1.3 ACRES I-40 VISIBILITY Ext n Morganton, NC (828) 665-9085 WhtneyCRE.com 125 Bush Drve, Morganton, NC 28655 Contguous to CHS Blue Rdge Hosptal $550,000 1.3 Acres Hgh vsblty from I-40 wth 44,000 cars per day traffc count (NC DOT) Located at a popular ext for both locals and travelers Hghest traveled corrdor between Ashevlle and Convenent to Ashevlle, Statesvlle & Charlotte Douglas Internatonal Arport Access to Carolna Health Care Systems complex and a varety of medcal servces busnesses Neghborng busnesses nclude Cracker Barrel, Hampton Inn, Everett Chevrolet/Buck/GMC, McDonald s, Telco Credt Unon, Foothlls Hgher Educaton Center, and several local and franchse eateres. EL PASO MEXICAN BURKE PRIMARY CARE Bush Drve QUALITY MART PHIFER WELLNESS QUICK MART MORGANTON EYE PHYSICIANS CANNON PHARMACY BLUE RIDGE ENT & ALLERGY CHS BLUE RIDGE HOSPITAL SITE HICKORY CARDIOLOGY ASSOCIATES BLUE RIDGE PULMONARY ORTHOPAEDIC MLS# 3277608 Karnes/CPE#: 486901 Loopnet#: 20308991 Whtney Commercal Stephane Real West Estate Servces 828.665.9085 Erc Engstrom WhtneyCRE.com 828.712.2828 336.480.5380 The Ashevlle swest@whtneycre.com Regon s Only Full-Servce eengstrom@whtneycre.com Commercal Real Estate Frm
BURKE PRIMARY CARE ORTHOPAEDIC Downtown Morganton E. Parker Rd MORGANTON EYE PHYSICIANS CANNON PHARMACY BLUE RIDGE ENT & ALLERGY MORGANTON INTERNAL MEDICINE BOAT HOUSE & SERVICES HICKORY CARDIOLOGY ASSOCIATES GRACE HEIGHTS E. Parker Rd EIGHTEEN PRODUCE & GARDENS TELCO COMMUNITY CREDIT UNION FOOTHILLS HIGHER EDUCATION ABELE S CAPTAIN D S FOOTHILLS CONFERENCE PHIFER WELLNESS Grace Hosptal Pkwy CHS BLUE RIDGE HOSPITAL BLUE RIDGE PULMONARY SITE BURKE COUNTY SOCIAL SERVICES EAR, NOSE, THROAT AND NECK Bush Drve EL PASO MEXICAN Ashevlle Stephane West 828.712.2828 swest@whtneycre.com Erc Engstrom 336.480.5380 eengstrom@whtneycre.com Debbe McManns 828.808.9060 dmcmanns@whtneycre.com 125 Bush Drve, Morganton, NC FOR SALE $550,000 1.3 Acres at I-40, Ext QUALITY MART QUICK MART Whtney Commercal Real Estate Servces 828.665.9085 WhtneyCRE.com The Ashevlle Regon s Only Full-Servce Commercal Real Estate Frm Aeral vew of 125 Bush Drve and the surroundng busnesses. Downtown Morganton s just over 2 mles up South Sterlng Street from ths locaton.
OVERVIEW Located at Ext on I-40, 125 Bush Drve n Morganton, NC n Burke County s prmarly flat, surrounded by wellestablshed neghbors, and vsble to freeway traffc, whch s estmated by the NC DOT to be 44,000 cars per day. Insde cty lmts, ths lot s zoned CBD. Adjacent and nearby busnesses nclude McDonald s, The Hampton Inn, Cracker Barrel Old Country Store, a Chevy/GMC dealershp, and the Blue Rdge Hosptal complex wth varyng medcal busnesses that surround t. In addton, other local busnesses and natonal food retal chans lne nearby TOTAL ACRES: 1.3 Ac. TAXES (2016): $3,455.45 LOT DIMENSIONS: 403 X 93.3 X 159 X 431 ROAD FRONTAGE: 431 VISIBILITY: HIGH TRAFFIC COUNTS: WATER: SEWER: Electrcal Servce Cty of Morganton Water/Sewer Servce Cty of Morganton Gas Servce PSNC servce at street Lot as seen from I-40, headng West. Hampton Inn s to the left, and part of Cracker Barrel s parkng lot s at the rght. Ths lot and Cracker Barrel share the road easement off Bush Drve, whch connects to the Blue Rdge Hosptal complex, seen at back center. 