3.92 acre development lake norman · 3.92 acre development lake norman | 6587 e nc 150 hwy,...

SVN | Commercial Real Estate Advisors | 19901 West Catawba Avenue Suite 102, Charlotte, NC 28031 SALE BROCHURE

3.92 ACREDEVELOPMENTLAKE NORMAN6587 E NC 150 HWYSHERRILLS FORD, NC 28673

Thomas McMahon, CCIMManaging [email protected]

Spencer CriglerAssociate [email protected]

Paula QuickelAssociate [email protected]

3.92 ACRE DEVELOPMENT LAKE NORMAN | 6587 E NC 150 HWY, SHERRILLS FORD, NC 28673 SVN | Commercial Real Estate Advisors |

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be usedfor any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent ofthe SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person isauthorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receivingthese materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisOffering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct,and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representationsor warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with anyentity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing andagreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any suchcorrespondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospectivepurchaser proceeds at its own risk.

Disclaimer

OFFERING SUMMARY

Sale Price: $399,000

Lot Size: 3.92 Acres

Zoning: R-30

Land is situated just steps from Lake Norman, the region's popular summertime destination which attracts thousands ofvisitors every year. Outdoor activities such as fishing, boating, and jet-skiing are common on the lake during the warmermonths.

LOCATION OVERVIEW

PROPERTY HIGHLIGHTS

• Water and Sewer Present

• HC/MU Land with excellent exposure

• High traffic counts with more expansion to come

• Main artery into Mooresville from points West

• Multiple owners and parcels which can be sold separately

• Prime location adjacent to Lake Norman


Executive Summary


Avg Daily Traffic Count

3.92 ACRE DEVELOPMENT LAKE NORMAN | 6587 E NC 150 HWY SHERRILLS FORD, NC 28673 SVN | Commercial Real Estate Advisors |

Additional Photos


Location Maps


Regional Map


POPULATION 1 MILE 5 MILES 10 MILES

Total population 758 18,204 84,756

Median age 44.5 41.1 41.4

Median age (male) 44.0 40.2 40.7

Median age (Female) 45.2 41.8 41.8

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 327 7,282 32,260

# of persons per HH 2.3 2.5 2.6

Average HH income $70,452 $72,169 $86,910

Average house value $167,392 $358,428

* Demographic data derived from 2010 US Census

Demographics Map


19901 West Catawba Avenue Suite 102Charlotte, NC 28031T 704.746.5139C [email protected] #279753

PROFESSIONAL BACKGROUND

Paula Quickel is an Advisor with SVN, Cornelius, NC.

A graduate from Meredith College with a B.S. in Business Management. Following graduation, she spent over 8 years asa National Account Manager with American City Business Journals, selling print advertising in 3 different Motorsportspublications.

Paula is not new to the real estate arena. She & her husband spent over 15 years in residential building & developmentwhile raising their two children and has been a resident to the Lake Norman area for over 20 years.

Paula delivers excellent customer service, accountability, years of proven work ethic and exceptional marketing & salesexperience to the SVN Charlotte Commercial Team.

2016 Top Producer2017 First Quarter, Top Achiever

EDUCATION

B.S. Business Management, Meredith College, Raleigh, NC

MEMBERSHIPS & AFFILIATIONS

Charlotte Region Commercial Board of RealtorsNC Realtors AssociationRetail & Leasing Product CouncilLoopnetXceligentLinked InFacebookTwitter

PAULA QUICKEL

Associate Advisor

Advisor Bio & Contact


19901 West Catawba Avenue Suite 102Charlotte, NC 28031T 704.892.5653C [email protected] #286755

PROFESSIONAL BACKGROUND

Spencer recently graduated from the University of North Carolina at Charlotte as a Bachelor of Science in BusinessAdministration in Marketing. He is a hardworking and driven young individual with a bright mind and familiar withcommercial real estate trends. Specializing in retail investment sales and leasing, the marketing background helps bringthe most prospective clients to the table. His great networking connections through BNI also separates himself from therest of the competition by being more than just a broker, but a reliable businessman that can provide a multitude ofprofessionals to assist any clients needs.

Spencer was awarded "Rookie of the Year" in 2016 in his first 6 months as a broker!

Stands by 3 important values for commercial real estate; Integrity, Honesty and Expertise!

SPENCER CRIGLER

Associate Advisor

Advisor Bio & Contact


About SVN

The SVN® brand was founded in 1987 out of a desire to improve thecommercial real estate industry for all stakeholders throughcooperation and organized competition.

Today, SVN® International Corp., a full-service commercial real estatefranchisor of the SVN® brand, is comprised of over 1,600 Advisorsand staff in over 200 offices across the globe. Geographic coverageand amplified outreach to traditional, cross-market and emergingbuyers and tenants is the only way to achieve maximum value forour clients.

Our proactive promotion of properties and fee sharing with theentire commercial real estate industry is our way of putting clients’needs first. This is our unique Shared Value NetworkSM and just oneof the many ways that SVN Advisors create amazing value with ourclients, colleagues and communities.

Our robust global platform, combined with the entrepreneurial driveof our business owners and their dedicated SVN Advisors, assuresrepresentation that creates maximum value for our clients.

Sales with cooperating brokers sell for a 9.6% HIGHER SALE PRICE*


traditionalbrokerage model

when you hire SVN you are also hiringthe entire brokerage community

Pocket ListingsBuyer Pays Their Broker

No Broker Co-opLimited Market Exposure

Registration for Property Information

The SVN Difference

VS.

Co-op Fee OfferedExposure to Market

Maximum CompetitionHighest Sale Price

• Jones Lang Lasalle• Cushman & Wakefield• Colliers International• Marcus & Millichap• CBRE

• Baum Realty Group• Newmark Grubb

Knight Frank• HFF• Mid-America

*Aggregated 3rd Party Research Verified


TRANSACTION VOLUMEBY REGION

TRANSACTION VOLUMEBY PRODUCT TYPE

SALES

LEASING

SVN Transaction Volume

Weeks 8-10 Weeks 11-16Weeks 6-7Weeks 3-5Weeks 1-2

Chose Winning Bidder

Manage Contract Processwith Winning Bidder

Manage Due Diligence

Manage Closing

Arrange Final Showings ifNeeded

Offers Due

Review and Assess AllOffers with Ownership

Provide Feedback to Buyers

Best and Final Due

Second Round of Showings

Follow Up With All GroupsThat Toured The Property

Confirm Receipt of DueDiligence Materials to AllProspective Purchasers

Marketing Status Report toOwnership

Continue Marketing andCanvassing Campaign

Ongoing Contact ofProspective Purchasers

Contact All brokers andInvestors to Provide

Promotional Information

Follow Up with InitialConvass Contacts

Initial Tours of ProspectivePurchasers

Marketing Status Report toOwnership

Finalize Listing Agreement

Create OfferingMemorandum for

Ownership's Approval

Begin Marketing Campaign

Notify the Market ofShowing and Offer Due

Dates

Present Property on SVNLive℠ Property Broadcast

Send Out InitialAnnouncement Packets toAll Brokers and Investors

PROPERTYCLOSING

OFFERREVIEW

PROCESS

CREATIVECOMPETITIVELANDSCAPE

MARKETEXPOSURE

INITIALOFFERING


SVN Marketing Timeline And Launch Schedule

3.92 acre development lake norman · 3.92 acre development lake norman | 6587 e nc 150 hwy,...

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