Retail Opportunities in Roanoke Region Available Land in Emerging Corridor and High-Income Area

Retail opportunities in Roanoke Region Available land in emerging corridor and high-income area

CANADA

There’s a new retail corridor emerging in a Vt. high-income area of Roanoke County, Virginia. The Clearbrook section, located along US 220, N.H. is a prime location for retail development in the Syracuse largest metro in western Virginia. Mass. Wis. Mich. N.Y. With a new Walmart Supercenter – one of the Conn. largest in the nation – bringing retail traffic daily, this new corridor is poised for growth. Detroit New York Cleveland • More than 155,000 people live within 15 minutes of Clearbrook with a median income of $48,677. Pa. Chicago Pittsburgh Philadelphia • The corridor features more than 90 acres of 81 Ind. 77 N.J. developable commercial land with at least 2,000 Ohio feet of frontage on busy US 220. Ill. Indianapolis W.Va. Del. Washington, • Trade area for destination retail to 518,000 people D.C. Md. within 60 miles. Charleston Richmond Va. • US 220 intersects with the Blue Ridge Parkway 64 64 and Route 419/US 220 Business within the area.

Roanoke

An average of 28,000 cars and trucks travel US • Ky. 1

0 220 each day through Clearbrook.

81 0 S M E Raleigh IL

Nashville • Overlay zoning district promotes high-quality 77 N.C. development, preserves aesthetic standards and 2 0 0 Tenn. M S protects investment. ILE

CRAIG COUNTY BOTETOURT

S.C. COUNTY 30 0 M 221 Miss. Atlanta ILES 460

ROANOKE COUNTY

BEDFORD 4 581 00 Salem COUNTY MI Roanoke Vinton Ala. LES 81 Ga.

5 221 00 M Clearbrook ILES MONTGOMERY COUNTY Blue Ridge Smith Parkway 220 FRANKLIN Mountain FLOYD COUNTY Lake Atlantic COUNTY Ocean Fla. Location

Located in one of the fastest-growing and most Clearbrook area parcels for sale desirable sections of the Roanoke metro area, Clearbrook is immediately adjacent to high-value dge lue Ri residential development. B P ar kw ay The corridor includes the new Walmart Supercenter, Buck Mountain Rd. Home Depot, Starbucks, Chick-Fil-A, Lowe’s, 11 acres Kohl’s, Outback Steakhouse, Barnes & Noble, Belk, JCPenny, Kroger, Staples, SteinMart and TJ Maxx. 220

Walmart 4.75 acres ROANOKE COUNTY, 9 acres

VIRGINIA . Rd e v 6.67 acres a r G

n a di 2.79 acres In

New Walmart Super Center 2.3 acres 50 acres

N 3.1 acres

Perry site Branch site Amos site Traffic counts Kingery site Thalhimer site Shepherd site Walmart Traffic counts along US 220 through the Clearbrook Village Overlay District Pope site Clearbrook area average approximately 28,000 Intersection with tra c signal Timberbrook site cars and trucks per day.

Facility Length From To AADT % Truck

220/Franklin Road 6.31 Blue Ridge Parkway Franklin County Line 28,000 11

Blue Ridge Parkway 8.79 US 220 SR 24 2,400 0

Buck Mountain Road 1.04 Blue Ridge Parkway US 220 Franklin Road 4,800 6 Market demographics

Clearbrook is the highest-income commercial district in the Roanoke Region of Virginia. With a median household income nearly 12 percent higher than For a complete demographic report, please visit the overall metro, households in Clearbrook have www.roanoke.org/roanokeregionaltradearea. significant buying power and disposable income.

• Annual retail expenditures made by households within 25 miles of the sites is estimated at more than Downtown $3 billion. Clearbrook Retail Corridor Roanoke

2.75 miles

d R Barnes Carmike • Psychographic groupings most heavily represented 220 n & Noble Cinemas Stein e in the area typically prefer home improvement and d Mart g E Bu alo O fitness-related hobbies. These groups also tend to le Kroger c Wild Wings tr ic shop in discount stores, warehouse clubs and major R d J.C. Penney . department stores. (Source: SERI Business Analyst). T.J. Maxx

419 Belk . • More than 30 percent of residents within 10 minutes d R y have a bachelor’s degree or higher. Average e H Panera Staples Chick-l-A rk u ta n Bread household income is nearly $58,000 per year. t S i n Starbucks g H Lowe’s ills Home Dr. Depot

Outback Kohl’s Steakhouse Food Lion ROANOKE O COUNTY, ld

R o

111 Franklin Plaza, Suite 333 | Roanoke, VA 24011 VIRGINIA c k

220 y

540-343-1550 | Toll free: 1-800-LOCATE2 M t

d www.roanoke.org | [email protected] .

B lu idge P Buck M e R ark oun w tai ay n R d. Crossroads Luxury Vehicles Walmart Roanoke County Department of Economic Development PO Box 29800 | Roanoke, VA 24018 | 540-772-2069 www.yesroanoke.org N

Indian Grave Rd. Jill Loope Acting Director of Economic Development Clearbrook Village Overlay District [email protected]