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Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale...

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2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale ±21 Acres located at a major signalized intersection with extensive frontage along both Davidson Hwy and Kannapolis Pkwy. Located across the street from the new 1,000,000 SF Amazon Fulfillment Center. Single family and multifamily portions are already under contract. • 7 outparcels available for sale. City of Kannapolis Zoning: Planned Unit Development (PUD). *Entitled for a mixed-use development to include retail, multi-family, and residential components (see conceptual site plan) Less than 1.5 miles west of I-85 via Davidson Highway. Utilities will be stubbed to the retail site & outparcels. Contact Bailey W. Patrick, SIOR 704.248.2102 [email protected] Bailey W. Patrick, Jr. 704.367.5020 [email protected] ±21 Acre Retail Site Available For Sale Pricing Call for Pricing (owner will subdivide) Mill Creek Crossing Hwy 73 & Kannapolis Pkwy, Kannapolis, NC 28027 Available Hwy 73/Davidson Hwy Kannapolis Pkwy Development Plan Retail Up to 113,000 SF Multi-Family Up to 320 units Residential 250 single family Under Contract
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Page 1: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

Retail Land for Sale

• ±21 Acres located at a major signalized intersection with extensive frontage along both Davidson Hwy and Kannapolis Pkwy.

• Located across the street from the new 1,000,000 SF Amazon Fulfillment Center.

• Single family and multifamily portions are already under contract.

• 7 outparcels available for sale.

• City of Kannapolis Zoning: Planned Unit Development (PUD). *Entitled for a mixed-use development to include retail, multi-family, and residential components (see conceptual site plan)

• Less than 1.5 miles west of I-85 via Davidson Highway.

• Utilities will be stubbed to the retail site & outparcels.

ContactBailey W. Patrick, [email protected]

Bailey W. Patrick, [email protected]

±21 Acre Retail Site Available

For Sale

Pricing Call for Pricing (owner will subdivide)

Mill Creek CrossingHwy 73 & Kannapolis Pkwy, Kannapolis, NC 28027

Available

Hwy 73/Davidson HwyKannapolis Pkw

y

Development PlanRetail Up to 113,000 SF

Multi-Family Up to 320 units

Residential 250 single family

Under Contract

Page 2: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

2

Davidson Highway Land 6349 Davidson Hwy, Concord, NC 28027

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

Site Plan & Demographics

Available±1.2 - 12.3 Acres

Demographics 1 mile 3 mile 5 mile

2017 Population 688 19,946 80,777

2010 - 2017 Growth Rate 2.51% 2.57% 2.37%

2017 Avg. HH Income $97,747 $96,316 $85,414

Conceptual plan illustrates the entitlements as approved under the PUD zoning and does not imply a final site plan layout or density that may be achieved. A site plan approval will be required.

Page 3: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

3

Davidson Highway Land 6349 Davidson Hwy, Concord, NC 28027

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

Executive Summary6349 Davidson Hwy, Concord, North Carolina, 28027 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.43669

Longitude: -80.68407

1 mile 3 miles 5 milesPopulation

2000 Population 515 12,722 46,1142010 Population 575 16,600 68,1842017 Population 688 19,946 80,7772022 Population 815 22,314 89,7562000-2010 Annual Rate 1.11% 2.70% 3.99%2010-2017 Annual Rate 2.51% 2.57% 2.37%2017-2022 Annual Rate 3.45% 2.27% 2.13%2017 Male Population 50.3% 49.2% 48.7%2017 Female Population 49.7% 50.8% 51.3%2017 Median Age 44.9 39.6 36.3

In the identified area, the current year population is 80,777. In 2010, the Census count in the area was 68,184. The rate of change since 2010 was 2.37% annually. The five-year projection for the population in the area is 89,756 representing a change of 2.13% annually from 2017 to 2022. Currently, the population is 48.7% male and 51.3% female.