44,000 / DAY SUMMARY The soldty of the locaton s matched n advantage by the buldablty of the ste, whch has over 400 feet of road frontage along the access road shared wth Cracker Barrel. Ths locaton s well-suted to be used as a franchse store, restaurant, or a hotel. Wth road access drectly back to the hosptal, a medcal busness mght also be deal. Morganton s expectng future growth n educaton and other ndustres, one example beng the NC School of Math & Scence. BEST USES: FRANCHISE STORE, RESTAURANT, HOTEL, PROFESSIONAL SERVICES INFRASTRUCTURE, TRANSPORTATION & ACCESS Ashevlle ELECTRIC: ADDITIONAL: ROAD EASEMENT MUNICIPALITY: MORGANTON COUNTY: BURKE (See data below) ZONING: CBD TYPE: LAND DEED BOOK: 1769 DEED PAGE: 731 PIN #: 2712-29-2086 BURKE COUNTY, NC DATA Burke Co. 5 m. 10 m. BURKE COUNTY, NC: Populaton, 2017: 88,851 Populaton Ages 19-64 (2015): ~60% Projected Medan Age (2019): 44 Housng Unts (7/1/15): 40,615 Projected Housng Unts (2019): 42,143 Owner Occuped Housng (2015): 71.3% Medan Famly Income (2015): $50,332 Medan Gross Rent (2011-2015): $609 Interstate Access EMPLOYMENT: 25 m. Prvate Industres: 22,497 Approxmately 1,000 feet to I-40 West on ramp, and Government: 6,483 approxmately 2,000 feet to I-40 East on ramp Constructon, Manufacturng: 8,194 25 MILE RADIUS Dstances (mles) Utltes: 54 (FROM OF COUNTY): Retal, Trade: 3,307 : 20 Greenvlle-Spartanburg 2016 Populaton: 334,040 Transportaton, Warehousng: 370 Stephane Ashevlle: 57 West 828.712.2828 Arport: swest@whtneycre.com 85 Households: 132,242 125 Bush Drve, Morganton, Health Care: NC 5,115 Gastona: 50 Wnston-Salem: 90 Owner Occuped Housng Unts: 91,102 Erc Engstrom 336.480.5380 eengstrom@whtneycre.com Accommodaton, Food Servces: 2,573 Hendersonvlle: 66 Greensboro: 116 Average Household FOR Income: SALE $53,330 $550,000 Professonal Servces: 5,183 Debbe Charlotte McManns Int l Arport: 828.808.9060 72 Atlanta: 239 dmcmanns@whtneycre.com Populaton 20-64: 195,101 1.3 Acres at I-40, Ext TOTAL ALL INDUSTRIES: 53,776 Populaton 65+: 51,467 SURVEY MAP 93.30 41.48 117.78 402.65 159.12 Whtney Commercal Real Estate Servces 828.665.9085 WhtneyCRE.com The Ashevlle Regon s Only Full-Servce Commercal Real Estate Frm 212.37 Survey map for 125 Bush Drve, Morganton, NC, wth lot lnes and measurements hghlghted Data sources: census.gov, accessnc, esr SEE GREATER ASHEVILLE AREA MSA DATA ON PAGE 7.
The Greater Ashevlle MSA* and Regon The Ashevlle Metropoltan Statstcal Area s comprsed of four countes at the ntersecton of I-40 and I-26 n Western North Carolna SITE 1.3 ACRES MADISON Marshall Weavervlle Black Mountan BUNCOMBE HAYWOOD Ashevlle Waynesvlle ASHEVILLE REGIONAL AIRPORT HENDERSON Hendersonvlle Brevard Mlls Rver Flat Rock Knoxvlle Morganton Ashevlle Waynesvlle Hendersonvlle Charlotte Greenvlle Athens Columba Atlanta Aeral vew of the lot. Hampton Inn on the left, Cracker Barrel parkng lot on rght. Access road connects Bush Drve to Blue Rdge Hosptal parkng lot. * Buncombe County: 251,000 Haywood County: 60,000 Henderson County: 112,000 Madson County: 21,000 TOTAL MSA Populaton: 444,000 Ashevlle pop. wthn 3-mles: 52,400 Ashevlle pop. wthn 5-mles: 98,400 Ashevlle pop. wthn 10-mles: 204,500 2010 tal Households: 214,000 Ashevlle housng, Owner: 67.6% Ashevlle housng, Renter: 32.4% Lot as seen from Cracker Barrel sde of access road Stephane West 828.712.2828 swest@whtneycre.com Erc Engstrom 336.480.5380 eengstrom@whtneycre.com Debbe McManns 828.808.9060 dmcmanns@whtneycre.com Corner of Bush Drve and access road Lookng from end of access road toward I-40 125 Bush Drve, Morganton, NC FOR SALE $550,000 1.3 Acres at I-40, Ext Vew from I-40 headng West toward Ashevlle. Populaton, Housng and Wages