GREENVILLE, NORTH CAROLINA ±112-ACRE MULTI-PARCEL DEVELOPMENT OPPORTUNITY IN THE HEART OF GREENVILLE'S THRIVING MEDICAL DISTRICT STANTONSBURG ROAD

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1 GREENVILLE, NORTH CAROLINA STANTONSBURG ROAD ±112-ACRE MULTI-PARCEL DEVELOPMENT OPPORTUNITY IN THE HEART OF GREENVILLE'S THRIVING MEDICAL DISTRICT 264 MACGREGOR DOWNS ROAD B S BARBEQUE ROAD ALLEN ROAD

2 EXECUTIVE SUMMARY VIDANT MEDICAL CENTER EXECUTIVE SUMMARY Foundry Commercial is pleased to present a multi- parcel offering of +/- 112 acres in the heart of Greenville, North Carolina. The property is on and around Stantonsburg Road, Greenville's primary thoroughfare and in close proximity to Greenville's Highway 264 Bypass. The asset is strategically positioned 4 miles from downtown and less than 1 mile from the Vidant Medical Center which is home to 6,560 full- time employees. These 6,500+ employees represent an effluent daytime demographic with the cities highest income concentrated less than a mile from the site. The daytime demographics, traffic counts, and access to the new Southern section of the 264 bypass create a picturesque development environment for this corridor which is starving for retail, office, and housing to serve the growing community. FOUNDRY COMMERCIAL 2 2

3 PROPERTY INFORMATION

4 PROPERTY INFORMATION PARCEL PARCEL #1 PARCEL #2 PARCEL #3 PARCEL #4 264 MACGREGOR DOWNS ROAD B S BARBEQUE ROAD ADDRESS 2930 Radio Station Road 3550 Stantonsburg Road Landfill Road Allen Road 1 PARCEL NUMBER MUNICIPALITY LAND SIZE (GROSS) 69949, 35965, City of Greenville City of Greenville City of Greenville City of Greenville ± ± ± ± ALLEN ROAD 4 SEWER & UTILITIES Municipal water and sewer Municipal water and sewer Municipal water and sewer Municipal water and sewer PRICE $3,900,000 $1,475,000 $1,987,200 $2,140,800 FOUNDRY COMMERCIAL 4

5 PROPERTY INFORMATION 1 FUTURE LAND USE MAP PARCEL PARCEL #1 PARCEL #2 PARCEL #3 PARCEL #4 2 ADDRESS 2930 Radio Station Road 3550 Stantonsburg Road Landfill Road Allen Road 3 4 CURRENT LAND USE MO- Medical and General Office uses OR- Office/ Multifamily Residential uses MR & MCH- Single Family/Multifamily and Business/ Professional uses MO- Medical and General Office uses FUTURE LAND USE High Intensity Mixed Use High Density Residential Medium to High Density Neighborhood Medium to High Density Neighborhood FOUNDRY COMMERCIAL 5

6 PROPERTY INFORMATION PARCEL #1 Superior visibility, high traffic counts and in -place direct access off Greenville's main artery, Stantonsburg Road. Ideal site for a grocery or fitness anchored mixed use development to include retail, apartments, and/or office. Adjacent site can be assembled to have to the corner of Allen Road. ADDRESS 2930 Radio Station Road 1 PARCEL NUMBERS 69949,35965,18295 MUNICIPALITY City of Greenville LAND SIZE (GROSS) ± CURRENT LAND USE FUTURE LAND USE SEWER & UTILITIES MO- Medical and General Office uses High Intensity Mixed Use Municipal water and sewer PRICE $3,900,000 FOUNDRY COMMERCIAL 6

7 PROPERTY INFORMATION PARCEL #2 Ideal garden- style apartment site, either market rate or tax credit. In close proximity to grocery and convenience stores. A previous concept plan has yielded 300+ apartments ADDRESS 3550 Stantonsburg Road PARCEL NUMBERS MUNICIPALITY City of Greenville LAND SIZE (GROSS) ± CURRENT LAND USE OR- Office/Multifamily Residential uses 2 FUTURE LAND USE SEWER & UTILITIES High Density Residential Municipal water and sewer PRICE $1,475,000 FOUNDRY COMMERCIAL 7

