14321 Highway 74 East Indian Trail,NC

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1 14321 Highway 74 East Indian Trail,NC For Sale or Build to Suit Retail Site $1,395,000 Offering Highlights Zoned Regional Business District (RBD) Adjacent to Wal-Mart and other national retailers and restaurant chains Vic Salem Advisor feet of frontage on Highway 74 East Traffic count of over 50,000 vehicles per day

2 For Sale or Build to Suit Retail Site Land Highway 74 East Indian Trail, NC Property Overview Sale Price: $1,395,000 Lot Size: 2.46 Acres APN #: Market: Charlotte, NC Sub Market: Indian Trail Property Overview Property Location Excellent retail location on NC Highway 74 East near I-485. Great visibility with over 330 feet of frontage on Highway 74. Across super Wal-Mart and close to major retailers and restaurants. Zoned Regional Business District (RBD). County water and sewer available. Traffic count is over 50,000 cars per day Highway 74 East, Indian Trail, NC. Near Unionville-Indian-Trail Road intersection. Less than 2 miles from I-485 Presented by VIC SALEM vic.salem@svn.com 2

3 For Sale or Build to Suit Retail Site Location Maps 3

4 Surrounding Area 4

5 Site Plan Site Plan Description Excellent retail location on NC Highway 74 East near I-485. Great visibility with over 330 feet of frontage on Highway 74. Across super Wal-Mart and close to major retailers and restaurants. Zoned Regional Business District (RBD). County water and sewer available. Traffic count is over 50,000 cars per day. 5

6 For Sale or Build to Suit Retail Site Planned Turn Site Lane Plan Planned Turn Lane at Property DOT approved signalized turnaround lane in front of property. 6

7 For Sale or Build to Suit Retail Site Demographics Map Highway 74 East Indian Trail, NC Radius Map 1 Mile 3 Miles 5 Miles Total Population 3,039 30,672 83,632 Total Number of Households 1,116 10,701 29,013 Average Household Income $69,992 $76,137 $83,675 Median Age * Demographic information provided by BuildOut, LLC 7

8 Demographics Report Highway 74 East Indian Trail, NC For Sale $1,395,000 1 Mile 3 Miles 5 Miles Total Population 3,039 30,672 83,632 Total Number of Households Total Number of Persons per Household Average House Value Average Household Income 1,116 10,701 29, $233,434 $226,549 $247,089 $69,992 $76,137 $83,675 Median Age Median Age - Male Median Age - Female Total Population - White Total Percent - White 2,723 25,954 69, % 84.6% 83.3% Total Population - Black Total Percent - Black 127 2,454 7, % 8.0% 8.8% Total Population - Asian Total Percent - Asian , % 1.8% 2.3% Total Population - Hawaiian Total Percent - Hawaiian % 0.1% 0.0% Total Population - Indian Total Percent - Indian % 0.6% 0.7% Total Population - Other Total Percent - Other , % 2.9% 2.7% Total Population - Hispanic Total Percent - Hispanic 249 2,760 6, % 9.0% 7.8% * Demographic information provided by BuildOut, Inc. 8

9 Land For Sale City Information Indian Trail, NC Town of Indian Trail, NC - Located in the southern portion of the Piedmont region of North Carolina, Indian Trail is situated astride US 74 approximately 15 miles southeast of Charlotte in Union County. The town derived its name from the Native American path that wound through this area, hence the name Indian Trail. Our town has much to offer - welcome! City Highlights The Town was named one of the top ten best places in America to raise a family by Family Circle Magazine; Indian Trail is continuing to grow while at the same time preserving a family friendly atmosphere. Indian Trail is located in Union County just fifteen miles from the city center of Charlotte, the largest city in North Carolina. Since 1990, the population has grown from under 1,942 people to a population of 33,518 as reported by the 2010 Census. In January of 2009, The Gadberry Group, a location services firm based in Little Rock, Arkansas, released a report noting the eight most high growth areas in the nation. Indian Trail placed fifth out of the eight cities due to a 95% increase in population from the year 2000 to Additionally this same report found that the household income increased 38% from $63,578 to $87,707. The growth in income levels and net worth data earned Indian Trail a ranking of second place for a high economic stability index. Children within the town limits of Indian Trail attend Union County Schools. The Union County School System is celebrated for its excellence in education. Currently the system ranks number one among the eight largest school systems in the state, and almost one third of the schools are designated as Honor Schools of Excellence, which is the high rating possible. Please visit their website for more information: 9

10 For Sale or Build to Suit Retail Site Advisor Bio & Contact Vic Salem Advisor Sperry Van Ness/Percival Partners, LLC With a vast commercial real estate background and career, Vic has run his own development company, managed commercial property and brokered Industrial and Office property. Career highlights include: MARCUS & MILLICHAP Charlotte, NC Industrial and Office broker Memberships & Affiliations Licensed NC Broker Vic Salem Advisor Phone: Cell: vic.salem@svn.com Address: 4600 Park Rd. Suite 370 Charlotte, NC V. SALEM DEVELOPMENT CORP. Commercial development, construction and investment Sales Company based in the Triad, North Carolina. Identified and procured raw entitled land for commercial and multi-family development purposes based on target markets. Performed income projections, market research and analyzed demographics including income levels, population growth and economic and inventory trends. Consistently reviewed zoning laws and regulations and developed rapport with various municipalities and zoning boards. Oversaw the development, construction and coordination of multiple commercial and residential projects in the Triad and Charlotte, NC area. Instituted Value added services such as Design Build, Architectural and rezoning consultations to enhance firm income. COMMERCIAL PROPERTY MANAGER L-S COMPANIES Oversaw leasing and property management operations of over 250,000 square feet of office and retail space in the Triad, North Carolina. Planned long term budgets for capital improvements, devised marketing plans and advertising budgets, performed consistent and fair enforcement of regulations and conducted regular and informative communication with tenants. Increased rental income by over 12% year over year and reduced expenses by 15% during the same period. 10