NEW RETAIL DEVELOPMENT FOR LEASE PROPERTY INFORMATION Huffman Mill Commons, the new +/-150,000 SF power center development offers prime retail location in the growing Burlington, North Carolina market. Located off I-40/85 and Huffman Mill Road, the center enjoys easy access, with signalized intersection and excellent visibility on Burlington s main retail corridor with extensive national brand co-tenancy. DEMOGRAPHICS PROPERTY HIGHLIGHTS Size: 150,000 SF Anchored by Academy Sports + Outdoors - NOW OPEN Burlington Coat Factory & Chipotle Coming Soon +/-15,000-35,000 SF Jr. Anchor space available +/-1,200-3,520 SF retail/restaurant space available Q1 2019 +/-5,000 SF freestanding retail building available Traffic Counts: Interstate 40/85: 110,000 VPD Huffman Mill Rd: 32,000 VPD BROKER CONTACT PAULA SAUNDERS 704.927.2892 psaunders@newsouthprop.com DALE HALL 704.927.2880 dhall@newsouthprop.com POPULATION 5 MILES TRADE AREA Current Est. Pop: 62,495 231,375 Proj. Pop. (5 yrs): 65,424 243,450 2010 Pop: 56,841 216,881 $ AVG. HH INCOME 5 Miles: $72,985 Trade Area: $67,876 DAYTIME POP 5 MILES TRADE AREA # of Businesses: 2,711 7,315 Daytime Pop: 57,388 84,630 $ TOTAL RETAIL EXP. 5 Miles: $701M Trade Area: $2.44 B representations have been made as to the completeness or accuracy thereof. No liability assumed for error or omissions.
OVERVIEW TRADE AREA OVERVIEW Located in central North Carolina, the Burlington Trade Area is situated on two interstates, the major thoroughfare connecting the Triad and Research Triangle. This unique combination of location, access, and proximity are keys to moving and connecting people, goods, and services and is why Burlington, NC is recognized as The Carolina Corridor. Strong growth in industry has resulted in steady growth in population and household income translating into positive retail sales trends - annual sales growth of over 9.5% six out of the seven years since 2011. The Huffman Mill Road and University Drive retail corridor has a critical mass of shopping with destination retail, entertainment and the only wholesale club within 20 miles. DEVELOPER OVERVIEW Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets, with a primary focus on retail. A fully vertically integrated real estate firm, Levcor possesses in-house leasing, property management and construction management services, all while owning and operating its assets. The firm works with institutional and private investors alike, with its equity investors having included family offices, public pensions, real estate investment firms and high net worth individuals. In addition, Levcor has fostered strong, longstanding relationships with nationally recognized retail tenants, financial institutions and local market players. Over the course of its nearly 40 year operating history, the firm has acquired, developed and/or managed approximately 20 million square feet in commercial real estate. AREA RETAILERS AREA RESTAURANTS 2
MARKET AERIAL N E W S O U T H P R O P. CO M JUNIOR ANCHOR, RE TAIL AND RESTAUR ANT SPACE AVAILABLE 6,739 Students University Commons Alamance Crossing Huffman Mill Commons University Drive 32,000 ADT Alamance West New Market Square Holly Hill Mall Proposed ADT d 32,602 ill Roa Huffman M 119,0 00 AD T DALE HALL 704.927.2880 dhall@newsouthprop.com 3
REVISED LEASING PLAN SPACE TENANT SIZE Forrestdale Drive E1 E2 E3 E4 E5 Huffman Mill Road 32,602 ADT A1 Academy Sports + Outdoors 69,956 SF B1 Burlington Coat Factory 35,000 SF C1-a Available 12,000 SF C1-b Available 15,000-18,000 SF D1 Available 5,000 SF E1 Available with patio 3,520 SF E2 Available 1,254 SF E3 Total Nutrition 1,254 SF E4 Lease Negotiations 3,200 SF E5 Chipotle 2,310 SF 4
BUILDING E LEASE PLAN Building E Site Plan E1 E2 E3 E4 E5 +/-3,520SF +/-1200SF +/3,200SF Lease Negotiations 53 W 18 W 48 W 5