OFFICE/MIXED-USE DEVELOPMENT...+ Multi-tenant office or mixed-use development opportunity + +/-...
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OFFICE/MIXED-USE DEVELOPMENT LAND FOR SALE WENDELL FALLS PARKWAY | WENDELL, NC
Transcript of OFFICE/MIXED-USE DEVELOPMENT...+ Multi-tenant office or mixed-use development opportunity + +/-...
OFFICE/MIXED-USEDEVELOPMENT
LAND FOR SALE
WENDELL FALLS PARKWAY | WENDELL, NC
June 12, 2017Wendell Falls - Taylor Road Mixed-Use
TAYLOR ROAD
WEN
DELL FA
LLS PARKW
AY
MIXED-USEBUILDING
OVERHEAD POWER LINES
89 PARKING SPACES
FIRST FLOORSECOND FLOOR
TOTAL
13 110 GSF13 110 GSF
26 220 GSF
30’
20’
EASEMENT
EASEMENT
32 POTENTIAL PARKING SPACES
LOCATION PLAN
US 495
WENDELL FALLS PARKWAY
TAYLOR ROAD
SITE
0 5 20 500 5 20 50
SCALE - 1:40
SITE PLAN
property features + Multi-tenant office or mixed-use development opportunity
+ +/- 2.806 acres
+ Preliminary layouts depict a 26,220 sq. ft. two-story office/mixed-use facility with 89 paved parking spaces; potential to expand to 121 spaces
+ Prime location in a high-demand submarket, at a future signalized intersection across from a planned grocery-anchored retail center and multifamily development
+ Convenient on and off access via the Wendell Falls Parkway/I-87 interchange with excellent visibility and signage opportunities along Taylor Road and Wendell Falls Parkway
+ Possible tenant mix could include dental/medical office, financial services, professional services, small-format retail, etc.
+ Zoned Neighborhood Mixed-Use in Wendell Falls Planned Unit Development
+ Zoning allows day cares, medical services, personal and professional services, art/dance/music studios, fitness centers, community facilities, schools, restaurants, standalone retail, hotels, etc.
+ Municipal water and sewer service available through the City of Raleigh
+ AT&T gigabit fiber optic ready
+ Site is pad-ready with all utilities, stormwater and infrastructure in place
+ Conceptual architectural renderings are available
+ $1,150,000 sale price
+ Owner can provide an active list of interested tenants upon contract execution
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June 12, 2017Wendell Falls - Taylor Road Mixed-Use
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June 12, 2017Wendell Falls - Taylor Road Mixed-Use
June 12, 2017Wendell Falls - Taylor Road Mixed-Use
60’
60’
20’ TYP.
ELEC.
ELEV. LOBBY
11 656 U.S.F.
SCALE - 1:20
FLOOR ONE
0 5 20 50
1A
1B
1C
1D
1E
1F1G
1H
1I
1J
1A 1 160 U.S.F.1 045 U.S.F.
985 U.S.F.1 150 U.S.F.1 125 U.S.F.2 121 U.S.F.
960 U.S.F.990 U.S.F.950 U.S.F.
1 180 U.S.F.
1B1C1D1E1F1G1H1I
1J
SPRINKLER
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June 12, 2017Wendell Falls - Taylor Road Mixed-Use
SCALE - 1:20
ELEC.
MEN’S
WOMEN’S
60’
60’
20’ TYP.
11 010 U.S.F.
FIRST FLOOR
SECOND FLOOR
TOTAL
13 110 GSF
13 110 GSF
26 220 GSF
0 5 20 50
FLOOR TWO
0 5 20 50
2A
2B
2C
2D
2E
2F2G
2H
2I
2J
2A 1 160 U.S.F.1 045 U.S.F.
850 U.S.F.875 U.S.F.875 U.S.F.
2 165 U.S.F.930 U.S.F.930 U.S.F.
1 000 U.S.F.1 180 U.S.F.
2B2C2D2E2F2G2H2I
2J
2018 Demographics
Drive Times 5 Mins. 10 Mins. 15 Mins. 20 Mins.
Population 4,949 45,675 151,710 377,363
Households 1,756 16,556 54,404 142,325
Average HH Income $75,388 $76,607 $72,856 $76,410
Median Age 36 36 35 35
Traffic Counts
VPD
US Highway 264/I-87 @ Wendell Falls Parkway 59,000
US Highway 264/I-87 @ I-540 86,000
www.realestateconsulting.com
Drive Time Map
1
WENDELL FALLS
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WENDELL FALLS PKW
Y.
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TREELIGHT SQUARE TOWN CENTER + More than 45 contiguous acres available in Treelight Square for an estimated 260,000 square foot
grocery-anchored neighborhood retail hub
+ Pad-ready sites can be made available for single users or larger, multi-tenant developments
TAYLOR ROAD COMMERCIAL PARCELS + +/- 2.806 acres available for multi-tenant office/mixed-use development (pad-ready)
+ +/- 1.905-acre retail pad with prime corner, future stoplight access and visibility (pad-ready)
+ AT&T gigabit fiber optic ready
TAYLOR ROAD
RETAIL PAD+/- 4 ACRESAVAILABLE
RETAIL PAD+/- 1.905 ACRES
AVAILABLE
WENDELL FALLS FIRE/EMS STATIONUNDER CONSTRUCTION
CARDINAL CHARTER ACADEMYUNDER CONSTRUCTION
MULTI-TENANT OFFICE/MIXED-USE+/- 2.806 ACRES
AVAILABLE
NORFOLK
SOU
THER
N R
AILR
OA
D
TAYLOR ROAD
DOUGLAS FALLS DRWENDELL FALLS PARKWAY
LIBE
RTY
STAR
RD
BIG FALLS DR
DAN
IEL
RIDGE RD
VINTAGE PO
INT
LN IRON MILL DR
MAR
TIN
PON
D RO
AD
RHODESCHOOL DR
CHESTNUT FALLS RD
MIL
L ST
ATIO
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POOLE R
OAD
ELK FALLS DRIVE
KNIGHTDALE E
AGLE ROCK R
OAD
WENDELL FALLS PARKWAY
87
64
LAKE MYRA
PLANNEDWAKE COUNTY
PARK
PLANNEDMARKS CREEK
GREENWAY
PLANNEDWAKE COUNTY
PARK
LAKE MYRAELEMENTARY
SCHOOL
POWER EASEMENT
POWER EASEMENT
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THE COLLECTIVE OFFICE ANDREGIONAL COMMERCIAL
(AVAILABLE)
TAYLOR ROAD COMMERCIAL(PADS AVAILABLE)
CURRENT HOMEBUILDERS
Capitol City Homes
Dan Ryan Homes
David Weekley Homes
Fresh Paint by Garman Homes
Garman Homes
Homes by Dickerson
Royal Oaks Homes
RESIDENTIAL LOTS
RESIDENTIAL LOTS
TREELIGHT SQUARENEIGHBORHOOD COMMERCIAL
(AVAILABLE)
FUTURE MULTIFAMILY288 UNITS
UNDER CONSTRUCTION
MEDICAL OFFICE SITES(UNDER CONTRACT)
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RALEIGH
CARY
APEX
GARNER
HOLLY SPRINGS
KNIGHTDALE
RDU
FUQUAY VARINA
WENDELL
ZEBULON
ROLESVILLE
RTP
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ANGIER
DURHAM
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Residential & Commercial Permit Concentrations
2018Wake County
This Map:Created by Wake County
Wake County Planning DepartmentFeb. 1, 2019
Information depicted hereon is for reference purposes only and is derived from best
available sources. Wake County assumes noresponsibility for errors arising from misuse
of this map.
Legend2018 Building PermitsConcentrations
High
Low
2018 Total New Residential and Commercial Building Permits: 73632017 Total New Residential and Commercial Building Permits: 7188
Author: Bill Shroyer; Long Range Planning, Wake County
Jurisdiction Residential Permits 2018 Commercial Permits 2018ANGIER 0 0APEX 1585 28CARY 850 14CLAYTON 0 0DURHAM 0 0FUQUAY VARINA 501 7GARNER 237 21HOLLY SPRINGS 500 8KNIGHTDALE 137 9MORRISVILLE 139 4RALEIGH 1257 78RDU 0 1ROLESVILLE 172 2RTP 0 6WAKE FOREST 667 20WENDELL 348 4ZEBULON 132 1WAKE COUNTY 626 9TOTALS 7151 212
WAKE COUNTY BUILDING PERMITS
WENDELL FALLS
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15 mileUber Ride to/fromDowntown Raleigh
32% MILLENNIAL HOMEOWNERS
IN WENDELL FALLS
$305,000 AVG. HOME SALE PRICE
IN WENDELL FALLS
Connected Expressive
At Capacityresident traits
Environmentally FOCUSED AND
Conscious community
406% GROWTH IN NUMBER OF HOUSEHOLDS SINCE 2015
up to10,000 residentsAND 4,000 HOMES IN
WENDELL FALLS AT CAPACITY
#5IN THE TRIANGLE IN HOME
STARTS IN 2017
THE TRIANGLEGET on THE LIST
UNC CHAPEL HILL
43 miles
DUKE UNIVERSITY
41 miles
NC STATE UNIVERSITY
18 miles
DOWNTOWN DURHAM
41 miles
DOWNTOWN RALEIGH
15 miles
DOWNTOWNCHAPEL HILL
43 miles
RDU INTL. AIRPORT
28 miles
RESEARCH TRIANGLE PK.
32 miles
FIVE COUNTY STADIUM
13 miles
RED HAT AMPHITHEATER
16 miles
DBAP39 miles
COASTAL CUMUSIC PARK
13 miles
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DOWNTOWN DURHAM
41 miles
DOWNTOWN RALEIGH
15 miles
DOWNTOWNCHAPEL HILL
43 miles
#1HEALTHIEST COUNTY IN NC
(WAKE COUNTY)
TOP 3LABOR MARKETS IN THE U.S.
(WAKE COUNTY)
63NEW RESIDENTS PER DAY
(WAKE COUNTY)
50%RESIDENTS AGE 26+ HOLD A
BACHELOR’S DEGREE OR HIGHER(WAKE COUNTY)
13NATIONALLY RANKED
HIGH SCHOOLS(WAKE COUNTY)
143%POPULATION GROWTH
FROM 1990-2016(WAKE COUNTY)
FOR MORE INFORMATION, CONTACT US:
CHESTER F. ALLEN, CCIMExecutive Vice PresidentLand Services+1 919 831 [email protected]
CHARLIE COYNESenior Vice PresidentRetail Services+1 919 831 [email protected]
© 2019 CB Richard Ellis - Raleigh LLC. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
WWW.WENDELLFALLS.COM
WWW.CBRE.US/RALEIGH
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