175

Page 29: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

Property Highlights• Parcel 5• Excellent Visibility from I-277• Access from Stonewall and McDowell Streets• Ready for Mixed-Use Development• Buyer’s Agent Only

Size: 2.28 acres (99,317 SF)Price per Sq. Ft.: $91.00CAP Rate: COC:Financing: Ground Lease PossibleDown Payment:Major Tenants:

Price

$9,037,900

property photo

I-277 at Stonewall and McDowell StreetsCharlotte, North Carolina

Robert W. Drayton(704) 336-3300Charlotte, North [email protected]

Agent Photo

Property Link: http://wwcharmeck.org/gatewaycharlotte/index.html

Page 30: Warehouse Gross Fee Buy Side $4 psf (gross)...Property Highlights • NNN Jiffy Lube • 8 Bay Self Serve Car Wash • .47 Acres Zoned B2 • Hard corner on Dion Ave. Built: 1981,

PROPERTY HIGHLIGHTS:

OWNER: Weyerhaeuser 3,500 residences including multifamily.80 acres retail/office/medical.All or part for sale.Two school sites – Elementary in 4th qtr., 2009 $24 million in wetlands and stream credits.On the main north/south arterial.(5) year projected increase of 75K residents Water and sewer to site with full capacity.Land investor opportunity w/ 10 yr. buildout.628 acres allocated for green/open space.+/- 2,150 total acres master plan community.Fully entitled.Motivated Seller!NOT publicly listed!

Price

$28 MGross Fee Buy Side

$ TBD

property photo

STATESIDEGum Branch & Ramsey Rds., Jacksonville NC

John Aultman910.350.1200 (DIRECT)910.262.3761Wilmington, [email protected]

Age

t

Photo