4000 sumner boulevard - foundry commercial · sumner boulevard adjacent triangle town center and...

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1 1 540 540 SITE SITE TRIANGLE TRIANGLE TOWN CENTER & TOWN CENTER & COMMONS COMMONS PLANTATION POINT PLANTATION POINT SHOPPING CENTER SHOPPING CENTER EXIT 16 EXIT 17 EXIT 15 FUTURE RETAIL FUTURE RETAIL DEVELOPMENT DEVELOPMENT FUTURE FUTURE MULTIFAMILY MULTIFAMILY DEVELOPMENT DEVELOPMENT 4000 SUMNER BOULEVARD RALEIGH, NC COMMERCIAL LAND FOR SALE ±15.64 ACRES

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Page 1: 4000 SUMNER BOULEVARD - Foundry Commercial · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle

1

1

540

540

SITESITE

TRIANGLE TRIANGLE TOWN CENTER & TOWN CENTER &

COMMONSCOMMONS

PLANTATION POINT PLANTATION POINT SHOPPING CENTERSHOPPING CENTER

EXIT 16

EXIT 17

EXIT 15

FUTURE RETAIL FUTURE RETAIL DEVELOPMENTDEVELOPMENT

FUTURE FUTURE MULTIFAMILY MULTIFAMILY

DEVELOPMENTDEVELOPMENT

4000 SUMNER BOULEVARDRALEIGH, NC

COMMERCIAL LAND FOR SALE

±15.64 ACRES

Page 2: 4000 SUMNER BOULEVARD - Foundry Commercial · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle

540

540

495

495

540

540

440

440

540

40

40

40

40

40

85 85

86

86

54

55

55

98 98

98

98

96

96

96

50

54751

751147

751

70

1

70

70

70

64 264

64

64

264 264

401

401

401

401

401

401

70

70

501

15

1

64

64

1

1

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75 55

50

50

ORANGECOUNTY

CHATHAMCOUNTY

WAKECOUNTY

WAKECOUNTY

JOHNSTONCOUNTY

NASHCOUNTY

FRANKLINCOUNTY

GRANVILLECOUNTY

DURHAMCOUNTY

FallsLake

JordanLake

RDUAirport

Carrboro

Pittsboro

Holly Springs

Apex

Morrisville

Garner

Clayton

Knightdale

Wendell

Zebulon

Rolesville

WakeForest

Bunn

Youngsville

FranklintonCreedmoor

Hillsborough

CHAPELHILL

Cary

RALEIGH

DURHAM

ResearchTriangle Park

Foundry Commercial is pleased to present approximately 15.64 acres of land located along Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner Place feature numerous ame-nities as well as a diverse collection of national, regional, and local retail tenants such as Belk, Saks Fifth Avenue, Dick’s Sporting Goods, Old Navy, World Market, Pier One, H&M, and Target. The Property is conveniently located in one of the fastest growing submarkets in the Triangle and allows a developer to take advantage of increased infra-structure, population growth and rising incomes. The site is located within the (CX-4-CU) Commercial Mixed Use zoning district within the City of Raleigh, which allows for a variety of retail, multifamily and commercial uses with a height restriction up to four stories.

PROPERTY FEATURES

LAND SIZE 15.64 Acres

PIN # 1726782806

TIMING Immediately

ZONING Commercial Mixed Use (CX-4-CU)

UTILITIES Municipal water and sewer

LIST PRICE $3,484,800

SITESITE

TRAFFIC COUNTS

I-540 61,000 VPD

CAPITAL BOULEVARD/ROUTE 1 50,000 VPD

TRIANGLE TOWN BOULEVARD 12,000 VPD

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

2019 ESTIMATED POPULATION 8,157 78,723 180,760

2024 PROJECTED POPULATION 8,827 85,922 197,216

EST. HOUSEHOLD INCOME $85,681 $80,747 $90,624

EST. HOUSEHOLDS 2,959 30,477 73,215

DAYTIME POPULATION 5,750 29,531 98,510

KARL HUDSON IV, CCIMSenior Vice President(919) 987 [email protected]

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 220Raleigh, NC 27612

foundrycommercial.com

4000 SUMNER BOULEVARDCOMMERCIAL LAND FOR SALE

Page 3: 4000 SUMNER BOULEVARD - Foundry Commercial · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle

PLAT

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 220Raleigh, NC 27612

foundrycommercial.com

4000 SUMNER BOULEVARDCOMMERCIAL LAND FOR SALE

KARL HUDSON IV, CCIMSenior Vice President(919) 987 [email protected]

Page 4: 4000 SUMNER BOULEVARD - Foundry Commercial · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle

LOCATION

OLD WAKE F

OREST ROAD

OLD WAKE FOREST R

OAD

EAST MILLBROOK ROA

D

EAST MILLBROOK ROA

D

540

CA

PIT

AL

BO

ULE

VA

RD

CA

PIT

AL

BO

ULE

VA

RD

1

TRIANGLE TOWNCENTER & COMMONS

PLANTATION POINT SHOPPING CENTER

SPRING FOREST ROAD

SPRING FOREST ROAD

401

10,000 VPD

26,000 VPD

SITESITE

61,000 VPD

18,000 VPD

12,0

00 V

PD

50,0

00 V

PD

10,000 VPD TR

IAN

GLE

TO

WN

BO

ULEV

ARD

TR

IAN

GLE

TO

WN

BO

ULEV

ARD

SUMN

ER BOULEVARD

SUMN

ER BOULEVARD

FUTURE RETAIL FUTURE RETAIL DEVELOPMENTDEVELOPMENT

FUTURE FUTURE MULTIFAMILY MULTIFAMILY

DEVELOPMENTDEVELOPMENT

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 220Raleigh, NC 27612

foundrycommercial.com

4000 SUMNER BOULEVARDCOMMERCIAL LAND FOR SALE

KARL HUDSON IV, CCIMSenior Vice President(919) 987 [email protected]