FOR SALE > Premier Boulevard Outarcels · Edwards Mill Road, Suite Raleigh, NC Daniel McPhillis...

FOR SALE >

Premier Boulevard OutparcelsRoanoke Rapids, NC 27870

COLLIERS INTERNATIONAL1201 Edwards Mill Road, Suite 300Raleigh, NC 27607www.colliers.com/rdu

Daniel McPhillipsDirector of Retail Services919 616 [email protected]

Claudia BordeauxVice President919 616 [email protected]

PROPERTY HIGHLIGHTS • Developed Outparcels Available in WalMart Supercenter anchored power center in Roanoke Rapids near the NC/VA state line.

• Located along Interstate 95, Roanoke Rapids is a popular tourist stop as it’s the first major exit when entering NC from Virginia. Exit 173 is 90 miles to Raleigh and 94 miles to Richmond.

• Premier Landing serves as a major retail hub for the county and includes retailers Starbucks, Chick-Fil-A, WalMart Supercenter, Dollar Tree, Denny’s, Harley Davidson and many others.

• Premier Blvd will be extended 2 miles to Exit 171. Currently under construction, estimated completion in 2020.

• The B-4 zone is designed to accommodate a variety of commercial enterprises that provide goods and services to a larger market area than those businesses permitted in the neighborhood business district.

• Outparcels ranging from 1.05-3.01 acres

• Price ranging $5-12 PSF RALEIGH

RICHMOND

VIRGINIANORTH CAROLINA

90 M

ILES

94 M

ILES

Exit173

NCDOT Premier Boulevard Extension

1.24 AC

3.01 AC

1.76 AC

1.05 AC

1.10 AC

1.69 AC 1.46

24,000 VPD 24,000 VPD

41,000 VPD 41,000 VPD

FOR SALE >





> RETAIL COMPETITION MAP41,000 VPD

26,000 VPD

8,400 VPD

21,000 VPD22

,000

VPD

• VISITORS & ECONOMIC IMPACT IN A 2016-17 REPORT DONE BY HALIFAX COUNTY’S VISITORS BUREAU, IT WAS NOTED THE COUNTY’S TOURISM INDUSTRY ACHIEVED RECORD ECONOMIC IMPACT IN 2016 WITH VISITOR SPENDING REACHING $91.78 MILLION.

• LODGING REVENUES REACHED A RECORD HIGH OF $17,330,900.

• VISITOR CENTER DOG RUN AVERAGES 121 VISITORS A DAY AND A YEARLY COUNT OF 44,213.

• THE VISITOR CENTER SEES 80 VISITORS A DAY

Julian R Allsbrook HWY

Old

Farm

Roa

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4th Avenue1.46 AC

1.69 AC

1.05 AC

1.10 AC

1.76 AC

3.01 AC

Prem

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andi

ng

Exit173

1.24

AC

Prem

ier B

lvd

NCDO

T Pr

emie

r Bou

leva

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xten

sion

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> PREMIER LANDING SITE PLAN

LOT3

LOT2

LOT4 LOT

3

LOT19

LOT1B

AVAILABLE OUTPARCELS

Dog Park

VisitorCenter

RoadsideMarket

CarWash

PHASE II PHASE I

FUTUREDOT ROAD

IMPROVEMENT

LOT1A

Lot 1A 1.24 B-4 Commercial $5 $270,070

Lot 1B 3.01 B-4 Commercial $5 $655,580

New Development

LOT ACREAGE CURRENT ZONING PRICE/SF SALE PRICE

Phase I, Lot 3 1.46 B-4 Commercial $7 $445,180

Phase I, Lot 19 1.76 B-4 Commercial $12 $919,990

Phase II, Lot 2 1.69 B-4 Commercial $7 $515,315



For More Information on Declarations & Easements Click Herehttps://colliersrdu.sharefile.com/share/view/sf73a90a84604583b

FOR SALE >





A new program with the potential to attract investment capital into low-income areas of North Carolina was created by recently passed federal tax legislation, known as The Tax Cuts and Jobs Act (H.R.1). North Carolina Opportunity Zones will offer qualified investors certain tax benefits when they invest unrealized capital gains into these areas.

