HIGHWAY 73 NORTHBROOK COMMERCIAL

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mpvre.com | 704.248.2100

2400 South Boulevard, Suite 300 Charlotte, NC 28203

HIGHWAY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

N

SITES

FOR SALE

Sam Furr Rd Sam Furr Rd Sam Furr Rd

Sam Furr Rd

W Catawba Ave W Catawba Ave

Sam Furr Rd Sam Furr Rd

McCord Rd McCord Rd

McCord Rd McCord Rd Old S

tatesville Rd Old S

tatesville Rd Statesville Rd

Statesville Rd

Old Statesville R d

Huntersville Huntersville

Cornelius Cornelius

77

NORTHCROSS SHOPPING CENTER BIRKDALE VILLAGE

NORTHSTONE COUNTRY CLUB ANTIQUITY

21

115

25

73

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C ONTAC T: Bailey Patrick Jr.

[email protected] 704.367.5020

Bailey Patrick

Clark Alcorn

The information provided is without warranty or any representation of accuracy, timeliness, reliability or completeness.

The Offering Memorandum is intended solely as a preliminary expression of interest and is to be used for discussion purposes only. Neither the Owner nor prospective purchaser shall have any contractual obligations to the other with respect to the matters referred to herein unless and until a purchase agreement has been fully executed by Owner and prospective purchaser.

mpvre.com | 704.248.2100

HIGHWAY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

SUBMARKET OVERVIEW: HUNTERSVILLE, NC

07 MARKET OVERVIEW: CHARLOT TE, NC

08 DEMOGRAPHICS

09 AERIALS

04 EXECUTIVE SUMMARY

03

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PROPERTY OVERVIEW

• Four parcels available for sale along Sam Furr Road (Hwy 73) in Huntersville

• Conveniently located near the I-77 and Hwy 73 interchange (Exit 25)

• The properties are adjacent to Northbrook, a future masterplanned community by Lennar consisting of 122 homes ranging in price from $450,000 to $560,000

• Owner will sell separately

• Huntersville Zoning: Corporate Business (CB)

• Permitted uses include medical, office, and light manufacturing/

distribution, among others

Total Acreage ±21.918

Parcel ID# 01122117 (A), 01122116 (B), 01122115 (C), 01122114 (D) Existing Zoning Corporate Business (CB)

Price Call for Details

Sam F urr R

d Sam F

urr R d

McCord Rd McCord Rd

McCord Rd McCord Rd 73

Parcel A Parcel A 5.24ac 5.24ac

Parcel B Parcel B 5.488ac 5.488ac

Parcel C Parcel C 3.644ac 3.644ac

Parcel D Parcel D 7.546ac 7.546ac

Parcel # Total Acres Pricing

(A) 01122117 5.24 $1,000,000

(B) 01122116 5.488 $1,200,000

(C) 01122115 3.644 $425,000

(D) 01122114 7.546 $1,100,000

3

HWY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

EXECUTIVE SUMMARY

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NORTHCROSS SHOPPING CENTER BIRKDALE VILLAGE

N

21 21

21

Stumptown Rd Stumptown Rd

Ranson Rd Ranson Rd

Gilead Rd Gilead Rd

State svill

e Rd State

svill e Rd

Old S tate sville R

d Old S

tate sville R

d

State svill

e Rd State

svill e Rd

115 115 115

Downtown Downtown Huntersville Huntersville

Huntersville

NorthStone NorthStone Country Club Country Club

73

Stum ptow

n R d Stum

ptow n R

d

23 77 77

25 25

W C atawba Ave W C

atawba Ave

Northc ross Dr Northc

ross Dr

4

HWY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

AERIALS: HUNTERSVILLE

(5)

