CALL FOR OFFERS

OFFERING MEMORANDUM

7229 RUSSELL RD.DURHAM, NC

COLLIERS INTERNATIONAL | 2

7229 RUSSELL ROAD

INVESTMENT OVERVIEW

PARCEL 2

PARCEL 1

PARCEL #1 > + 28 Acres> Total $280,000

PARCEL #2 > + 10 Acres > Total $100,000 ZONING > RR with M/LR-B overlay> Residential, church, schools, vet or kennel, forestry, sports facilities (skeet shooting, paintball, archery etc) and more

POSSIBLE MITIGATION LAND> http://www.durhamnc.gov/departments/works/stormwater.cfm > Owner will consider all offers!

COLLIERS INTERNATIONAL | 3

7229 RUSSELL ROAD

PARCELS2400

PARCEL 2

PARCEL 1

COLLIERS INTERNATIONAL | 4

7229 RUSSELL ROAD

LOCATION MAP | SURROUNDING AREA

PROXIMITY TO DOWNTOWN DURHAM

DOWNTOWN DURHAM DURHAM BULLS ATHLETIC PARK

> 10,000 SEAT ARENA

DURHAM PERFORMING ARTS CENTER

> 2,712 SEAT ARENA

DURH

AM

FRE

EWAY

DUKE UNIVERSITY > 14,832 TOTAL

ENROLLEMENT

A mix of history, creativity and modern flare Downtown Durham is only a 9 minute drive from Chesterfield Village at Duke.

Duirham is continually recgonized for it's diversity in it's commuities, retailers, resteraunts, events and more. Home to the Durham Bulls, Durham Performing Art Center, Carolina Theater and the Museum of Life & Science, Durham hosts close to 5,000 events a year.

CAROLINA THEATER > 13,07 SEAT ARENA

MUSEUM OF LIFE & SCIENCE

> 2 ACRES

DUKE UNIVERSITY GOLF CLUB

> 18-HOLE CHAMPIONSHIP GOLF CLUB

COLLIERS INTERNATIONAL | 5

7229 RUSSELL ROAD

EXCELLENT ACCESSIBILITY

Location Driving Distance Notes

Duke University & Duke Medical Center

18 minutes 10.1 miles

Private University, 1,717 Faculty, 35,900 Employees,

14,950 Students

Downtown Durham 20 minutes12.4 miles

20,000 Employees, Home to DPAC (2,800 Seats) and

Durham Bulls Stadium

Research Triangle Park

27 minutes 19.7 miles

55,000 Employees, 200 Companies, 7,000 Acres,

22.5M SF Office Space

RDU International Airport

34 minutes26.2 miles

9.5 million annual passengers, 40 nonstop destinations, 400

daily flights

Downtown Raleigh 50 minutes42.5 miles

NC State Capital, CBD with 40,000 employees,

COLLIERS INTERNATIONAL | 6

7229 RUSSELL ROAD

DURHAM | ACCOLADESRECENT ACCOLADES

#1 City for Business and Careers (Durham) Forbes | 2015

#2 Fastest Growing Senior Population (Raleigh) Forbes | February 2016

#2 Easiest City to Find a Job (Raleigh) Forbes | December 2015

#3 Best Place to Live (Raleigh-Durham) U.S. News | March 2016

#3 Best Private College in the United States (Duke University) USA Today | 2015

#3 Best State of Business (North Carolina) Forbes | 2014

#3 Best City for Young Families TODAY SHOW | March 2017

Top 5 Destinations to retire in the U.S. Value Penguin | Feburary 2016

#4 Top Technology Markets (Durham) ULI Emerging Trends in Real Estate | 2015

Top 5 Multifamily Investment Markets (Raleigh-Durham); National Real Estate Investor | February 2016

#21 DPAC nominated as one of the most spectacular theaters in the US Curbed | March 2017

#6 Best Small Cities for Food Lovers (Durham) The Wall Street Journal | 2015

COLLIERS INTERNATIONAL | 7

7229 RUSSELL ROAD

DURHAM | TOP EMPLOYERS

COLLIERS INTERNATIONAL | 8

7229 RUSSELL ROAD

TRIANGLE | ACCOLADES

3Tier 1 Research

Universities

12Universities and Colleges 20K

Degrees Annually #2

Most Educated City in the U.S.

#1Midsized American City of the

Future100KEnrolled Students

#1Metro for

Life Science Clusters

RTPTop Ten

CleanTech Clusters

12Municipalities

9Major

Airport Carriers RDU

40 Non-Stop

Destinations

250Parks and Outdoor

Recreation

COLLIERS INTERNATIONAL | 9

7229 RUSSELL ROAD

DURHAM | DEMOGRAPHICS

COLLIERS INTERNATIONAL | 10

7229 RUSSELL ROAD

Colliers International 702 Oberlin RoadSuite 400Raleigh, NC 27605+1 919 832 1110www.colliers.com/rdu

Annette MontgomeryAssociate Vice President919 490-4400annette.montgomery@colliers.com

OFFERING MEMORANDUM

7229 RUSSELL RD.DURHAM, NC