RETAIL FOR LEASE The Point at Harbour View...PROPERTY OVERVIEW: The Point at Harbour View is a 55...
Transcript of RETAIL FOR LEASE The Point at Harbour View...PROPERTY OVERVIEW: The Point at Harbour View is a 55...
SUFFOLK | VA, 23435
The Point at Harbour ViewRETAIL FOR LEASE
© 2018 CB Richard Ellis of Virginia, Inc. Part of the CBRE affiliate network. 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. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
FOR MORE INFORMATION PLEASE CONTACT:
DEVELOPED BY:
NATALIE HUCKE
+1 757 217 [email protected]
NED BROOKS
+1 757 228 [email protected]
MAJOR NEW DEVELOPMENT JUST APPROVED!
TYLER BROOKS
+1 757 213 [email protected]
HAMPTON ROADS CROSSING
HARBOUR VIEW EAST
HARBOUR VIEW MARKETPLACE
55 ACREMIXED-USE
POWER CENTER
PROPERTY OVERVIEW: The Point at Harbour View is a 55 acre future Mixed Use Power Center that runs
parallel to I-664, with excellent street visibility in Northern Suffolk, VA. This mixed use
development will service Suffolk, Northern Chesapeake, Portsmouth, Isle of Wight, Surry
County and beyond, along with parts of the Peninsula (Hampton and Newport News) easily
accessed by the Monitor Merrimac Memorial Bridge Tunnel (no tolls). Excellent Interstate
exposure!
AREA INFORMATION: There are thousands of residential units completed and currently under construction in
Northern Suffolk, as well as more future residential sites going through zoning at this
point. Surrounding daytime employers include: Bon Secours Medical Center, Lockheed
Martin’s Global Center for Innovation, Lakeview Technology Center, Bridgeway
Technology Center I & II, Tidewater Community College, Virginia Modeling Analysis and
Simulation Center (VMASC) and more!
SURROUNDING RETAIL: Kroger Marketplace, Super Wal-Mart, Bed Bath & Beyond, Kohl’s, OfficeMax, Dick’s, TJ Maxx, PetSmart, Regal Cinemas, Ross, Applebee’s, Ruby Tuesday, Lidl, Walgreens, Starbucks, Bank of America, Food Lion, Petco, Harris Teeter, Ulta, Chick-Fil-A and many more!
INGRESS/EGRESS: Access from College Drive exit, to Armstead Road.
ADDRESS: College Drive & Harbour View Boulevard, at the Hampton Roads Beltway at I-664
Suffolk, VA 23435
PARCEL SIZE: 55 Acres
ZONING: B-2
LEASE RATE: Contact Agent for pricing
TRAFFIC COUNTS: 73,000 VPD - I-664 at site
22,000 VPD - College Drive
SUFFOLK | VA, 23435
RETAIL FOR LEASE
2018 Estimated Demos 3-Mile 5-Mile 10-Mile
POPULATION 38,185 76,131 410,360
AVERAGE HOUSEHOLD INCOME $81,661 $88,977 $69,068
DAYTIME POPULATION 31,064 62,770 471,006
The Point at Harbour View
EXECUTIVE SUMMARY
HARBOUR VIEW IN THE NEWS:
INSIDE BUSINESS: Harbour View is home to NEW 58,000 SF Bon Secours cancer center!
http://pilotonline.com/inside-business/harbour-view-is-home-to-new-bon-secours-cancer-
center/article_58118e19-5661-5b4b-bcf5-f344d063e36b.html
SENTARA HEALTHCARE
WEBSITE: Sentara BelleHarbour adds new 85,000 SF building expansion!
https://www.sentara.com/hampton-roads-virginia/aboutus/news/news-articles/sentara-
belleharbour-adds-new-building,-surgery.aspx
SUFFOLK NEWS HERALD: Nansemond Suffolk Academy, a private college prep school, recently opened a
new satellite campus on Harbour View Boulevard!
http://www.suffolknewsherald.com/2016/08/11/nsa-welcomes-new-campus/
SUFFOLK NEWS HERALD: The Joint Staff (1,700 employees) hosts huge electronic exercise, Cyber Guard, last
summer and just renewed their 300,000 SF lease in a state of the art R&D DoD space!
http://www.suffolknewsherald.com/2016/06/18/cyber-secure-in-suffolk/
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
OCTOBER 12, 2016
DECEMBER 7, 2016
AUGUST 11, 2016
JUNE 18, 2016
PARCEL USE LAYOUT PLAN
SUFFOLK | VA, 23435
The Point at Harbour ViewRETAIL FOR LEASE
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s AND PLANNING SOLUTIONS 857 HARBOUR VIEW BLVD. STE. 202
SUFFOLK VA. 23435-2657 0 757.935.9014 F 757.935.9015 www.landplanningsolutions.com l D ___ -----6L ______________________________ �l._ _______________ ��_���������_� _________________ ___.::...::;..'------------...l...--'--------------I.-------------'
PARCEL LAYOUT PLAN
SUFFOLK | VA, 23435
The Point at Harbour ViewRETAIL FOR LEASE
COLLEGE D
RIVE
ARMSTEAD AVE.