73

21 21

21

77

77 Sam Furr Rd

Sam Furr Rd

State svill

e Rd State

svill e Rd

Sta te svill

e R d Sta te

svill e R d

Northcrosrs D Northcrosrs D

Lake Norman

North Mecklenburg Community Park

NorthStone Country Club Monteith Park

Birkdale Golf Club

Sherwood Forest

Gilead Rd Gilead Rd Gilead

Gilead Rd Rd

Ranson Rd Ranson Rd

115

25

23 Classica Homes at

Huntson Reserve 94 lots Under Construction

Ranson Road Subdivision 36 lots

Approved

Stumptown Apartments 18 units

Approved

Vermillion Village Approved Arbor Ridge

(Senior Living Community)

Downtown Huntersville Birkdale

Landing

Stumptown Rd Stumptown Rd

McCord Rd McCord Rd Mayes Rd Mayes Rd

Huntersville Huntersville Elementary Elementary St. Mark

St. Mark Catholic School Catholic School Grand Oak Grand Oak Elementary Elementary

Rosedale Shopping

Center

73

Birkdale Village

Source: NCDOT

19,500

A ADT NC HW Y 115 (2018)

19,500

A A DT S A M F U R R R D (2 01 8)

SURROUNDING DEVELOPMENT ACTIVITY

Current development in

Huntersville, NC consists of projects such as residential developements, senior living communities, schools, and more.

To read more information visit, Huntersville.org/461/Projects-Map

Northcross Shopping Center

Northbrook Subdivison

Approved

Classica Homes McConnell Subdivison

61 lots Huntersville

Distribution Park Under Construction Huntersville Community

Preschool/Daycare Mayes Road Subdivison 82 lots

Approved

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HWY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

AERIALS: NEARBY ACTIVIT Y

(6)

77

N

825

R E TA I L B U S I N E S S E S W I T H I N 5 M I L E S O F T H E P R O P ER T Y

11,146

R E TA I L EM P LOY EE S W I T H I N 5 M I L E S O F T H E P R O P ER T Y

N

MAJOR RETAILERS

Source: Esri & CoStar

485

77 77

Northlake Mall Rosedale & Market Square Birkdale Village

The Park

Perimeter Woods Lake Norman

FAMOUS TOASTERY FAMOUS TOASTERY

Northcross

Huntersville-Concord Rd Huntersville-Concord Rd

Gilead Rd Gilead Rd

Mt Holly-Hdunte Rrsville Mt Holly-Hdunte Rrsville

S Old S tatesville R

d S Old S

tatesville R

d Eastfield R

d Ramah Chur

ch Rd Ramah Chur

ch Rd Stumptown Rd

Stumptown Rd Sam Furr Rd Sam Furr Rd W Cata

wba A veW Cata wba A

ve

Sta tesville R

d Sta

tesville R d

21 73

73

This GIS data is deemed reliable but provided “as is” without warranty of any representation of accuracy, timeliness, reliability or completeness. This map document does not represent a legal survey of the land and is for graphical purposes only. Use of this data for any purpose should be of acknowledgment of the limitations of the data, including the fact that the data is dynamic and is in a constant state of maintenance, correction, and update.

Downtown Huntersville

Huntersville Cornelius

Birkdale Landing

Huntersville Huntersville Birkdale

Birkdale Village Village

115

3mi.

115 77 77

73

6

HWY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

AERIALS: MA JOR RETAILERS

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59,870

H U N T ER S V I L L E P O P U L AT I O N (2 0 21)

1,143,570

M EC K L EN B U R G C O U N T Y P O P U L AT I O N (2 0 21)

3.3%

U N EM P LOY M EN T R AT E (07/2 0 21)

HUNTERSVILLE OVERVIEW

Huntersville, North Carolina, a short 15-mile drive to uptown Charlotte, is located just north of the city near Lake Norman.

Incorporated in 1873, Huntersville has grown from a small mill town, to a new, dynamic area combining retail and residential areas with historic cultural attractions. Home to diverse attractions and entertainment, shopping, NASCAR, and natural parks.

The town is known recreationally as a lake community, because of its proximity to Lake Norman, a large man- made lake created by Duke Power to serve the nuclear power plant, and Mountain Island Lake, a smaller man- made lake that is used as Charlotte’s city water source, and located along the southwest border of Huntersville.

