FOR SALE 319 FAYETTEVILLE ST SUITE 108, RALEIGH NC

OVERVIEW

RSF ±7,500 SF (First floor)

YEAR BUILT 1920; Renovated in 2005

CLASS A

LOCATION Central Business District

ZONING BUS (Business District)

OCCUPANCY 100% Full

NUMBER OF Total of 4 tenants which include TENANTS 2 restaurants ( and 1 under contract), 1 mail and shipping store, 1 TV station

ETJ RA

KEVIN DUMAS COLLIERS INTERNATIONAL CCIM Designee RALEIGH - DURHAM Vice President 702 Oberlin Road, Suite 400 Raleigh, NC 27605 919 582 3148 www.colliers.com/rdu [email protected] Executive Summary Commercial Retail Space for sale directly across from the courthouse, in the hub of the Downtown Commercial Business District. This Historically designated building, once the home of the Hudson Belk Store, now a prime business spot and home to some of downtowns favorite eateries. Conveniently located next to the PNC Towers, Edison Projects, and Post Office, the building is in walking distance to all the city has to offer.

Demographics 2015 Demographics 1 mile 3 mile 5 mile 10 mile Population 15,934 98,152 197,815 570,162 2010-2015 Pop. Growth Rate 1.69% 1.46% 1.54% 1.69% # of Households 6,212 35,700 75,284 228,157 Average Household Income $45,105 $60,855 $63,910 $78,741

Site Plan

Suite 108

Manhattan Parking Cafe

TV Station UPS Store

Sono’s Aerial

Nash Moore Square Square

S SALISBURY ST E MARTIN ST FAYETTEVILLE ST

Wake Co. Justice Wake Co. Center Clerk of Superior SITE Court

E DAVIE ST

Greater Raleigh Convention Red Hat Raleigh Center Lincoln Amphitheater Convention Theatre Center

RESIDENTIAL 1. The Hudson- 319 Fayetteville St 2. The Plaza at PNC - 301 Fayetteville St 3. SkyHouse Raleigh- 308 S Blout St 4. The Edison Apartments - 301 S Wilmington St 5. The Hue - 300 W Hargett St

COMMERCIAL AND RETAIL 1. Bank of America - 421 Fayetteville St 2. PNC Plaza - 308 Fayetteville St 3. Charter Square - 501 Fayetteville St 4. Wells Fargo - 150 Fayetteville St 5. Red Hat Tower - 100 E. Davie St. 6. L Building - 205 W Davie St 7. SkyhouseMajor Sh o-p 308pin gS CBloutenter St Locator

8. City814 R oMarketck Quarry R d,- Rale300igh, Parham St, 27610 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.76925 Longitude: -78.61802

Source: Directory of Major Malls, Inc. Total Major Shopping Centers 7 ›› NEARBY RETAIL Total GLA 2,962,724 Total Stores 372 Major Shopping Center NamCamerone and AdMajdr Villageessor Shopping Center Locator Distance from Year GLA in Type and Number of Stores site in miles Open square feet Oberlin 814Rd. R o&ck ClarkQuarry RAve.d, Raleigh, North Carolina, 27610 Prepared by Esri Cameron Village Raleigh,R iNCngs: 276051, 3, 5 mile radii 2.85 2.NW85 NW 194Latitude9 : 35.7692532,3075 Longitude: -78.61802 Oberlin Rd. & Clark Ave. Anchors: Harris Teeter, RSoaulericgeh:, DNiCre 2c7to6r0y5 of Major Malls, Inc. Total Major Shopping Centers 7 Open, 99 Stores Wake County Library, Rite Aid Total GLA 2,962,724 Anchors: Harris Teeter, Wake County Library, Eckerd, Rite Aid Total Stores 372

Major Shopping Center Name and Address Distance from Year GLA in Wilder's Grove Plaza North Hills 3.56 NE 1993 391,000 Type and Number of Stores site in miles Open square feet New Bern Ave. & New Hope 4321Rd. Lassiter at North Hills Ave, RCalmeiegrho,n N VCil l2a7g6e10 Raleigh, NC 27609 4.9 NW2.85 NW 1949 532,307 Obpernl,in 8 R Sdt.o &re sClark Ave. Anchors: JC Penney, Target RAnalcehigohrs,: N WCa 2lm76a0rt5 Supercenter, Vacant, Kroger Open, 99 Stores ANnocrthho rSso:u Htha rSritats Tieoenter, Wake County Library, Eckerd, Rite Aid 3.75 SW 1997 309,965 Garner Station Blvd. & US Hwy. 401 WRaildeeigrh's, GNrCo v2e7 6P0la3za 3.56 NE 1993 391,000 ONepwen B, e4r1n SAtvoer.e s& New Hope Rd. ARnalcehigohrs,: N VCa c2a7n6t1, 0Hudson Belk, Vacant 2, Big Lots Open, 8 Stores AGnacrnheor sT:o Wwanlem Saqrtua Srupee rcenter, Vacant, Kroger 3.92 SW 1997 415,357 U.S. Highway 70 & Timber Dr. GNoartnhe rS, oNuCth 2 S7tat529ion 3.75 SW 1997 309,965 OGaprenne, r3 S6t aSttiorne sBlvd. & US Hwy. 401 ARnalcehigohrs,: N TCa r2g7e6t,0 3Home Depot, Kroger, Vacant Open, 41 Stores ASnhcohpopress: aVta Gcaanrnt,e Hur dson Belk, Vacant 2, Big Lots 4.18 SW 242,000 NC Hwy. 401 & Purser Dr. Garner, T NoCw n2e7 6S0q3uare 3.92 SW 1997 415,357 UO.pSe.n H, i1g8h wSatoyr e7s0 & Timber Dr. AGnacrnheor,s :N WC a2l7m5a2r9t Supercenter Open, 36 Stores ATanrcrhyomrso:r eT aSrqgueat,r eHome Depot, Kroger, Vacant 4.84 NE 1989 272,095 Capital Blvd. & New Hope Church Rd. RShaloepigphe,s NaCt G2a7r6n0e4r 4.18 SW 242,000 N/CA H, w45y .S 4to0r1es & Purser Dr. AGnacrnheor,s :N NCo 2n7e603 Open, 18 Stores ANnocrthho rHsi:ll sWalmart Supercenter 4.88 NW 1967 800,000 Six Forks Rd. & I-440 Beltline TRarleryigmho, rNeC S 2q7u6a1re9 4.84 NE 1989 272,095 COappeinta, l1 B2l5v dS.t o&r eNsew Hope Church Rd. ARnalcehigohrs,: N TCa r2g7e6t,0 4Harris Teeter, JCPenney N/A, 45 Stores

AnchDoartsa: Nonte: N/A means data was not reported. GLA = Gross Leasable Area. Source: Directory of Major Malls, Inc. North Hills 4.88 NW 1967 800,000 June 15, 2015 Six Forks Rd. & I-440 Beltline Raleigh, NC 27619 ©2015 Esri Page 1 of 1 Open, 125 Stores Anchors: Target, Harris Teeter, JCPenney

Data Note: N/A means data was not reported. GLA = Gross Leasable Area. Source: Directory of Major Malls, Inc.

June 15, 2015

©2015 Esri Page 1 of 1 DISCLAIMER: No warranty or representation, express or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals.