THE RIVERSIDE PLAZA 1600 W Howard Ave , Tarboro, NC …...1600 W Howard Ave , Tarboro, NC 27886 for...

T H E R I V E R S I D E P L A Z A1600 W Howard Ave , Tarboro, NC 27886for more information N I C K W I L S O N

BrokerO: 910.829.1617 x214C: [email protected]

150 N. McPherson Church RdFayetteville, NC 28303

www.grantmurrayre.com

R ETAIL PROPERT Y FOR LEA SE

for more information N I C K W I L S O N


OFFERING SUMMARY

Available SF: 5,000 - 44,000 SF

Lease Rate: $2.00 SF/yr (NNN)

Lot Size: 12.0 Acres

Building Size: 300,000

This is an End cap within a large strip center in an excellent location on route 64 alt. just 15minutes East of interstate 95. One building with automotive center in the front and can be utilizedas an auto shop or be expanded to include all or part of the main store. The second space features44,000 sq.ft plus 5000 sq.ft mezzanine with a large loading dock. The property has a Mcdonalds,Burger-king, taco bell, O'Reilly's auto parts, Rib eye's steak house and many other business withinthe parking lot parameters.

PROPERTY OVERVIEW

The Riverside Plaza1 6 0 0 W H O WA R D AV E , TA R B O R O , N C 2 7 8 8 6

E XEC U T IVE SU MMA RY




A D D IT I O NA L PH OTOS




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R E TA I LER MA P

Executive Summary1600 W Howard Ave, Tarboro, North Carolina, 27886 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.89977

Longitude: -77.56018

1 mile 3 miles 5 milesPopulation

2000 Population 4,122 12,590 16,4942010 Population 4,267 13,696 17,7522016 Population 4,209 13,578 17,6672021 Population 4,181 13,500 17,5882000-2010 Annual Rate 0.35% 0.85% 0.74%2010-2016 Annual Rate -0.22% -0.14% -0.08%2016-2021 Annual Rate -0.13% -0.12% -0.09%2016 Male Population 43.8% 45.2% 46.2%2016 Female Population 56.2% 54.8% 53.8%2016 Median Age 46.8 42.0 41.8

In the identified area, the current year population is 17,667. In 2010, the Census count in the area was 17,752. The rate of change since 2010 was -0.08% annually. The five-year projection for the population in the area is 17,588 representing a change of -0.09% annually from 2016 to 2021. Currently, the population is 46.2% male and 53.8% female.

Median Age

The median age in this area is 46.8, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 52.7% 41.6% 41.0%2016 Black Alone 43.0% 52.7% 52.5%2016 American Indian/Alaska Native Alone 0.5% 0.3% 0.4%2016 Asian Alone 0.7% 0.5% 0.4%2016 Pacific Islander Alone 0.0% 0.1% 0.1%2016 Other Race 1.8% 3.9% 4.6%2016 Two or More Races 1.3% 1.0% 1.1%2016 Hispanic Origin (Any Race) 3.4% 6.1% 7.2%

Persons of Hispanic origin represent 7.2% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 61.6 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 1,762 4,843 6,2112010 Households 1,853 5,401 6,8792016 Total Households 1,831 5,346 6,8222021 Total Households 1,811 5,285 6,7512000-2010 Annual Rate 0.50% 1.10% 1.03%2010-2016 Annual Rate -0.19% -0.16% -0.13%2016-2021 Annual Rate -0.22% -0.23% -0.21%2016 Average Household Size 2.08 2.42 2.49

The household count in this area has changed from 6,879 in 2010 to 6,822 in the current year, a change of -0.13% annually. The five-year projection of households is 6,751, a change of -0.21% annually from the current year total. Average household size is currently 2.49, compared to 2.47 in the year 2010. The number of families in the current year is 4,559 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

June 21, 2017

©2016 Esri Page 1 of 2

Executive Summary1600 W Howard Ave, Tarboro, North Carolina, 27886 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.89977

Longitude: -77.56018

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $41,078 $34,522 $35,2662021 Median Household Income $42,610 $33,095 $33,4332016-2021 Annual Rate 0.74% -0.84% -1.06%

Average Household Income

2016 Average Household Income $55,423 $49,554 $49,4992021 Average Household Income $59,343 $52,443 $52,0282016-2021 Annual Rate 1.38% 1.14% 1.00%

Per Capita Income2016 Per Capita Income $24,495 $20,726 $20,0742021 Per Capita Income $25,873 $21,751 $20,9322016-2021 Annual Rate 1.10% 0.97% 0.84%

Households by IncomeCurrent median household income is $35,266 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $33,433 in five years, compared to $59,476 for all U.S. households

Current average household income is $49,499 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $52,028 in five years, compared to $84,021 for all U.S. households

Current per capita income is $20,074 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $20,932 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 1,821 5,823 7,5782000 Owner Occupied Housing Units 1,038 3,001 4,0922000 Renter Occupied Housing Units 724 1,842 2,1192000 Vacant Housing Units 59 980 1,367

2010 Total Housing Units 1,967 5,911 7,5482010 Owner Occupied Housing Units 956 2,993 4,1352010 Renter Occupied Housing Units 897 2,408 2,7442010 Vacant Housing Units 114 510 669



Currently, 51.0% of the 7,610 housing units in the area are owner occupied; 38.7%, renter occupied; and 10.4% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 7,548 housing units in the area - 54.8% owner occupied, 36.4% renter occupied, and 8.9% vacant. The annual rate of change in housing units since 2010 is 0.36%. Median home value in the area is $89,001, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 2.22% annually to $99,305.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

June 21, 2017

©2016 Esri Page 2 of 2

THE RIVERSIDE PLAZA 1600 W Howard Ave , Tarboro, NC …...1600 W Howard Ave , Tarboro, NC 27886 for...

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