DOWNTOWN HUNTERSVILLE IN 2030

Source: https://www.visitlakenorman.org/about/

Source: https://businessnc.com/town-square-huntersville-is-a-quaint-suburban-charlotte-boomtown/

In 2030, Huntersville’s Downtown will be a thriving, mixed-use town center with a variety of housing types (single-family, townhomes, live-work, and apartments), retail establishments, restaurants, offices, civic and recreational uses. The historic character of Downtown Huntersville will be preserved and enhanced through the integration of new with existing development, reflecting the highest quality architecture, resulting in a revitalized Downtown that is uniquely Huntersville.

Source: https://www.huntersville.org

“The quality of life here is just unbelievable. The tax rate is low, it’s a safe city, you’ve got your recreation, you’ve got your neighborhoods.”

— City Manager Anthony Roberts

Source: businessnc.com

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HWY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

SUBMARKET OVERVIEW

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CHARLOTTE OVERVIEW

TOP NEW & EXPANDING JOBS

Amazon - 1,500 Ernst & Young - 375 Corvid Technologies - 267 Metyx Group - 200

Cheney Brothers - 105

New York Air Brake - 100

Prysmian Cables & Services - 100 Yokohama Tire Corporation - 56 Southern States Machinery - 35 Meritor Inc. - 26

#3

R E A L E S TAT E M A R K E T TO WATC H

- P W C & U r b a n L a n d I n s t i t u t e

#4

H OT T E S T H O U S I N G M A R K E T I N 2 01 8

- Z i l l o w

#5

B E S T C I T I E S F O R J O B S

- F o r b e s

#6

B E S T P L AC E S TO L I V E

- U . S . N e w s & Wo r l d R e p o r t

People keep coming to the Charlotte Region. Nearly 100 people a day, in fact. Why do they come here? They come for jobs in a healthy and growing economy with thriving health care, finance and professional services sectors, and a tech talent pool growing twice as fast as the national average. They come to start and grow businesses in a region with an educated, talented and innovative workforce, regularly ranked in the top three places to start a business. They come for lower cost of living and affordable real estate in neighborhoods fit for any lifestyle - from vibrant urban centers, to suburban cul-de-sac to quaint small towns and rural areas. And 226 days of sunshine a year doesn’t hurt either.

• Charlotte is located in Mecklenburg County, the most populous county in the state of North Carolina.

• Charlotte’s population is 874,579 (2020), a nearly 20% increase since April 2010.

• The Charlotte-Concord-Gastonia MSA is the 22nd largest MSA in the country, with a population of 2,636,883 as of 2019.

• Charlotte’s cost of living is 98.1% of the national average. That’s lower than 30 of the 40 largest cities in the US.

• Charlotte is home to Charlotte Douglas International Airport, the 6th busiest airport in the world.

Sources: Charlotte Regional Business Alliance http://www.charlotteregion.com & http://www.census.gov

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HWY 73 NORTHBROOK COMMERCIAL

Huntersville, NC

MARKET OVERVIEW

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Business Summary

11556-11698 Sam Furr Rd Prepared by Esri

11556-11698 Sam Furr Rd, Huntersville, North Carolina, 28078 Latitude: 35.44319

Rings: 1, 3, 5 mile radii Longitude: -80.83325

Data for all businesses in area 1 mile 3 miles 5 miles

Total Businesses: 111 1,955 4,737

Total Employees: 963 20,083 47,175

Total Residential Population: 4,272 43,075 111,175

Employee/Residential Population Ratio (per 100 Residents) 23 47 42

Businesses Employees Businesses Employees Businesses Employees

by SIC Codes Number Percent Number Percent Number Percent Number Percent Number Percent Number Percent

