youngsville, nc 27596 1,120 - 2,680 sf / .88-1.37 acres · 2016-05-29 · gemini real estate...
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Gemini Real estate advisoRs NEW YORK, NY • CHARLOTTE, NC Gemini-Re.COM
YOUNGSVILLECROSSING
NC HWY 96 & US HWY 1 • YOUNGSVILLE, NC 27596 1,120 - 2,680 SF / .88-1.37 ACRES
SPACEAVAILABLE
16740 Birkdale Commons Parkway, Suite #306
Huntersville, NC 28078 Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017. Esri converted Census 2000 data into 2010 geography.
SPACE AVAILABLE1,120 - 2,680 SF / .88 - 1.37 ACR
FOR mOREINFORmAtION
RENtAL RAtEAvailable Upon Request
CENtER tYPEGrocery Anchored
WEB LIStINGloopnet.com/lid/16186285
PROPERtY HIGHLIGHtS • food Lion anchored center - PSF sales far exceed national average • Excellent visibility and accessibility • Intersection of Highway 96 and U.S. 1 - 34,000 ADT • High demand for quick service and casual dining restaurants
DEmOGRAPHICS 3-mile 5-mile 10-milePopulation (2013) 11,406 34,608 123,002
Average HH Income $64,963 $67,209 $88,521
# Households (2013) 4,159 12,724 44,390
Growth Rate ‘10-’13 1.76% 1.57% 2.29%
Radius (miles)1 2 10 mins
Raleigh
Durham
AVAILABLE
JEFF SWANSONO: 704.912.2138C: 704.439.6934
100
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YOUNG
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NC
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1,120 - 2,680 SF / .88-1.37 AC
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120
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150140 100
CHARLOTTE OFFICE 16740 Birkdale Commons Parkway, Suite 306 • Huntersville, NC • 28078
GEMINI REAL ESTATE ADVISORS Charlotte, NC • New York, NY
YOUNGSVILLE CROSSINGYoungsville, NC
PROPERTY DESCRIPTION &LOCATION
PROPERTY DESCRIPTION
* 24 acre development at the crossroads of US highway 1 and NC highway 96.
* The Project, was completed in late 2007, encompasses 91,457 square feet of retail space.
* Anchored by Food Lion, Family Dollar and Ace Hardware.
* Phase I includes shop space from Food Lion to Ace Hardware.
* Phase II includes shop space on the north side of Food Lion including space that fronts Hwy 96.
LOCATION
* Over 1,000 feet of frontage on the “going home” side of Capital Boulevard.
* Capital Boulevard is the main corridor from downtown Raleigh north through Wake County into Franklin County.
* 2006 NCDOT traffic count of 30,000 V.P.D.
* Population growth from Raleigh continues to migrate north into the Youngsville and Franklin County area from Wake County.
CHARLOTTE OFFICE 16740 Birkdale Commons Parkway, Suite 306 • Huntersville, NC • 28078
GEMINI REAL ESTATE ADVISORS Charlotte, NC • New York, NY
YOUNGSVILLE CROSSINGYoungsville, NCTHE MARKET
THE MARKET
* Youngsville is located 20 miles north of Raleigh, NC
* Triangle Region of NC, encompasses Raleigh, Durham, and Chapel Hill.
* Raleigh population of area grew 42% between 2000-08 to 401,552.
* Youngsville has tremendous growth opportunities demonstrated by several thousand residential lots currently approved.
* Residents have to travel to Wake Forest, Franklinton and Louisburg currently due to lack of goods and services.
* Area is home to firms such as Progress Energy, Red Hat, Cisco, SAS and RBC Centura
* Raleigh is one of the top 10 Post-Recession Mecca’s by the Wall Street Journal.
* Market is a polygon of the closest grocery anchored retail centers located 4.5 miles north and south of the property and approximately 16 miles to the east and west.