i-95 business flex space 236 s eastern blvd, fayetteville, nc … · 2020-03-05 · i-95 business...

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I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN EVANS Broker O: 910.829.1617 x208 C: 919.920.2140 [email protected] 150 N. McPherson Church Rd Fayetteville, NC 28303 www.grantmurrayre.com INDUSTRIAL PROPERTY FOR LEASE

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Page 1: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

I- 9 5 B U S I N E S S F L E X S PA C E236 S Eastern Blvd, Fayettevi l le , NC 28301for more information S U S A N E VA N S

BrokerO: 910.829.1617 x208C: [email protected]

150 N. McPherson Church RdFayetteville, NC 28303

www.grantmurrayre.com

IND USTR IAL PROPERT Y FOR LEA SE

Page 2: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

for more information S U S A N E VA N S

BrokerO: 910.829.1617 x208C: [email protected]

OFFERING SUMMARY

Available SF: 1,500 - 3,000 SF

Lease Rate: $1,300 - 2,400 permonth (MG)

Lot Size: 4.4 Acres

Year Built: 2015

Building Size: 12,924

Renovated: 2019

Zoning: CC

236 S Eastern Blvd currently has available two warehouse spaces, which are locatedon Eastern Blvd/ I-95 Business. These flex spaces include an office space, restroom,and a 16 foot roll up door. The space boasts 20 ft high ceilings. Water and Sewer areincluded in rent. Laydown yard is available if needed. Property is zoned CC. Thesite's proximity to I-95 Business and Downtown Fayetteville makes it a desirablelocation for several uses.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Two Flex Spaces located on Eastern Blvd/ I-95 Business close to downtown

• Laydown yard if needed

• Water and Sewer included in rent

• Office space included

• Slab on grade space

• 16 foot roll up doors

• 1 restroom

• Ceilings 20 feet high

Warehouse / Flex Space Located on I-952 3 6 S E A S T E R N B L V D , F A Y E T T E V I L L E , N C 2 8 3 0 1

E XEC U T IVE SU MMA RY

Page 3: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

for more information S U S A N E VA N S

BrokerO: 910.829.1617 x208C: [email protected]

Warehouse / Flex Space Located on I-952 3 6 S E A S T E R N B L V D , F A Y E T T E V I L L E , N C 2 8 3 0 1

A D D IT I O NA L PH OTOS

Page 4: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

for more information S U S A N E VA N S

BrokerO: 910.829.1617 x208C: [email protected]

Warehouse / Flex Space Located on I-952 3 6 S E A S T E R N B L V D , F A Y E T T E V I L L E , N C 2 8 3 0 1

R E TA I LER MA P

Page 5: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

for more information S U S A N E VA N S

BrokerO: 910.829.1617 x208C: [email protected]

Warehouse / Flex Space Located on I-952 3 6 S E A S T E R N B L V D , F A Y E T T E V I L L E , N C 2 8 3 0 1

LO CAT I O N MA PS

Page 6: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

Executive Summary236 S Eastern Blvd, Fayetteville, North Carolina, 28301 2 Prepared by Esri236 S Eastern Blvd, Fayetteville, North Carolina, 28301 Latitude: 35.04504Rings: 1, 3, 5 mile radii Longitude: -78.86577

1 mile 3 miles 5 milesPopulation

2000 Population 3,361 24,019 73,0322010 Population 2,766 22,740 73,5182019 Population 3,087 22,220 73,3272024 Population 3,256 22,270 74,0152000-2010 Annual Rate -1.93% -0.55% 0.07%2010-2019 Annual Rate 1.19% -0.25% -0.03%2019-2024 Annual Rate 1.07% 0.04% 0.19%2019 Male Population 51.7% 46.7% 46.3%2019 Female Population 48.3% 53.3% 53.7%2019 Median Age 34.6 38.9 38.8

In the identified area, the current year population is 73,327. In 2010, the Census count in the area was 73,518. The rate of change since 2010 was -0.03% annually. The five-year projection for the population in the area is 74,015 representing a change of 0.19% annually from 2019 to 2024. Currently, the population is 46.3% male and 53.7% female.

Median Age

The median age in this area is 34.6, compared to U.S. median age of 38.5.Race and Ethnicity

2019 White Alone 21.2% 39.8% 43.5%2019 Black Alone 70.1% 51.0% 45.3%2019 American Indian/Alaska Native Alone 3.0% 2.5% 1.9%2019 Asian Alone 1.8% 1.5% 2.6%2019 Pacific Islander Alone 0.1% 0.1% 0.2%2019 Other Race 0.8% 1.6% 2.4%2019 Two or More Races 2.9% 3.6% 4.1%2019 Hispanic Origin (Any Race) 3.2% 5.3% 7.4%

Persons of Hispanic origin represent 7.4% of the population in the identified area compared to 18.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 65.9 in the identified area, compared to 64.8 for the U.S. as a whole.