Agriculture & Mining 11 9.9% 77 8.0% 44 2.3% 271 1.3% 88 1.9% 551 1.2%

Construction 15 13.5% 151 15.7% 133 6.8% 957 4.8% 310 6.5% 2,031 4.3%

Manufacturing 3 2.7% 107 11.1% 40 2.0% 2,827 14.1% 99 2.1% 4,486 9.5%

Transportation 6 5.4% 26 2.7% 47 2.4% 324 1.6% 120 2.5% 821 1.7%

Communication 0 0.0% 2 0.2% 11 0.6% 87 0.4% 19 0.4% 161 0.3%

Utility 0 0.0% 0 0.0% 3 0.2% 41 0.2% 8 0.2% 1,112 2.4%

Wholesale Trade 2 1.8% 55 5.7% 33 1.7% 376 1.9% 90 1.9% 2,364 5.0%

Retail Trade Summary 14 12.6% 111 11.5% 383 19.6% 5,887 29.3% 825 17.4% 11,146 23.6%

Home Improvement 2 1.8% 31 3.2% 35 1.8% 619 3.1% 59 1.2% 821 1.7%

General Merchandise Stores 1 0.9% 17 1.8% 12 0.6% 643 3.2% 22 0.5% 837 1.8%

Food Stores 0 0.0% 5 0.5% 35 1.8% 828 4.1% 74 1.6% 1,578 3.3%

Auto Dealers, Gas Stations, Auto Aftermarket 2 1.8% 9 0.9% 22 1.1% 279 1.4% 75 1.6% 1,653 3.5%

Apparel & Accessory Stores 2 1.8% 8 0.8% 33 1.7% 415 2.1% 66 1.4% 536 1.1%

Furniture & Home Furnishings 1 0.9% 5 0.5% 29 1.5% 234 1.2% 63 1.3% 393 0.8%

Eating & Drinking Places 1 0.9% 19 2.0% 110 5.6% 2,162 10.8% 242 5.1% 3,986 8.4%

Miscellaneous Retail 4 3.6% 17 1.8% 107 5.5% 707 3.5% 224 4.7% 1,342 2.8%

Finance, Insurance, Real Estate Summary 9 8.1% 33 3.4% 189 9.7% 1,238 6.2% 605 12.8% 4,001 8.5%

Banks, Savings & Lending Institutions 0 0.0% 4 0.4% 29 1.5% 214 1.1% 82 1.7% 597 1.3%

Securities Brokers 2 1.8% 5 0.5% 30 1.5% 119 0.6% 112 2.4% 554 1.2%

Insurance Carriers & Agents 2 1.8% 7 0.7% 39 2.0% 204 1.0% 94 2.0% 477 1.0%

Real Estate, Holding, Other Investment Offices 5 4.5% 18 1.9% 92 4.7% 702 3.5% 316 6.7% 2,373 5.0%

Services Summary 37 33.3% 394 40.9% 789 40.4% 7,704 38.4% 1,902 40.2% 19,569 41.5%

Hotels & Lodging 1 0.9% 7 0.7% 15 0.8% 244 1.2% 36 0.8% 488 1.0%

Automotive Services 3 2.7% 13 1.3% 53 2.7% 271 1.3% 82 1.7% 457 1.0%

Motion Pictures & Amusements 5 4.5% 52 5.4% 60 3.1% 532 2.6% 165 3.5% 1,685 3.6%

Health Services 6 5.4% 42 4.4% 166 8.5% 1,796 8.9% 364 7.7% 4,602 9.8%

Legal Services 1 0.9% 4 0.4% 23 1.2% 81 0.4% 81 1.7% 322 0.7%

Education Institutions & Libraries 1 0.9% 6 0.6% 32 1.6% 1,358 6.8% 79 1.7% 2,936 6.2%

Other Services 20 18.0% 270 28.0% 440 22.5% 3,422 17.0% 1,095 23.1% 9,079 19.2%

Government 1 0.9% 7 0.7% 14 0.7% 234 1.2% 37 0.8% 634 1.3%

Unclassified Establishments 14 12.6% 0 0.0% 270 13.8% 139 0.7% 633 13.4% 297 0.6%

Totals 111 100.0% 963 100.0% 1,955 100.0% 20,083 100.0% 4,737 100.0% 47,175 100.0%

Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.

October 07, 2021