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COMMERCIAL REAL ESTATE COMMERCIAL REAL ESTATE LOTS & BUILDING ASSEMBLAGE 1597 Highway 56 Butner, NC

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Page 1: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

C O M M E R C I A L R E A L E S TA T EC O M M E R C I A L R E A L E S TA T E

LOTS & BUILDING ASSEMBLAGE1597 Highway 56Butner, NC

Page 2: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

CityPlatwww.cityplat.com

919.650.2643

119 SW Maynard RdSuite 200

Cary, NC 27511

Nikita [email protected]

919.412.9038

CONFIDENTIALITY DISCLAIMER

The information contained in this Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party(ies) receiving it from CityPlat, LLC and should not be made available to any other person or entity without the written consent of CityPlat, LLC. If you are not the intended recipient, you are hereby notified that any retention, dissemination, duplication, forwarding, copying or taking any action in reliance on the contents of this information is strictly prohibited. If you receive this Offering Memorandum in error, whether in electronic or printed form, please notify the sender and destroy the document.

This Offering has been prepared to provide a summary of unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

CityPlat, LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this Offering has been obtained from sources we believe are reliable; however, CityPlat, LLC has not verified, and will not verify, any of the information contained herein, nor has CityPlat, LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.

CONTACT

C O M M E R C I A L R E A L E S TA T E

Page 3: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

Washington Ave

Butner Creedmore Rd.

5 miles

3 miles

1 miles

5

Maps &Aerials

16

ExecutiveSummary

5

PropertyPhotos

11

Demographics 20

LocationOverview

19

TABLE OFCONTENTS

Page 4: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

EXECUTIVESUMMARY

Page 5: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

EXECUTIVE SUMMARY

CityPlat is pleased to present the opportunity to buy or lease Prime Retail Space in Creedmoor NC. There are two lots for sale or lease, and one large building for sale with the front 13,000 sq ft portion of building available for lease as former restaurant and a back vacant unit that is 2,500 sq ft available for lease. Building also comes with billboard lease.

The two lots available in this assemblage are a 1 acre and .57 acre outparcel for sale, delivered pad-ready with shared storm water pond and water/sewer allocations that can accommodate. The 1 acre outparcel can accommodate a 7,500 sq ft building, and the .57 acre outparcel can accommodate a 2,000 sq ft building.

At the corner of Washington Street and NC Hwy 56, this assemblage is at the entrance of the Rogers Pointe community and across Hwy 56 from the County Library. Surrounded by supporting residential and retail, this Prime Retail Space is less than one mile from I-85, Exit 191.

5 | CityPlat

LOT 11 AcreFor Sale | $325,000For Lease | $2,500/mo

TOTAL ASSEMBLAGE SALE | $2.275M

LOT 2.57 AcresFor Sale | $250,000For Lease | $1,500/mo

LARGE BUILDING$1,700,00013,000 SF Front portion of building for lease as former Restaurant | $7,000/moVacant Unit in back of building is 2,500 SF | $2,500/moSnap fitness Gym occupies 7,446 sq ftComes with billboard lease

Page 6: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

Washington Ave

Butner Creedmore Rd.

LARGE BUILDING6 | CityPlat

* Comes with billboard lease

FOR SALE | $1,700,000

Space

Snap Fitness

Restaurant

Office Space

SF

7,446 SF

13,000 SF

2,500 SF

Availability

Leased

Available

Available

Lease Rate

-

$7,000/mo

$2,500/mo

Page 7: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

1 ACRE LOT

Washington Ave

Butner Creedmore Rd.

LOT 17 | CityPlat

• 1 Acre Outparcel for Sale

• Delivered Pad-Ready with shared storm water pond andwater/sewer allocations

• Adjacent to Dollar General, ideal for autoparts store or other general retail use

• Pad can accommodate 7,500 SF Building

• Traffic Count: 15,836 VPD

FOR SALE | $325,000FOR LEASE | $2,500/mo

Page 8: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

• .57 Acre Outparcel for Sale

• Delivered Pad-Ready with shared storm water pond andwater/sewer allocations

• Adjacent to Dollar General, ideal for autoparts store or other general retail use

• Pad can accommodate 2,000 SF Building

• Traffic Count: 15,836 VPD

LOT 28 | CityPlat

FOR SALE | $250,000FOR LEASE | $1,500/mo

.57 LOT

Washington Ave

Butner Creedmore Rd.

Page 9: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

SITE PLAN9 | CityPlat

Page 10: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

SITE PLAN10 | CityPlat

Page 11: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

11 | CityPlat

Page 12: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

12 | CityPlat

Page 13: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

6 | CityPlat6 | CityPlat13 | CityPlat

Page 14: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

6 | CityPlat6 | CityPlat14 | CityPlat

Page 15: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

LOCATIONOVERVIEW

Page 16: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

16 | CityPlat

MAPS & AERIALS

Page 17: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

Washington Ave

Butner Creedmore Rd.1 ACRE LOT

.57 ACRE LOT17 | CityPlat

Page 18: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

18 | CityPlat

MAPS & AERIALS

Pond Dr.

Washington Ave

Butner C

reedmore Rd.

Page 19: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

BUTNER, NC19 | CityPlat

Located in southern Granville County and less than thirty minutes from downtown Durham, Butner offers its residents a high quality of life, attributed to the ease and ideals of small town living and the benefits of its proximity to the Triangle.

he Town of Butner has a range of businesses from commercial, industrial and small businesses. The Town is committed to planning, partnering and progress. In the Butner Gateway, the Town purchased about 50 acres in 2014 in order to help guide growth and development in this area. The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing and new industries.

In addition to being an industrial hub, the Town is also home to several distribution centers including Food Lion. The Town also has a strong medical presence with Granville Medical Center, Duke Primary Care and several private practices (general, dentistry, optometry, etc.). Butner has a thriving commercial market with local businesses continuing to open and prosper both in “old Butner” and along the NC Hwy 56. A busy commercial corridor on NC 56 east of I-85 features many restaurants, retail uses, educational uses, and serves as a connector between Butner and nearby Creedmoor.

Page 20: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

5 miles

3 miles

1 miles

2018 Summary

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

 

2023 Summary

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 Mile

939

413

286

2.26

291

122

40.7

$59,230

$69,171

 

 1 Mile

1,005

442

304

2.26

316

126

41.4

$61,776

$74,785

5 Miles

19,176

6,366

4,407

2.56

4,412

1,953

39.2

$53,671

$63,988

 

 5 Miles

20,014

6,692

4,612

2.56

4,726

1,966

39.7

$56,430

$69,822

3 Miles

9,870

3,666

2,497

2.55

2,420

1,246

40.7

$51,945

$60,979

 

 3 Miles

10,336

3,844

2,605

2.55

2,588

1,255

41.2

$53,953

$66,118

DEMOGRAPHICS20 | CityPlat

Page 21: LOTS & BUILDING ASSEMBLAGE · The Town works with Granville County’s Department of Economic Development to create opportunities for continued industrial growth with both existing

C O M M E R C I A L R E A L E S TAT E

CityPlatwww.cityplat.com

919.650.2643

119 SW Maynard RdSuite 200

Cary, NC 27511

Nikita [email protected]

919.412.9038