LAND USE PLAN
SUFFOLK | VA, 23435
The Point at Harbour ViewRETAIL FOR LEASE
COLLEGE D
RIVE
ARMSTEAD AVE.
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
73,000 VPD
RESIDENTIALPOTENTIAL OFFICE SITE
SMALL SHOPS &OUTPARCELS
POTENTIAL ANCHOR SITE
HOTEL
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
1,000+ units coming soon
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
Hampton Roads Beltway
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
SUFFOLK | VA, 23435
RETAIL FOR LEASE
Note the location of The Point at Harbour View on the Hampton Roads Beltway (highlighted)
The Point at Harbour View
Site
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
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Recently Completed 1- Bickford Senior (aged care) – 45 units 2- The Crossings (aged care) – 174 units 3- Hampton Roads Crossing (rental) – 444 units 4- Meridian at Harbour View (rental) – 224 units
Under Construction 1- Sunfall (sale) – 85 units 2- Claremont at Harbour View (rental) – 276 units 3- Park 216 (rental) – 250 units 4- Shoulders Hill (rental) – 147 units
Future Development (zoning in place) 1- Bridgeway Dr. (sale) – 70 units 2- Hampton Roads Crossing ( sale) – 266 units 3- 3800 Aqua (for rent) – 400 units 4- Rt 17 Apartments (rental) – 125 units 5- River Club (sale) – 430 units
Concept Development (rezoning required) 1- TCC Site (sale/rental ) – 1,000+ units 2- Pt at HV (sale/rental) – 500 units 3- Harbour View/HR Pkwy (rental) – 500 units 4- Shoulders Hill II (sale/rental) – 250 units 5- Bennett’s Creek (sale) – 430 units
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High Density Residential Growth - Harbour View 3-9-18
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Harbour View Market Profile, 2017 – 2022 (proj.) Population: 2017 5 miles: 93,512 10 miles: 346,751 15 miles: 865,2712022 5 miles: 98,326 10 miles: 357,829 15 miles: 891,665 Source: esri
Housing Units: 2017 5 miles: 34,888 10 miles: 121,945 15 miles: 322,7232022 5 miles: 36,573 10 miles: 125,916 15 miles: 332,249Source: esri
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
Major Employers Harbour View Market Suffolk, VA
1
23
SITE
Employer # of Employees 1- General Dynamics 50 2- Northrup Grumman 85 3- Lockheed Martin 70 4- Sysco Foods 500 5- TowneBank 300 6- DoD Joint Staff J7 1,700 7- US Navy Dom Forces (cyber) 1,500 8- Walmart 225 9- Kroger 150 10- Old Dom Univ/TCC 65 11- Bon Secours Medical 375 12- Sentara Medical 300
Significant employers nearby… Employer # of Employees Huntington Ingalls Shipyard 18,000 8 miles north Dt. Norfolk 30,000 10 miles east Norfolk Naval Station 110,000 16 miles east
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DEMOGRAPHIC PROFILE
NEW MARKER
3 MILES 5 MILES 10 MILES
2018 Businesses 858 1,718 11,134
2018 Employees 10,404 20,401 228,489
2018 Population - Current Year Estimate 38,185 76,131 410,360
2023 Population - Five Year Projection 39,532 79,861 417,606
2010 Population - Census 35,440 69,312 395,424
2000 Population - Census 30,584 60,175 372,759
2010-2018 Annual Population Growth Rate 0.91% 1.14% 0.45%
2018-2023 Annual Population Growth Rate 0.70% 0.96% 0.35%
2018 Population 38 ,185 76 ,131 410 ,360
Age 0-4 2,744 7.2% 4,911 6.5% 25,149 6.1%
Age 5-9 2,787 7.3% 5,116 6.7% 24,877 6.1%
Age 10-14 2,791 7.3% 5,170 6.8% 24,097 5.9%
