Burlington NC - Midtowne Park - Available For Sale/Lease or Build To Suit
University Drive and Rural Retreat Road, Burlington, NC 27215
For leasing information:
Phil Wilson, Principal
550 S. Main Street, Suite 300 • Greenville, SC 29601
864.263.5414 o • 864.304.8618 c • www.REALTYLINKDEV.com
Austin Wilson, Agent
[email protected] 864.263.5411 o • 864.384.5892 c
Table of Contents
Executive Summary
Property Summary... 3
Property Highlights... 4
Property Overview
Site Plan... 5
Aerial... 6
Area Overview
Trade Area Photos... 7-9
Location Maps... 10
Market Profile... 11-12
Demographics... 13-15
Location: University Drive and Rural Retreat Road, Burlington, NC 27215
County: Alamance County
Price: Call
Best Use: Retail
Utilites: Water, sewer, gas, electricity Zoning: Commercial
Acreage: 6.5
Area Information:
Burlington is the principal city of the Burlington MSA which encompasses all of Alamance County (MSA population of approximately 150,000 in 2008). Burlington is a short drive to two major NC airports. Manufacturing is an important component of the local economy. LabCorp, one of the largest clinical laboratories in the world, has its headquarters and several testing facilities in Burlington. LabCorp is Alamance County’s largest employer, employing over 3,000 people ion the county.
Property Highlights
• Excellent visibility
• Perfectly positioned close by other major
retailers
• Located near Alamance Crossing Mall
• Major retail growth area
• Traffic counts of 90,000 VPD on I-40 & I-85
• Signalized intersection location
• Located in an emerging “corridor” of
commerce where two major Interstates 85
(north/south) and 40 (east/west) link two
of the fastest growing and most
talked-about metro areas on the East Coast
DEMOGRAPHIC SUMMARY - 2015
3 MILE 4 MILE 5 MILE
POPULATION 29,897 44,353 60,679 HOUSEHOLDS 11,760 18,086 24,948 AVERAGE HH INCOME $73,241 $69,853 $65,775 MEDIAN HH INCOME $50,472 $48,500 $46,208
Economy
In the heart of America’s best business state, a dynamic destination is coming into its own — an emerging “corridor” of commerce where two major Interstates 85 (north/south) and 40 (east/west) link two of the fastest growing and most talked-about metro areas on the East Coast. At one end, the Research Triangle Park Region of
Raleigh, Durham and Chapel Hill; at the other, the Piedmont Triad Region of Greensboro, Winston-Salem and High Point. Alamance County is the centerpiece of this Carolina Corridor, where the full resources of the region come together to create exceptional opportunities for expanding and relocating companies.
Transportation
Alamance County has two major Interstates: 85 (N/S) and 40 (E/W) that run concurrently through the county linking Alamance County to major destinations. Interstates 95 and 77 are approximately 90 miles away. The modern,
deep-water ports of Wilmington, Morehead City and Charleston provide shipping service to Alamance County along with two inland ports located in neighboring Greensboro and Charlotte. North Carolina is the hub of an East Coast rail network with 3,600 miles of track throughout the state. Norfolk Southern Railway and Amtrak provide service to Alamance County. Alamance County is served by two commercial airports within a 45 minute drive. Piedmont Triad International Airport has 61 daily flights. Raleigh Durham International Airport has 270 daily flights. Daily Non-stop flights service over 40 locations including
London and Toronto. Air Cargo service is provided by 10 air cargo carriers. Piedmont Triad International is the site of a new FedEx Mid-Atlantic sorting hub which opened in 2009. Burlington-Alamance Regional Airport (BUY) offers a lighted runway with ILS, FBO, Rental Car and Hangars. The runway is currently being extended to 6400’ and will be able to handle plans as large as 737’s.
Market Profile
Education
Alamance County is home to over forty schools
including public, charter, and private educating
almost 25,000 students. Alamance County is
also the home to Elon University, a nationally
ranked four year liberal arts college and Alamance
Community College (ACC). Elon has 49 majors
including masters-level education for its nearly
5,000 full-time students. ACC has 46 programs
of study offering a variety of certificates and
associates degrees for its 4,400 full-time students.
Alamance has 22 universities and 10 community
colleges within an hour’s drive including numerous prominent schools such as Duke University and UNC. There
are a total of 140,700 full-time university students and 53,700 community college students in the area.
Healthcare
Alamance Regional Medical Center, part of Cone
Health System, provides excellent healthcare with
238 beds and 1500 employees in facilities located
throughout Alamance County. Recently the center
was named one of the nation’s best hospitals for
treating heart attacks. Regionally, there are 20
hospitals in a 45 minute drive including the world
renowned Duke University Medical Center and
Wake Forest/Baptist Medical Center. In all, there
are over 8600 hospital beds in the area.
2015 RealtyLink, LLC, We have obtained the contained information from sources we believe are reliable. We have not however verified that all information is accurate and make no guarantee, warranty or representation of it. The information is subject to the possibility of errors, ommissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice, and it is not a substitute for a thorough due diligence investigation. We include opinions, projections, estimations and assumptions for example purposes only. This information may not represent current or future performance of the property. Seek legal advise and conduct due diligence if exact numbers are desired.
RealtyLink, LLC and the RealtyLink logo are trademarks of RealtyLink, LLC and/or its affiliates. All other logos or company materials displayed in these contents are the property of their respective owners.
©
Property Contact:
Phil Wilson, Principal
[email protected] 864.263.5415 o • 864.304.8618 c
550 S. Main Street, Suite 300 • Greenville, SC 29601
864.242.4008 p • 864.232.0160 f • www.REALTYLINKDEV.com
Austin Wilson, Agent
[email protected] 864.263.5411 o • 864.384.5892 c