8 PROPERTY INFORMATION PARCEL #3 Ideal apartment or townhome site, especially in combination with the 22 acres (parcel 1) if a mixed- use concept was introduced. ADDRESS Landfill Road PARCEL NUMBERS MUNICIPALITY City of Greenville ALLEN ROAD LAND SIZE (GROSS) ± CURRENT LAND USE MR & MCH- Single Family/Multifamily and Business/Professional uses 3 FUTURE LAND USE SEWER & UTILITIES Medium to High Density Neighborhood Municipal water and sewer PRICE $1,987,200 FOUNDRY COMMERCIAL 8

9 PROPERTY INFORMATION PARCEL #4 Ideal apartment site. Either traditional garden apartments or single or multi- story duplex style units. ADDRESS Allen Road ALLEN ROAD 4 PARCEL NUMBERS MUNICIPALITY City of Greenville LAND SIZE (GROSS) ± CURRENT LAND USE FUTURE LAND USE SEWER & UTILITIES MO- Medical and General Office uses Medium to High Density Neighborhood Municipal water and sewer PRICE $2,140,800 FOUNDRY COMMERCIAL 9

10 LOCATION OVERVIEW

11 75 Kingsport Bristol Danville Johnson City Outer Banks Oak Ridge 75 Knoxville Asheville 40 Hickory 77 Winston-Salem Salisbury 40 Burlington Greensboro High Point Durham Chapel Hill Cary RALEIGH 95 Wilson Rocky Mount STANTONS- BURG ROAD Greenville Concord Goldsboro alton Cleveland Greenville Spartanburg Gastonia Charlotte 485 Monroe Fayetteville Jacksonville 85 Anderson Lumberton Marietta Smyrna Peachtree City Alpharetta Roswell East Point Atlanta Albany 75 Gainesville GREENVILLE, Macon A QUAINT COLLEGE Warner Robins TOWN WITH DOWN- TO-EARTH 75 CULTURE COLUMBIA 26 Aiken Florence LOCATION OVERVIEW Wilmington North Charleston 95 Mount Pleasant CENTRALLY SITUATED TO SERVE THE LARGEST CONCENTRATION OF Charleston POPULATION AND INDUSTRY IN EASTERN NORTH CAROLINA Greenville, NC, also Hilton known Head as "the Capital of Eastern North Carolina" is home to East Carolina University, the renowned Island Vidant Medical Center, Pitt Community College, and a thriving small business and manufacturing environment. Savannah Hinesville Greenville's in- place economic and jobs growth initiative will create a 35% increase in jobs over the next 10 years. The initiative is successfully targeting skilled workforce in the Advanced Materials, Automotive, Aviation, Bioscienes, Information Technology, and Logistics Industries. 95 Despite the robust economic activity and growth, Greenville has retained the roots of a small southern town with a frontporch-friendly quaintness and a culture centered around the arts, education, and family values. Atlantic Ocean FOUNDRY COMMERCIAL 11

12 LOCATION OVERVIEW AREA AMENITIES AND TRAFFIC COUNTS 43 12,000 VPD 264 MACGREGOR DOWNS ROAD B S BARBEQUE ROAD ,000 VPD 1 VIDANT MEDICAL CENTER HIGHWAY 264 BYPASS ALLEN ROAD 13,000 VPD FOUNDRY COMMERCIAL 12

13 LOCATION OVERVIEW GREENVILLE ACCOLADES 175,000 MSA population 40,000 students attending college TOP 10 micro american cities of the future 10% cost of living below the national average 30,000 full- time students residing in Greenville 652,000 consumers in the regional trade area TOP 10 best places for business and careers - Forbes TOP 20 best small cities for information technology jobs 35% projected job growth over the next 10 years FOUNDRY COMMERCIAL 13

14 LOCATION OVERVIEW 1 MILE 3 MILE 5 MILE DEMOGRAPHICS 1 MILE 3 MILE 5 MILE 2017 ESTIMATED POPULATION 6,769 35,344 90, PROJECTED POPULATION 6,925 36,845 93, ESTIMATED HOUSEHOLDS 3,346 16,289 39, PROJECTED HOUSEHOLDS 3,488 17,332 41,843 AVERAGE HH INCOME $39,099 $40,293 $57,137 MEDIAN HH INCOME $36,104 $33,488 $44, TOTAL BUSINESSES 271 2,661 4, TOTAL EMPLOYEES 3,598 30,529 58,777 FOUNDRY COMMERCIAL 14

15 KARL HUDSON IV, CCIM Senior Vice President (919) foundrycommercial.com MATT GILLIAM Vice President (919)