1268-B S MAIN STREET · Margaritas, The Lemon Tree, Lumpy’s Ice Cream, Sugar Magnolia Cafe,...

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FOR SALE > LAND/OFFICE SITE

1268-B S MAIN STREETWAKE FOREST, NC 27587

David Batten Vice President+ 1 919 582 3117david.batten@colliers.com

> Acres:> Site Approved For:> Zoning:> Parking:> Price:

0.165 Pad Ready Lot7,200 SF Building (1-2 stories)Neighborhood Business42 Surface Spaces$225,000

WAKE FOREST

RALEIGHCARY

PROPERTY DETAILSSITE

SITE

1268-B S MAIN STREETWAKE FOREST, NC 27587

EXISTING SITE PLAN

Administrative Approval, and if needed, Subdivision Map recorded prior to closing

David Batten Vice President+ 1 919 582 3117david.batten@colliers.com

ZONING MAP

NB

NB - Neighborhood Business

1268-B S MAIN STREETWAKE FOREST, NC 27587

David Batten Vice President+ 1 919 582 3117david.batten@colliers.com

2018 1 Mile 3 Miles 5 Miles

Total Population 7,540 54,850 116,106

Total Households 2,852 19,734 41,251

Avg Household Income $94,455 $106,405 $104,833

DEMOGRAPHICS VEHICLES PER DAYS. Main Street Rte. 1A 25,000

Highway 98 32,000

SITE

KEY FACTS

9,152Population

36.6

Median Age

2.7

AverageHousehold Size

$74,838Median Household

Income

EDUCATION

5%

No HighSchool

Diploma 16%High School

Graduate

27%Some College 52%

Bachelor's/Grad/ProfDegree

BUSINESS

583Total Businesses

5,066Total Employees

EMPLOYMENT

74%White Collar

11%Blue Collar

15%Services

4.4%

UnemploymentRate

INCOME

$74,838

Median HouseholdIncome

$35,247

Per Capita Income

$120,570

Median Net Worth

Households By IncomeThe largest group: $100,000 - $149,999 (21.7%)

The smallest group: $200,000+ (4.7%)

Indicator Value Difference<$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

5.5%

$75,000 - $99,999

6.8%

$100,000 - $149,999

5.0%

$150,000 - $199,999

13.1%

$200,000+

19.7%

+0.5%

14.7%

+1.2%

21.7%

-1.7%

8.9%

+1.8%

4.7%

+1.5%

+1.4%

+1.7%

-0.8%

-5.5%

Bars show deviation from

Wake County

KEY FACTS

9,152Population

36.6

Median Age

2.7

AverageHousehold Size

$74,838Median Household

Income

EDUCATION

5%

No HighSchool

Diploma 16%High School

Graduate

27%Some College 52%

Bachelor's/Grad/ProfDegree

BUSINESS

583Total Businesses

5,066Total Employees

EMPLOYMENT

74%White Collar

11%Blue Collar

15%Services

4.4%

UnemploymentRate

INCOME

$74,838

Median HouseholdIncome

$35,247

Per Capita Income

$120,570

Median Net Worth

Households By IncomeThe largest group: $100,000 - $149,999 (21.7%)

The smallest group: $200,000+ (4.7%)

Indicator Value Difference<$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

5.5%

$75,000 - $99,999

6.8%

$100,000 - $149,999

5.0%

$150,000 - $199,999

13.1%

$200,000+

19.7%

+0.5%

14.7%

+1.2%

21.7%

-1.7%

8.9%

+1.8%

4.7%

+1.5%

+1.4%

+1.7%

-0.8%

-5.5%

Bars show deviation from

Wake County

KEY FACTS

9,152Population

36.6

Median Age

2.7

AverageHousehold Size

$74,838Median Household

Income

EDUCATION

5%

No HighSchool

Diploma 16%High School

Graduate

27%Some College 52%

Bachelor's/Grad/ProfDegree

BUSINESS

583Total Businesses

5,066Total Employees

EMPLOYMENT

74%White Collar

11%Blue Collar

15%Services

4.4%

UnemploymentRate

INCOME

$74,838

Median HouseholdIncome

$35,247

Per Capita Income

$120,570

Median Net Worth

Households By IncomeThe largest group: $100,000 - $149,999 (21.7%)

The smallest group: $200,000+ (4.7%)

Indicator Value Difference<$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

