Charlotte Msa the Park–Huntersville North Charlotte’S Premier Mixed-Use Park | Mixed-Use Land Sites Available
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CHARLOTTE MSA THE PARK–HUNTERSVILLE NORTH CHARLOTTE’S PREMIER MIXED-USE PARK | MIXED-USE LAND SITES AVAILABLE THE PARK–HUNTERSVILLE MIXED-USE LAND | 1 THE PARK–HUNTERSVILLE CHARLOTTE MSA INVESTMENT HIGHLIGHTS - AVAILABLE LAND Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a North Carolina licensed real estate broker (“HFF”) has been retained as the exclusive sales GROSS ACREAGE ±78.32 acres representative for 6 available land sites totaling approximately 78.32 gross acres NET ACREAGE ±54.77 acres (approximately 54.77 net acres) within The Park–Huntersville (“The Park”), one of North AVAILABLE SITES 6, ranging from 1.99 acres to 28.59 acres Charlotte’s most successful mixed-use parks. Located immediately off the Gilead Road exit from Interstate 77, the Charlotte region’s critical north-south connector, The Park has MUNICIPALITY Town of Huntersville exceptional regional accessibility to Uptown Charlotte, the UNC-Charlotte/University ZONING CB (Corporate Business) City area, and executive housing in the sought-after Lake Norman area. With flexible PIDS 01719110, 01719102, 01719107, 01719106, 01719104, CB (Corporate Business) zoning, The Park offers a wide-range of available land sites, 01718404, and 01718407 from 2.0 acres to nearly 30 acres, which are well-suited for office (medical or general), industrial/flex, retail, and hospitality development. The Park offers one of the most compelling mixed-use environments in the North Charlotte area with 2.6 million square feet developed, including 125,000 SF retail and TRAFFIC COUNTS 560 apartment units, and an estimated 6,000 daily employees in diverse industries such as healthcare, logistics and distribution, financial services, engineering, and racing, to I-77 102,000 name a few. Notable employers within The Park include Novant Health, Forbo Siegling, GILEAD ROAD 37,000 Joe Gibbs Racing, American Tire, General Motors Financial, Kellogg, and Max Daetwyler Corporation. MT HOLLY-HUNTERSVILLE ROAD 6,500 THE PARK–HUNTERSVILLE MIXED-USE LAND | 2 SUBSTANTIAL IN-PLACE INFRASTRUCTURE Most of the available sites have accretive in-place infrastructure, including immediate access to paved dedicated roadways and adjacent water and sewer lines. Sites 6 and 16 are cleared and pre- graded, while several sites are partially cleared and pre-graded. FAVORABLE ZONING WITH FLEXIBLE USAGES The majority of The Park enjoys Town of Huntersville’s favorable CB zoning that is geared towards large-scale, employment-oriented development with numerous allowable uses. There is additional potential to minimize development cost through vested standards from the 1991 Huntersville Zoning Ordinance. CORPORATE BUSINESS DISTRICT: PERMITTED USES BY RIGHT Office Distributive businesses Inns Laboratories and research facilities Manufacturing and assembly, excluding heavy manufacturing Government buildings Warehouses, except mini-warehouse storage Wholesale sales Vocational and technical schools THE PARK–HUNTERSVILLE MIXED-USE LAND | 3 6,000+ DAILY EMPLOYEES (EST.) 2.6+ MSF DEVELOPED NEARBY RETAIL LAKE NORMAN 1,460,000 SF THRIVING MIXED-USE PARK IN THE OFFICE/FLEX (18% MEDICAL-FOCUSED) HEART OF NORTH CHARLOTTE The Park offers one of the most compelling mixed-use environments in the North Charlotte area with 2.6 million square feet developed, including 125,000 SF retail and 560 apartment units, and an estimated 6,000 daily 949,000 SF employees in diverse industries such as healthcare, INDUSTRIAL logistics and distribution, financial services, engineering, and racing, to name a few. Notable employers within The Park include Novant Health, Forbo Siegling, Joe Gibbs Racing, American Tire, General Motors Financial, Kellogg, and Max Daetwyler Corporation. • The Park – Huntersville has established itself as one of 125,700 SF the largest master-planned suburban developments in RETAIL the Charlotte region and will continue to benefit from the city’s rapid northward expansion • Ideal infill location offers tenants immediate access to all major thoroughfares and an abundance of amenities • Current plans to improve I-77/Gilead Road interchange, slated for 2020 completion, are being designed with THE KEMP BUILDING 560 six acre lake with walking trails The Park’s growth potential in mind and are estimated APARTMENT UNITS to accommodate 40% more traffic flow THE PARK–HUNTERSVILLE MIXED-USE LAND | 4 CALDWELL AVAILABLE SMITH SOLD May 2018 SOLD, UNDER WAYNE COURT MCCOY ROAD CONTRACT, OR UNDER HERBERT AGREEMENT BOYCE AS 16 3.0 Ac H O D G E KINCEY AVENUE S C IR C L E IVE DR CONN E R STEWART JULIAN CLARK AVENUE LINDLEY