North Carolina’s 252 zones were certified by the United States Treasury on May 18, 2018.

The federal law allows each state to designate up to 25 percent of its total low-income census tracts as zone candidates. North Carolina has just over 1,000 of these tracts, so only 252 census tracts could be selected as Opportunity Zones.

Specifically, the Opportunity Zone Program provides deferral and reduction of capital gains taxes when the gain is invested in a Qualified Opportunity Fund and maintained for at least 5 years.

Investors may delay taxes on their original capital gain investment until December 31, 2026. In addition to the tax deferral, if the OZ investment is held for 5 years, the basis for the original capital gain is increased to 10%; once the investment is held for 7 years, the basis increases to a total of 15%.

> SITES ARE LOCATED IN OPPORTUNITY ZONES

For More Information Click Herehttps://public.nccommerce.com/oz/#section-zones

For Halifax County Information Click Herehttp://www.halifaxdevelopment.com

PROGRAM OVERVIEW

The real benefit in investing in an OZ is from the gains of the OZ investment. If the OZ investment is held for 10 or more years, the gains on the investment are tax free.

The program is designed to be flexible and allows for a range of different types of investments. Unlike other federal tax credit programs, there is no authorized cap on the amount of capital that can be made available through Opportunity Zone investments.

The U.S. Department of the Treasury is still in the process of developing criteria to determine how qualified Opportunity Funds will be certified, and the process they will follow to certify those funds. The U.S. Department of the Treasury has not released a timeline for when capital may begin to flow, but earliest estimates point to late 2018 or early 2019.

=Sites

FOR SALE >





> HALIFAX COUNTY DEMOGRAPHICAL VIEWPOPULATION 3-MILE 5-MILE 10-MILE

2000 Population 17,106 29,932 50,457

2010 Population 16,401 29,192 39,871

2019 Population 15,980 28,564 39,142

2024 Population 15,598 27,911 38,289

2019-2024 Annual Rate -0.48% -0.46% -0.44%

2019 Median Age 41.3 41.2 42.7

HOUSEHOLDS

2000 Households 6,915 12,002 16,159

2010 Households 2,752 11,928 16,342

2019 Total Households 6,593 11,711 16,112

2024 Total Households 6,442 11,463 15,785

2019-2024 Annual Rate -0.46% -0.43% -0.41%

2018 Average Household Size 3.01 2.99 2.96

HOUSING

2019 Total Housing Units 7,627 13,440 18,669

2019 Owner Occupied Housing Units 46.3% 50.9% 52.9%

2019 Renter Occupied Housing Units 40.2% 50.9% 52.9%

2019 Vacant Housing Units 13.6% 12.9% 13.7%

MEDIAN HOUSEHOLD INCOME 3-MILE 5-MILE 10-MILE

2019 Median Household Income $39,594 $39,251 $38,464

2024 Median Household Income $43,838 $43,218 $42,243

AVERAGE HOUSEHOLD INCOME

2019 Average Household Income $57,566 $55,532 $53,884

2024 Average Household Income $64,532 $62,443 $60,607

PER CAPITA INCOME

2019 Per Capita Income $23,752 $22,732 $22,073

2024 Per Capita Income $26,652 $25,604 $24,863

EDUCATION

Associate’s Degree 9.7% 9.8% 9.2%

Bachelor’s Degree 14.0% 12.2% 11.0%

Graduate/Professional Degree 7.1% 6.4% 5.9%

RACE/ETHNIICTY

White Alone 52.0% 51.3% 46.7%

Black Alone 42.9% 44.2% 49.3%

Hispanic Origin 2.8% 2.5% 2.2%

AGE

18+ 75.0% 74.7% 75.8%

55+ 28.0% 27.6% 28.7%

EMPLOYMENTTotal Employees 10,646 13,302 15,760

Total Establishments 911 1,153 1,365

DISCLAIMER: No warranty or representation, express or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals.

NORTH CAROLINAVIRGINIA

ROANOKE RAPIDSGaston

Weldon

Halifax

Jackson

MurfreesboroConway

Pleasant Hill

Warrenton

Lake Gaston

FOR SALE > Premier Boulevard Outarcels · Edwards Mill Road, Suite Raleigh, NC Daniel McPhillis...

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