Post on 27-Feb-2020
transcript
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