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FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE

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Page 1: FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE · pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District

FREESTAND ING & GROUND - F LOOR RE TA I L SPACE FOR L EASE

Page 2: FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE · pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District

THE COLLECTIVE RETAIL LEASING 2

The Collective is well positioned in the vibrant, pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District with a strong established sense of place and an abundance of art galleries, sought-after local restaurants and breweries, and unique live music and entertainment venues. NoDa has attracted an outsized number of millennials and young professionals alike. Located at the intersection of the highly traveled North

Davidson Street and East 27th Street, The Collective is minutes from the newly opened 25th Street Station of the LYNX Blue Line light rail extension. The development features 17,194 SF of freestanding retail currently under renovations with an estimated late 2018 delivery. The Collective also includes 1,713 SF of ground-floor retail in the 250-unit luxury apartment building slated to deliver in late 2018.

PROPERTY F EATURES

Page 3: FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE · pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District

THE COLLECTIVE RETAIL LEASING 3

Strategically located at the intersection of North Davidson Street and 27th Street, The Collective is two blocks away from the LYNX Blue Line light rail 25th Street Station and minutes from the Parkwood and 36th Street stations. Opened in March 2018, the Blue Line Extension is projected to serve more than 25,000 people a day by 2030. The light rail has already spurred development along the corridor and is projected to further accelerate mixed-use, multifamily, office and retail projects.

With the extension, the LYNX Blue Line travels more than 18 miles, connecting Pineville and South Charlotte to NoDa and UNC Charlotte in approximately 47 minutes. Riders can board from 26 stations (11 of which are park and rides) and easily access The Collective seven days a week. During peak hours, trains run on the Blue Line Extension every 7.5 minutes.

L IGHT RA I L CONNECT IV I TY

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MATTHEWS

MINT HILL

HUNTERSVILLE

CORNELIUS

DAVIDSON

Submarket & Business Park OverviewCharlotte Market

115

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SUBMARKET BUSINESS PARK OVERVIEW | CHARLOTTE MARKET

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THE COLLECTIVE

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25TH STREET STATION

36TH STREET STATION

Page 4: FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE · pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District

THE COLLECTIVE RETAIL LEASING 4

NORTH TRYON STREET

M

ATH

ESO

N A

VEN

UE

PARKWOOD AVENUE

NORTH DAVIDSON STREET

NORTH BREVARD STREET

EA

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6TH

STR

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JORD

AN

PLACE

25TH STREET STATION

36TH STREET STATION

PARKWOOD STATION

CENTERSTAGE @ NODA

NODA @ 28TH STREETTHE COLLECTIVE

BAINBRIDGE APARTMENTS277 UNITS/5,000 SF RETAIL

THE HOSIERY40,000 SF OFFICE/RETAIL

FAISON REDEVELOPMENT MIXED-USE

NODA GREENWAY DISTRICT43 ACRES

2715 NODA147 UNITS

MF

MFMF

MF

MFBREVARD &

25TH260 UNITS

NRP PARKWOOD 309 UNITS

MV NODA280 UNITS

HIGHLAND PARK TOWNHOMES

CROSSFIT SURGOTHE FITNESS FACTORY

CORDELIA PARK

RCB FASHIONNODA BARK AND BOARD

ABARI

THE RED HOUSE CAFE

BLENDED BARTIQUE,LIFE SUPPORT &

JUICE BOX

HABERDISH

MANGOS, CREPE CELLAR &

GROWLERS POURHOUSE

NODA GROCERY

SMELLY CAT COFFEE HOUSE & ROASTERY

SOLSTICE & THE EVENING MUSE

MFTHE BLIND PIG &

THE DOG BAR

BOUDREAUX’S, SALUD BEER SHOP & NEIGHBORHOOD

THEATRE

2 MINUTESCHARLOTTE CBD

& I-277

BROOKS SANDWICH

HOUSE

Page 5: FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE · pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District

THE COLLECTIVE RETAIL LEASING 5

NORTH DAVIDSON STREET - 10,000 VPD

27TH

STR

EET

001

002

004

005

NODA @ 28TH STREET26TH

STR

EET

NODA STORAGECENTERSTAGE @ NODA

T ENANT ROSTER

UNIT TENANT SF

001 Core 704 1,713

002 Mimosas & Nails 3,024

003 Rhino Market & Deli 3,005

004 Free Range Brewing 5,544

005 Available 5,621

1 MILE 3 MILES

2018 Est. Population 10,657 112,547

2023 Proj. Population 11,961 124,588

2018-2023 Projected Annual Population Growth 2.4% 2.1%

Median Age 33.8 33.5

2018 Est. Avg. HH Income $68,930 $78,412

DEMOGRAPH ICS

003

LEASED AVAILABLE

FEBRUARY 18, 2019

002

Page 6: FREESTANDING & GROUND-FLOOR RETAIL SPACE FOR LEASE · pedestrian-friendly NoDa neighborhood of Charlotte. Known for its eclectic cultural cachet, NoDa is a Historic Arts District

CONTACT:

TOMMY TRIMBLEVice President/[email protected]

Foundry Commercial121 W. Trade Street, Suite 2500Charlotte, NC 28202704.523.0272 | foundrycommercial.com