Age 15-19 2,530 6.6% 4,801 6.3% 30,048 7.3%
Age 20-24 2,623 6.9% 4,643 6.1% 44,848 10.9%
Age 25-29 3,059 8.0% 5,387 7.1% 34,226 8.3%
Age 30-34 2,919 7.6% 5,397 7.1% 28,494 6.9%
Age 35-39 2,762 7.2% 5,336 7.0% 25,389 6.2%
Age 40-44 2,559 6.7% 4,981 6.5% 22,323 5.4%
Age 45-49 2,522 6.6% 5,025 6.6% 22,833 5.6%
Age 50-54 2,325 6.1% 4,956 6.5% 24,033 5.9%
Age 55-59 2,328 6.1% 5,083 6.7% 25,239 6.2%
Age 60-64 2,043 5.4% 4,553 6.0% 22,698 5.5%
Age 65-69 1,643 4.3% 3,863 5.1% 19,162 4.7%
Age 70-74 1,106 2.9% 2,766 3.6% 13,847 3.4%
Age 75-79 698 1.8% 1,827 2.4% 9,610 2.3%
Age 80-84 392 1.0% 1,147 1.5% 6,384 1.6%
Age 85 and Older 354 0.9% 1,168 1.5% 7,102 1.7%
2018 Median Age 34.4 37.5 33.8
2018 Population 38 ,185 76 ,131 410 ,360
Generation Alpha (Born 2017 or Later) 1,090 2.9% 1,934 2.5% 10,086 2.5%
Generation Z (Born 1999-2016) 9,762 25.6% 18,064 23.7% 94,085 22.9%
Millennials (Born 1981-1998) 10,276 26.9% 18,654 24.5% 123,181 30.0%
Generation X (Born 1965-1980) 8,033 21.0% 16,068 21.1% 74,060 18.1%
Baby Boomers (Born 1946-1964) 7,188 18.8% 16,276 21.4% 80,857 19.7%
Greatest Generations (Born 1945 or Earlier) 1,836 4.8% 5,135 6.7% 28,091 6.9%
©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:354213
PLACE OF WORK
POPULAT ION
A G E
GENERAT IONS
DEMOGRAPHICS
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
DEMOGRAPHIC PROFILE
NEW MARKER
3 MILES 5 MILES 10 MILES
2018 Population 38 ,185 76 ,131 410 ,360White 14,584 38.2% 40,219 52.8% 177,080 43.2%Black or African American 19,830 51.9% 28,587 37.5% 199,108 48.5%Asian 1,198 3.1% 2,632 3.5% 9,513 2.3%American Indian or Alaska Native 137 0.4% 273 0.4% 1,862 0.5%Pacific Islander 61 0.2% 104 0.1% 471 0.1%Other Race 630 1.6% 1,067 1.4% 7,390 1.8%Two or More Races 1,744 4.6% 3,249 4.3% 14,934 3.6%
Hispanic 2,347 6.1% 4,373 5.7% 24,610 6.0%White Non-Hispanic 13,572 35.5% 38,114 50.1% 165,695 40.4%
2018 Population 25 and Over 24 ,711 51 ,491 261 ,341Less than 9th Grade 681 2.8% 1,169 2.3% 8,288 3.2%9-12th Grade - No Diploma 1,230 5.0% 2,381 4.6% 22,463 8.6%High School Diploma 4,911 19.9% 10,237 19.9% 56,362 21.6%GED or Alternative Credential 955 3.9% 1,841 3.6% 12,816 4.9%Some College - No Degree 6,350 25.7% 13,007 25.3% 65,592 25.1%Associate`s Degree 2,303 9.3% 4,714 9.2% 23,125 8.8%Bachelor`s Degree 4,990 20.2% 11,114 21.6% 42,961 16.4%Graduate or Professional Degree 3,291 13.3% 7,028 13.6% 29,734 11.4%
2018 Population 38 ,185 76 ,131 410 ,360Males 17,842 46.7% 36,241 47.6% 206,755 50.4%Females 20,343 53.3% 39,890 52.4% 203,605 49.6%
2018 Population 15+ 29 ,864 60 ,934 336 ,237Never Married 10,587 35.5% 19,225 31.6% 140,197 41.7%Married 14,526 48.6% 31,865 52.3% 138,618 41.2%Widowed 1,381 4.6% 3,034 5.0% 19,276 5.7%Divorced 3,370 11.3% 6,810 11.2% 38,146 11.3%
2018 Civi l ian Population 16+ in Labor Force 19 ,385 38 ,508 185 ,9012018 Employed Civilian Population 16+ 18,067 93.2% 36,419 94.6% 173,135 93.1%2018 Unemployed Population 16+ 1,318 6.8% 2,089 5.4% 12,765 6.9%
2018 Employed Civi l ian Population 16+ 18 ,067 36 ,419 173 ,135White Collar 11,167 61.8% 23,521 64.6% 99,394 57.4%Services 3,247 18.0% 5,626 15.4% 34,471 19.9%Blue Collar 3,650 20.2% 7,270 20.0% 39,269 22.7%
©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 2 ProjectID:354213
RACE AND ETHNIC ITY
EDUCAT ION
GENDER
MAR ITAL STATUS
EMPLOYMENT STATUS
CLASS OF WORKER