Households2019 Wealth Index 19 47 562000 Households 1,209 9,673 29,5372010 Households 894 9,352 30,7432019 Total Households 1,037 9,183 30,8682024 Total Households 1,109 9,231 31,2602000-2010 Annual Rate -2.97% -0.34% 0.40%2010-2019 Annual Rate 1.62% -0.20% 0.04%2019-2024 Annual Rate 1.35% 0.10% 0.25%2019 Average Household Size 2.32 2.25 2.28

The household count in this area has changed from 30,743 in 2010 to 30,868 in the current year, a change of 0.04% annually. The five-year projection of households is 31,260, a change of 0.25% annually from the current year total. Average household size is currently 2.28, compared to 2.30 in the year 2010. The number of families in the current year is 18,371 in the specified area.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.

July 23, 2019

©2019 Esri Page 1 of 2

Page 7: I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC … · 2020-03-05 · I-95 BUSINESS FLEX SPACE 236 S Eastern Blvd, Fayetteville, NC 28301 for more information SUSAN

Executive Summary236 S Eastern Blvd, Fayetteville, North Carolina, 28301 2 Prepared by Esri236 S Eastern Blvd, Fayetteville, North Carolina, 28301 Latitude: 35.04504Rings: 1, 3, 5 mile radii Longitude: -78.86577

1 mile 3 miles 5 milesMortgage Income

2019 Percent of Income for Mortgage 27.6% 24.2% 19.6%Median Household Income

2019 Median Household Income $15,465 $33,053 $36,9392024 Median Household Income $17,017 $38,505 $42,4732019-2024 Annual Rate 1.93% 3.10% 2.83%

Average Household Income

2019 Average Household Income $27,219 $52,115 $57,2962024 Average Household Income $30,189 $60,223 $65,6382019-2024 Annual Rate 2.09% 2.93% 2.76%

Per Capita Income2019 Per Capita Income $10,976 $22,387 $24,2092024 Per Capita Income $12,126 $25,897 $27,8142019-2024 Annual Rate 2.01% 2.96% 2.82%

Households by IncomeCurrent median household income is $36,939 in the area, compared to $60,548 for all U.S. households. Median household income is projected to be $42,473 in five years, compared to $69,180 for all U.S. households

Current average household income is $57,296 in this area, compared to $87,398 for all U.S. households. Average household income is projected to be $65,638 in five years, compared to $99,638 for all U.S. households

Current per capita income is $24,209 in the area, compared to the U.S. per capita income of $33,028. The per capita income is projected to be $27,814 in five years, compared to $36,530 for all U.S. households Housing

2019 Housing Affordability Index 81 93 1152000 Total Housing Units 1,318 11,009 32,590

2000 Owner Occupied Housing Units 320 4,944 17,0722000 Renter Occupied Housing Units 889 4,729 12,4642000 Vacant Housing Units 109 1,336 3,054

2010 Total Housing Units 1,039 10,781 34,0482010 Owner Occupied Housing Units 280 4,488 16,5672010 Renter Occupied Housing Units 614 4,864 14,1762010 Vacant Housing Units 145 1,429 3,305

2019 Total Housing Units 1,222 11,092 35,6112019 Owner Occupied Housing Units 280 3,760 14,3652019 Renter Occupied Housing Units 757 5,422 16,5032019 Vacant Housing Units 185 1,909 4,743

2024 Total Housing Units 1,309 11,338 36,6342024 Owner Occupied Housing Units 306 3,865 14,7112024 Renter Occupied Housing Units 803 5,366 16,5492024 Vacant Housing Units 200 2,107 5,374

Currently, 40.3% of the 35,611 housing units in the area are owner occupied; 46.3%, renter occupied; and 13.3% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.4% are renter occupied; and 11.2% are vacant. In 2010, there were 34,048 housing units in the area - 48.7% owner occupied, 41.6% renter occupied, and 9.7% vacant. The annual rate of change in housing units since 2010 is 2.01%. Median home value in the area is $148,247, compared to a median home value of $234,154 for the U.S. In five years, median value is projected to change by 1.48% annually to $159,524.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.

July 23, 2019

©2019 Esri Page 2 of 2