DRIVE GILEAD ROAD CAMPBELL EESE BOULE AS 15 R VAR D 2.0 Ac BOREN STREET E V I R D Y R KINCEY AVENUE O T S SOLD N June 2018 SOLD A CALHOUN BOSTICK V August 2017 SOLD December 2017 SOLD REESE BOULEVARD September 2017 SOLD SOLD KEMP June 2017 March 2018 SOLD March 2018 SOLD June 2018 SOLD REED REESE BOULEVARD June 2018 KINCEY AVENUE KINCEY LATTA AS 9 AS 8 VANSTORY DRIVE 13.6 Ac 10.2 Ac Under Contract GILEAD ROAD EXIT 23 AS 12 17.0 Ac AS 6 13.9 Ac STORRS ALEXANDER AS 7 28.6 Ac INTERSTATE HIGHWAY 77 REESE BOULEVARD REESE MT. H OLLY-H UNTER SVILLE ROAD SITE DETAILS: 88.34 TOTAL ACRES (65.40 NET ACRES) AVAILABLE STATESVILLE ROAD Site Gross Acres Net Acres Huntersville Site Gross Acres Net Acres Huntersville Site Gross Acres Net Acres Huntersville (approximate) (approximate) Zoning (approximate) (approximate) Zoning (approximate) (approximate) Zoning SITE 2 5.93 5.39 CB SITE 7 28.59 22.29 CB SITE 15 1.99 1.92 CB SITE 3 5.00 5.00 CB SITE 8 10.24 8.18 CB SITE 16 3.05 2.61 CB SITE 4 5.00 5.00 CB SITE 9 13.56 8.84 CB SITE 17 1.05 1.05 HC SITE 5 8.33 8.33 CB SITE 10 7.86 7.86 CB SITE 6 13.90 10.28 CB SITE 12 17.01 11.19 CB THE PARK–HUNTERSVILLE MIXED-USE LAND | 5 THE PARK– HUNTERSVILLE SURVEY AVAILABLE SOLD, UNDER CONTRACT, OR UNDER AGREEMENT THE PARK–HUNTERSVILLE MIXED-USE LAND | 6 SITE DETAILS 6 E L L 8 I 77 V S R E T N U H - 7 Y L L 9 O H . T M R E E S E B O 12 U L E VA RD SITE # SITE 6 SITE 7 SITE 8 SITE 9 SITE 12 STATUS Available Available Under Contract Available Available GROSS ACRES 13.90 28.59 10.24 13.56 17.01 NET ACRES 10.28 22.29 8.18 8.84 11.19 SECTION The Park The Park The Park The Park The Park ZONING CB (Corporate Business) CB (Corporate Business) CB (Corporate Business) CB (Corporate Business) CB (Corporate Business) FRONTAGES (APPROX.) 289' Reese Blvd East 1616' I-77 670' Reese Blvd East 895' Reese Blvd East 1,290' Reese Blvd 910' I-77 655' internal roadway 660' internal roadway MECKLENBURG COUNTY 01719110 01719102 01719107 01719106 01719104 PID(S) CONDITIONS Cleared and pre-graded with Wooded Wooded Wooded Wooded building pad THE PARK–HUNTERSVILLE MIXED-USE LAND | 7 SITE DETAILS MCCOY ROAD GILEAD ROAD 16 E U N E V A K R A L C N A I L U J T E E R T S N E R 15 O B REE SE BOULEVARD SITE # SITE 15 SITE 16 STATUS Available Available GROSS ACRES 1.99 3.05 NET ACRES 1.92 2.61 SECTION The Park The Park ZONING CB (Corporate Business) CB (Corporate Business) FRONTAGES (APPROX.) 258' Reese Blvd West 435' Julian Clark Ave MECKLENBURG COUNTY PID(S) 01718404 01718407 CONDITIONS Wooded, rolling Cleared and pre-graded THE PARK–HUNTERSVILLE MIXED-USE LAND | 8 40 40 Hickory 77 321 85 LAKE NORMAN Lincolnton HIGH CONNECTIVITY LOCATION 85 IN RAPIDLY EXPANDING NORTH CHARLOTTE SUBMARKET 77 Concord 321 485 THE PARK- Strategically located inside The Park Huntersville, which enjoys enviable regional access to critical HUNTERSVILLE north-south artery Interstate 77, the Property offers excellent regional connectivity to the Charlotte region’s largest employment nodes via Interstate 277/Charlotte’s Inner Beltline, Interstate 485/ 85 Charlotte’s Outer Beltline, and Interstate 85 85 Gastonia CHARLOTTE Located just miles from Lake Norman and the area’s significant concentration of executive housing, Charlotte Douglas employees have access to a live-work-play balance that is unique to the Huntersville-Lake Norman area International Airport 485 Since 2000, the population within a five mile radius of the property has more than85 doubled, which 485 has propelled the Huntersville-Lake Norman suburb into being one of the fastest growing commercial and residential hubs in the Charlotte MSA Infill location ripe for future development as population growth and commuting times increase throughout North Charlotte 485 77 THE PARK–HUNTERSVILLE MIXED-USE LAND | 9 CHARLOTTE DOUGLAS INTERNATIONAL AIRPORT 8th busiest in the U.S. THE PARK - HUNTERSVILLE MIXED-USE LAND UPTOWN CHARLOTTE: 100,000+ DAILY EMPLOYEES June 2018 Bank of America (HQ), Duke Energy (HQ), Wells Fargo 485 1 2 . investment advisors .S U / D SARAH GODWIN A Director O 919.573.4643 [email protected] HUNTER BARRON PD Senior Director 0 V 50 704.526.2840 STATESVILLE R 6, D | SITE 12 [email protected] OA LE R VIL ERS RYAN CLUTTER NT HU SITE 7 Senior Managing Director LY- KINNAMON PARK (EPCON, 55+ COMMUNITY) OL 704.526.2805 T H $325,000-$400,000 single-family homes M SITE 9 [email protected] JUSTIN GOOD Managing Director 919.573.4642 [email protected] D P V SITE 6 SITE 15 0 analysts 0 0 , SITE 16 2 0 RYAN EKLUND 1 Real Estate Analyst 704.526.2811 [email protected] 77 JOHN MIKELS Real Estate Analyst EARTHFARE, STARBUCKS, WALGREENS, 919.573.4648 FEDEX, ANYTIME FITNESS [email protected] © 2018 Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P.