4000 sumner boulevard - foundry commercial · sumner boulevard adjacent triangle town center and...
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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
540
540
495
495
540
540
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540
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85 85
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98 98
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54751
751147
751
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64 264
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401
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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 1012karl.hudson@foundrycommercial.com
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
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 1012karl.hudson@foundrycommercial.com
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 1012karl.hudson@foundrycommercial.com
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