southern pines, nc - synergy...

Synergy Commercial Properties, LLC281 W. Pennsylvania AvenueSouthern Pines, NC 28387T 910-295-1801 | F 877-255-7990synergy-commercial.com

For more info, please contact:

Janice M. Dixon, CCIMDirect 910-916-5771 [email protected]

PROPERTY

655 S Bennet StSouthern Pines, NC

For sale

Location

Availability

List Price $240,000• Built in 2003• Zoned Central Business• Use: Office• Square Feet: 1750

Esri, NASA, NGA, USGS, FEMA | State of North Carolina DOT, Esri, HERE, Garmin, INCREMENT P, USGS, EPA, NPS, US Census Bureau, USDA

655 S Bennett Street Southern Pines, NCVicinity MapCopy

Vicinity Map 1000ftDescription

• Unit #1 Canaday Business Park • Southern Pines• Close Proximity to Rite Aide• Property is accesible from (2) en-

trances off S. Bennet Street.• Located on the end-cap at the sec-

ond entrance into the business park

US 1 South to W. Morganton Road. Left on S. Bennett StreetCanaday Business Park is on the Right.Property is located closest to Bennett Street on the left.

End Unit Office Condominium with visibility from Bennet Street. Open Space with two private offices and restroom. Ample Parking.




Map data © OpenStreetMap contributors, CCBYSA

655 S Bennett St. Southern Pines, NC

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Demographics

Executive Summary655 S Bennett St, Southern Pines, North Carolina, 28387 JANICE M. DIXON, CCIMDrive Time: 5, 10, 15 minute radii Latitude: 35.17056

Longitude: -79.40024

5 minutes 10 minutes 15 minutesPopulation

2000 Population 6,822 17,774 36,1382010 Population 7,345 21,342 44,6792017 Population 7,945 23,559 49,7552022 Population 8,463 25,167 53,4492000-2010 Annual Rate 0.74% 1.85% 2.14%2010-2017 Annual Rate 1.09% 1.37% 1.50%2017-2022 Annual Rate 1.27% 1.33% 1.44%2017 Male Population 45.1% 46.1% 47.0%2017 Female Population 54.9% 53.9% 53.0%2017 Median Age 41.2 47.8 49.0

In the identified area, the current year population is 49,755. In 2010, the Census count in the area was 44,679. The rate of change since 2010 was 1.50% annually. The five-year projection for the population in the area is 53,449 representing a change of 1.44% annually from 2017 to 2022. Currently, the population is 47.0% male and 53.0% female.

Median Age

The median age in this area is 41.2, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 62.3% 75.5% 78.5%2017 Black Alone 30.5% 18.1% 14.8%2017 American Indian/Alaska Native Alone 0.8% 0.7% 0.9%2017 Asian Alone 1.2% 1.7% 1.7%2017 Pacific Islander Alone 0.1% 0.1% 0.1%2017 Other Race 2.3% 1.6% 1.7%2017 Two or More Races 2.7% 2.3% 2.3%2017 Hispanic Origin (Any Race) 6.2% 4.6% 4.7%

Persons of Hispanic origin represent 4.7% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.8 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 3,103 7,845 15,6372010 Households 3,643 10,078 20,0352017 Total Households 4,016 11,321 22,5572022 Total Households 4,314 12,170 24,3592000-2010 Annual Rate 1.62% 2.54% 2.51%2010-2017 Annual Rate 1.35% 1.62% 1.65%2017-2022 Annual Rate 1.44% 1.46% 1.55%2017 Average Household Size 1.97 2.06 2.18

The household count in this area has changed from 20,035 in 2010 to 22,557 in the current year, a change of 1.65% annually. The five-year projection of households is 24,359, a change of 1.55% annually from the current year total. Average household size is currently 2.18, compared to 2.20 in the year 2010. The number of families in the current year is 14,265 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

January 10, 2018

©2018 Esri Page 1 of 2



5 minutes 10 minutes 15 minutesPopulation

2000 Population 6,822 17,774 36,1382010 Population 7,345 21,342 44,6792017 Population 7,945 23,559 49,7552022 Population 8,463 25,167 53,4492000-2010 Annual Rate 0.74% 1.85% 2.14%2010-2017 Annual Rate 1.09% 1.37% 1.50%2017-2022 Annual Rate 1.27% 1.33% 1.44%2017 Male Population 45.1% 46.1% 47.0%2017 Female Population 54.9% 53.9% 53.0%2017 Median Age 41.2 47.8 49.0

In the identified area, the current year population is 49,755. In 2010, the Census count in the area was 44,679. The rate of change since 2010 was 1.50% annually. The five-year projection for the population in the area is 53,449 representing a change of 1.44% annually from 2017 to 2022. Currently, the population is 47.0% male and 53.0% female.

Median Age

The median age in this area is 41.2, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 62.3% 75.5% 78.5%2017 Black Alone 30.5% 18.1% 14.8%2017 American Indian/Alaska Native Alone 0.8% 0.7% 0.9%2017 Asian Alone 1.2% 1.7% 1.7%2017 Pacific Islander Alone 0.1% 0.1% 0.1%2017 Other Race 2.3% 1.6% 1.7%2017 Two or More Races 2.7% 2.3% 2.3%2017 Hispanic Origin (Any Race) 6.2% 4.6% 4.7%

Persons of Hispanic origin represent 4.7% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.8 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 3,103 7,845 15,6372010 Households 3,643 10,078 20,0352017 Total Households 4,016 11,321 22,5572022 Total Households 4,314 12,170 24,3592000-2010 Annual Rate 1.62% 2.54% 2.51%2010-2017 Annual Rate 1.35% 1.62% 1.65%2017-2022 Annual Rate 1.44% 1.46% 1.55%2017 Average Household Size 1.97 2.06 2.18

The household count in this area has changed from 20,035 in 2010 to 22,557 in the current year, a change of 1.65% annually. The five-year projection of households is 24,359, a change of 1.55% annually from the current year total. Average household size is currently 2.18, compared to 2.20 in the year 2010. The number of families in the current year is 14,265 in the specified area.


January 10, 2018




5 minutes 10 minutes 15 minutesMedian Household Income

2017 Median Household Income $35,686 $48,444 $53,1722022 Median Household Income $38,401 $54,622 $59,6502017-2022 Annual Rate 1.48% 2.43% 2.33%

Average Household Income

2017 Average Household Income $54,533 $73,779 $77,5482022 Average Household Income $63,564 $85,836 $89,8002017-2022 Annual Rate 3.11% 3.07% 2.98%

Per Capita Income2017 Per Capita Income $27,365 $35,007 $35,3842022 Per Capita Income $32,134 $40,923 $41,1172017-2022 Annual Rate 3.27% 3.17% 3.05%

Households by IncomeCurrent median household income is $53,172 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $59,650 in five years, compared to $62,316 for all U.S. households

Current average household income is $77,548 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $89,800 in five years, compared to $91,585 for all U.S. households

Current per capita income is $35,384 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $41,117 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 3,480 8,922 18,1582000 Owner Occupied Housing Units 1,678 5,442 11,8452000 Renter Occupied Housing Units 1,425 2,403 3,7932000 Vacant Housing Units 377 1,077 2,520




Currently, 57.6% of the 26,363 housing units in the area are owner occupied; 28.0%, renter occupied; and 14.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 23,508 housing units in the area - 59.7% owner occupied, 25.5% renter occupied, and 14.8% vacant. The annual rate of change in housing units since 2010 is 5.23%. Median home value in the area is $243,847, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 0.24% annually to $246,753.


January 10, 2018


southern pines, nc - synergy...

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