Median Age

The median age in this area is 44.9, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 88.5% 78.3% 68.7%2017 Black Alone 4.9% 11.1% 17.6%2017 American Indian/Alaska Native Alone 0.4% 0.4% 0.4%2017 Asian Alone 2.8% 3.9% 4.9%2017 Pacific Islander Alone 0.0% 0.1% 0.1%2017 Other Race 1.2% 3.8% 5.6%2017 Two or More Races 2.2% 2.4% 2.8%2017 Hispanic Origin (Any Race) 3.6% 7.7% 11.0%

Persons of Hispanic origin represent 11.0% of the population in the identified area compared to 18.1% 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 59.3 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 192 4,572 17,7872010 Households 217 6,002 25,1192017 Total Households 259 7,256 29,3852022 Total Households 307 8,125 32,4652000-2010 Annual Rate 1.23% 2.76% 3.51%2010-2017 Annual Rate 2.47% 2.65% 2.19%2017-2022 Annual Rate 3.46% 2.29% 2.01%2017 Average Household Size 2.66 2.74 2.74

The household count in this area has changed from 25,119 in 2010 to 29,385 in the current year, a change of 2.19% annually. The five-year projection of households is 32,465, a change of 2.01% annually from the current year total. Average household size is currently 2.74, compared to 2.70 in the year 2010. The number of families in the current year is 21,277 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

February 12, 2018

©2018 Esri Page 1 of 2

Demographic ReportExecutive Summary (1, 3, & 5 mile radius), Page 1 of 2

Page 4: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

4

Davidson Highway Land 6349 Davidson Hwy, Concord, NC 28027

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

Executive Summary6349 Davidson Hwy, Concord, North Carolina, 28027 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.43669

Longitude: -80.68407

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $80,091 $76,559 $61,5442022 Median Household Income $86,401 $83,274 $72,3352017-2022 Annual Rate 1.53% 1.70% 3.28%

Average Household Income

2017 Average Household Income $97,747 $96,316 $85,4142022 Average Household Income $111,424 $108,490 $97,6432017-2022 Annual Rate 2.65% 2.41% 2.71%

Per Capita Income2017 Per Capita Income $37,512 $35,614 $30,9982022 Per Capita Income $42,806 $40,099 $35,2072017-2022 Annual Rate 2.68% 2.40% 2.58%

Households by IncomeCurrent median household income is $61,544 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $72,335 in five years, compared to $62,316 for all U.S. households

Current average household income is $85,414 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $97,643 in five years, compared to $91,585 for all U.S. households

Current per capita income is $30,998 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $35,207 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 194 4,749 19,1052000 Owner Occupied Housing Units 165 3,787 12,7352000 Renter Occupied Housing Units 28 785 5,0522000 Vacant Housing Units 1 177 1,318

2010 Total Housing Units 230 6,396 27,6202010 Owner Occupied Housing Units 172 4,823 17,9102010 Renter Occupied Housing Units 45 1,179 7,2092010 Vacant Housing Units 13 394 2,501

2017 Total Housing Units 285 7,773 32,1782017 Owner Occupied Housing Units 196 5,531 20,1472017 Renter Occupied Housing Units 64 1,725 9,2392017 Vacant Housing Units 26 517 2,793

2022 Total Housing Units 337 8,707 35,4452022 Owner Occupied Housing Units 229 6,130 22,2972022 Renter Occupied Housing Units 78 1,995 10,1672022 Vacant Housing Units 30 582 2,980

Currently, 62.6% of the 32,178 housing units in the area are owner occupied; 28.7%, renter occupied; and 8.7% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 27,620 housing units in the area - 64.8% owner occupied, 26.1% renter occupied, and 9.1% vacant. The annual rate of change in housing units since 2010 is 7.02%. Median home value in the area is $212,935, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 2.51% annually to $241,014.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

February 12, 2018

©2018 Esri Page 2 of 2

Demographic ReportExecutive Summary (1, 3, & 5 mile radius), Page 2 of 2

Page 5: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

5

Davidson Highway Land 6349 Davidson Hwy, Concord, NC 28027

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

Utility AccessWater & Sewer Available

Sewer Access is available through Cabarrus County and/or the City of Kannapolis.