DEMOGRAPHICS
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
DEMOGRAPHIC PROFILE
NEW MARKER
3 MILES 5 MILES 10 MILES
2018 Daytime Population 31 ,064 62 ,770 471 ,006Daytime Workers 11,323 36.5% 24,299 38.7% 265,382 56.3%Daytime Residents 19,741 63.5% 38,471 61.3% 205,624 43.7%
2018 Households - Current Year Estimate 13,939 28,349 149,9532023 Households - Five Year Projection 14,416 29,648 152,4722010 Households - Census 12,936 25,926 144,7272000 Households - Census 10,808 21,354 137,649
2010-2018 Annual Household Growth Rate 0.91% 1.09% 0.43%2018-2023 Annual Household Growth Rate 0.68% 0.90% 0.33%
2018 Average Household Size 2.73 2.67 2.49
2018 Households 13 ,939 28 ,342 149 ,945Under $15,000 866 6.2% 1,454 5.1% 20,607 13.7%$15,000-$24,999 1,088 7.8% 1,909 6.7% 15,851 10.6%$25,000-$34,999 1,114 8.0% 2,094 7.4% 15,543 10.4%$35,000-$49,999 1,956 14.0% 3,651 12.9% 21,766 14.5%$50,000-$74,999 2,947 21.1% 5,341 18.8% 26,657 17.8%$75,000-$99,999 2,213 15.9% 4,816 17.0% 18,414 12.3%$100,000-$149,999 2,240 16.1% 5,411 19.1% 18,049 12.0%$150,000-$199,999 815 5.9% 1,880 6.6% 6,508 4.3%$200,000 and Over 699 5.0% 1,785 6.3% 6,549 4.4%
2018 Average Household Income $81,661 $88,977 $69,0682023 Average Household Income $95,685 $103,557 $81,2852018 Median Household Income $64,115 $73,167 $50,7562023 Median Household Income $73,844 $80,976 $56,5332018 Per Capita Income $29,897 $33,299 $26,7562023 Per Capita Income $34,981 $38,598 $31,164
2018 Owner Occupied Housing Units 8 ,128 19 ,438 77 ,626Under $50,000 150 1.8% 355 1.8% 1,935 2.5%$50,000-$99,999 218 2.7% 304 1.6% 4,006 5.2%$100,000-$149,999 693 8.5% 1,070 5.5% 11,363 14.6%$150,000-$199,999 1,386 17.1% 2,935 15.1% 15,719 20.2%$200,000-$249,999 1,583 19.5% 3,782 19.5% 11,744 15.1%$250,000-$299,999 1,311 16.1% 3,215 16.5% 8,634 11.1%$300,000-$399,999 1,555 19.1% 4,262 21.9% 11,211 14.4%$400,000-$499,999 435 5.4% 1,379 7.1% 4,730 6.1%$500,000-$749,999 427 5.3% 1,193 6.1% 4,879 6.3%$750,000-$999,999 211 2.6% 568 2.9% 1,808 2.3%$1,000,000-$1,499,999 77 0.9% 221 1.1% 1,085 1.4%$1,500,000-$1,999,999 0 0.0% 8 0.0% 157 0.2%$2,000,000 and Over 81 1.0% 147 0.8% 355 0.5%
2018 Median Value of Owner Occ. Housing Units $251,278 $269,806 $224,6512018 Average Value of Owner Occ. Housing Units $312,043 $328,721 $291,787
©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 3 ProjectID:354213
DAYT IME POPULAT ION
HOUSEHOLDS
HOUSEHOLD INCOME
HOUS ING VALUE
DEMOGRAPHICS
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
DEMOGRAPHIC PROFILE
NEW MARKER
NAME LATITUDE LONGITUDE
NEW MARKER 36.8919154216275 -76.4292244230735
©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri ProjectID:354213
DEMOGRAPHICS
SUFFOLK | VA, 23435
RETAIL FOR LEASE
The Point at Harbour View
SUFFOLK | VA, 23435
The Point at Harbour ViewFOR LEASE
© 2018 CB Richard Ellis of Virginia, Inc. Part of the CBRE affiliate network. 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. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
FOR MORE INFORMATION PLEASE CONTACT:
DEVELOPED BY:
NATALIE HUCKE
+1 757 217 [email protected]
NED BROOKS
+1 757 228 [email protected]
MAJOR NEW DEVELOPMENT JUST APPROVED!
COLLEGE DRIVE
55 ACREMIXED-USE
POWER CENTERCOMING SOON!
TYLER BROOKS
+1 757 213 [email protected]
RESIDENTIAL
POTENTIAL ANCHOR SITE
SMALL SHOPS &OUTPARCELS
POTENTIAL OFFICE SITEHOTEL