5.5%

$75,000 - $99,999

6.8%

$100,000 - $149,999

5.0%

$150,000 - $199,999

13.1%

$200,000+

19.7%

+0.5%

14.7%

+1.2%

21.7%

-1.7%

8.9%

+1.8%

4.7%

+1.5%

+1.4%

+1.7%

-0.8%

-5.5%

Bars show deviation from

Wake County

KEY FACTS

9,152Population

36.6

Median Age

2.7

AverageHousehold Size

$74,838Median Household

Income

EDUCATION

5%

No HighSchool

Diploma 16%High School

Graduate

27%Some College 52%

Bachelor's/Grad/ProfDegree

BUSINESS

583Total Businesses

5,066Total Employees

EMPLOYMENT

74%White Collar

11%Blue Collar

15%Services

4.4%

UnemploymentRate

INCOME

$74,838

Median HouseholdIncome

$35,247

Per Capita Income

$120,570

Median Net Worth

Households By IncomeThe largest group: $100,000 - $149,999 (21.7%)

The smallest group: $200,000+ (4.7%)

Indicator Value Difference<$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

5.5%

$75,000 - $99,999

6.8%

$100,000 - $149,999

5.0%

$150,000 - $199,999

13.1%

$200,000+

19.7%

+0.5%

14.7%

+1.2%

21.7%

-1.7%

8.9%

+1.8%

4.7%

+1.5%

+1.4%

+1.7%

-0.8%

-5.5%

Bars show deviation from

Wake County

KEY FACTS

9,152Population

36.6

Median Age

2.7

AverageHousehold Size

$74,838Median Household

Income

EDUCATION

5%

No HighSchool

Diploma 16%High School

Graduate

27%Some College 52%

Bachelor's/Grad/ProfDegree

BUSINESS

583Total Businesses

5,066Total Employees

EMPLOYMENT

74%White Collar

11%Blue Collar

15%Services

4.4%

UnemploymentRate

INCOME

$74,838

Median HouseholdIncome

$35,247

Per Capita Income

$120,570

Median Net Worth

Households By IncomeThe largest group: $100,000 - $149,999 (21.7%)

The smallest group: $200,000+ (4.7%)

Indicator Value Difference<$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

5.5%

$75,000 - $99,999

6.8%

$100,000 - $149,999

5.0%

$150,000 - $199,999

13.1%

$200,000+

19.7%

+0.5%

14.7%

+1.2%

21.7%

-1.7%

8.9%

+1.8%

4.7%

+1.5%

+1.4%

+1.7%

-0.8%

-5.5%

Bars show deviation from

Wake County

Daytime Population81,042

2,715 24,807

1268-B S MAIN STREETWAKE FOREST, NC 27587

David Batten Vice President+ 1 919 582 3117david.batten@colliers.com

Wake Forest, North Carolina Downtown Wake Forest is known for it’s big city energy and small town charm. The area is North Carolina’s 9th fastest growing municipality, with dozens of proposed and under constructions developments in the pipeline. Wake Forest is in the middle of a downtown renaissance, seeing much of the same growth as it’s neighboring Raleigh markets.

Ranking as one of the most highly educated municipalities in the Triangle, over 50% of Wake Forest residents have a bachelor’s degree or higher. The small town has big connectivity with quick access to three large universities (UNC-Chapel Hill, NC State, and Duke), as well as multiple community colleges and Downtown Wake Forest’s Southeastern Babtist Theological Seminary.

The town center is home to art galleries, coffee companies, specialty shops, restaurants and boutiques that have come together to revitalize the area’s buildings and sense of community. Notable businesses include Shorty’s Hot Dogs, which has been in business since 1916 in its original location, White Street Brewing who’s Kolsh won Gold at the World Beer Festival in 2014, and the Cotton Company that serves as a marketplace of specialty boutiques and upscale home décor and gifts. Downtown restaurants include Back Alley Coffee Roasters, Backfins Crabhouse, The Burger Shop, The Forks Cafeteria, LaForesta Italian Café & Pizzeria, Las Margaritas, The Lemon Tree, Lumpy’s Ice Cream, Sugar Magnolia Cafe, Ollies Café, Over The Falls, Pizza Amore, and Wake Forest Coffee Co.

Numerous festivals and community attractions come to Wake Forest throughout the year, such as HerbFest, the Mardi Gras Festival, ItaliaFest, OctoberFest, Microbrewery Festival and local favorite Friday Night on White: a live music and food truck series that hosts over 9,000 attendees every 2nd Friday of the month throughout the warmer summer.

1268-B S MAIN STREETWAKE FOREST, NC 27587

David Batten Vice President+ 1 919 582 3117david.batten@colliers.com