Water Access is available via connection to th ewater lines in Davidson Highway & Kannapolis Parkway.

Page 6: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

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Davidson Highway Land 6349 Davidson Hwy, Concord, NC 28027

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

Residential Aerial

Residential Activity – 3 miles

Existing Units 3,173Units Under Development 264Proposed Units 1,469

Total 4,906Source: MetroStudy 2017. Homes built prior to 2000 not shown. Apartments not included

Built-Out

Future

Active

Subdivision Status

3 mi

3 mi

1 5

7

2

8

4

Davidson Hwy

3

6

9

10

11

20

28

29

12

13

14

15 19

24

31

32

25

1618

27

34

33

21

22 23

17

26

30

85

73

Kannapolis Pkwy

Poplar Tent Rd

Ode

ll Sc

hool

Rd

Page 7: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

7

Davidson Highway Land 6349 Davidson Hwy, Concord, NC 28027

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com

No. Subdivision Status Price Range Existing Developing Proposed Total Units

1The Reserve at Moss Creek Village Builtout $327-364 33 - - 33

2Willow Glen at Moss Creek Village Builtout $156-199 73 - - 73

3 Pinnacle/Wellington Chase Active $262-290 55 2 - 57

4 Wellington Chase Active $297-316 180 2 - 182

5 Odell Commons Future - - - 104 104

6 Arbor Oaks Active $800-2M 11 9 - 20

7 Quail Haven Future - - - 551 551

8 Poplar Woods Builtout $126-225 192 - - 192

9 Highgrove Estates Builtout - 8 - - 8

10 Gable Oaks Builtout $173-279 160 - - 160

11 Pine Creek Active $750-1.7M 43 26 - 69

12 Whispering Winds Builtout $550-750 33 - - 33

13 Freedom Acres Builtout $150-200 6 - - 6

14 Austin Corners Future - - - 146 146

15 Tranquility Estates Builtout $350-698 55 - - 55

16 Afton Village Townhomes Builtout $130-250 206 - - 206

17 Afton Village Single-Family Active $425-425 190 2 - 192

18 Afton Village/Foundry CO Builtout $63-182 4 - - 4

19 Trinity Crest Builtout $427-427 57 - - 57

20 Kellswater Bridge Active $218-321 250 64 464 758

21 Province Greene Builtout $152-210 50 - - 50

22 Mountain Laurel Builtout $190-331 75 - - 75

23 Laurel Park Builtout $183-235 711 5 - 89

24 Wightman Oaks Builtout $250-250 5 - - 5

25 Kenton Glenn Builtout $119-120 27 - - 27

26 Hunton Forest Active $248-316 8 77 204 289

27 Oak Park Builtout $100-285 390 - - 390

28 Newman Manor Active $419-513 13 16 - 29

29 Windsor Active $235-373 53 12 - 65

30 Woodbridge Active $357-415 0 49 - 49

31 Sidney’s Grove Builtout $230-240 22 - - 22

32 Cambrook Builtout $189-235 22 - - 22

33 Oak Ridge on Eva Drive Builtout $150-160 18 - - 18

34 Havenbrook Builtout $126-162 226 - - 226

Total Units 3,173 264 1,469 4,906

Built-Out Future ActiveSubdivision Status

Residential ActivitySource: MetroStudy 2017

Subdivision activity within 3 miles of site (since 2000)

Page 8: Mill Creek Crossing...2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com Retail Land for Sale • ±21 Acres located at a major signalized intersection with extensive frontage

For complete property listings, visit www.mpvre.com.

2400 South Blvd., Suite 300 Charlotte, NC 28203 mpvre.com


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