Populaton Summary 2015 tal Populaton: 443,890 Projected 2019 Populaton: 468,146 Household Summary 2015 Households: 179,606 2015 Average Household Sze: 2.28 Housng Unt Summary 2015 Housng Unts: 210,445 Owner Occuped Housng Unts: 57.3% Average Famly Income 2015: $73,638 Average Weekly Wages 2016, Q3: $862 Medan Home Value (2013) 2015: $209,800 Per Capta Income 2015: $44,077 Medan Age 2015: 44.2 2015 Employed Pop. 16+ 215, 201 2016 Unemployment Rate 4.6% SEE SPECIFIC BURKE COUNTY DATA ON THE SUMMARY PAGE Industral Sector Informaton* INDUSTRIAL LEASING Q1 2017 Vacancy Rate Ashevlle: 2.9% Natonal: 5.3% Rental Rates (NET) Ashevlle: $5.63 Natonal: $6.14 Net Absorpton (SF) Ashevlle: 48,126 Natonal: 57,854,121 Vacant Sublease Space (SF) Ashevlle: 0 Natonal: 41,421,640 New Buldngs Delvered Ashevlle: 2 Natonal: 517 New SF Delvered Ashevlle: 75,000 Natonal: 63,349,697 SF Under Constructon Ashevlle: 40,500 Natonal: 268,096,457 INDUSTRIAL SALES Q1 2017 Transactons: 8 Sales Volume: $7,241,900 Square Feet: 75,653 Average Square Feet: 12,653 Medan Prce/Square Foot: $59.25 Industry Establshments & Employment Sector Establshments Employment GOV T INDUSTRIES 13,235 299,543 Federal 81 5,469 State 70 8,868 Local 203 26,878 PRIVATE INDUSTRIES 12,881 258,329 Goods-producng 2,088 47,946 Nat l resources/mnng 110 2,255 Constructon 1,405 12,780 Manufacturng 573 32,911 SERVICE-PROVIDING 10,793 210,383 Trade, transportaton & utltes 2,664 56,978 Informaton 215 3,008 Fnancal actvtes 1,318 9,570 Professonal and Busness servces 2,529 30,114 Educaton and Health servces 1,491 56,991 Lesure & Hosptalty 1,401 44,405 Other servces 1,175 9,316 Whtney Commercal Real Estate Servces 828.665.9085 WhtneyCRE.com *Ths data aggregated under specfc parameters n CoStar. Contact a Whtney Commercal broker The Ashevlle Regon s for more n-depth Only conversatons Full-Servce specfc to your Commercal Real Estate Frm commercal real estate needs. Sources: U.S. Census Bureau, ESRI, ProxmtyOne, Apartment Lst, Department of Numbers, Cty Data, CoStar
I-40 as seen from 125 Bush Drve Aeral vew of 125 Bush Drve S. STERLING ST. 125 Bush Dr Ashevlle DIRECTIONS Hendersonvlle Headng West toward Ashevlle on I-40: Take Morganton Ext. At bottom of ext ramp, turn rght onto South Sterlng Street. Take IMMEDIATE rght onto Bush Drve. Property s just after the Hampton Inn, on your left. Headng East toward on I-40: Take Morganton Ext. At bottom of ext ramp, turn rght onto South Sterlng Street, and go under freeway. Take frst rght onto Bush Drve. Property s just after the Hamptm Inn, on your left. FOR SALE 125 Bush Drve, Morganton, NC 28655 $550,000 Stephane West 828.712.2828 swest@whtneycre.com Erc Engstrom 336.480.5380 eengstrom@whtneycre.com Brokerage l Property Management l Constructon Stephane West 828.712.2828 swest@whtneycre.com 1100 Rdgefeld Blvd, Sute 125100, Bush Ashevlle, Drve, Morganton, North Carolna NC 28806 Erc Engstrom 336.480.5380 eengstrom@whtneycre.com Brokerage and Property Management FOR Lcensed SALE as Whtney $550,000 Commercal Real Estate, LLC General Contractng Lcensed as Whtney Constructon & Development, Inc. Debbe McManns 828.808.9060 dmcmanns@whtneycre.com 1.3 Acres at I-40, Ext (828) 665-9085 WhtneyCRE.com Informaton contaned heren s beleved to be accurate but s not warranted as to accuracy and may change or be updated wthout notce. Seller or landlord makes no representaton as to the envronmental condton of the property and recommends Purchaser s or Tenant s personal nvestgaton.