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Industrial Development Opportunity Greensboro, Nc | 27409 Industrial Brigham Development Opportunity 690-696 Road Greensboro, Nc 27409

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Industrial Development Opportunity Greensboro, Nc | 27409 Industrial Brigham Development Opportunity 690-696 Road Greensboro, Nc 27409 BRIGHAM 690-696 ROAD INDUSTRIAL DEVELOPMENT OPPORTUNITY GREENSBORO, NC | 27409 INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 INVESTMENT SUMMARY > For purchase BRIGHAM > Class A industrial development opportunity DEVELOPMENT SITE > Located in Greensboro’s strongest industrial submarket > Excellent visibility directly next to Piedmont Triad PIEDOMONT TRIAD International Airport INT’L AIRPORT PROPERTY DETAILS 690 & 696 Brigham Rd Address Greensboro, NC 27409 GREENSBORO County Guilford Acreage ±19.7 Acres Zoning R-18 and C-H - subject to rezoning 009756 - 696 Brigham Rd PIN 0097744 - 690 Brigham Rd Utilities Power, Gas, Water, Sewer Price $2,561,000 ($130,000/AC) ADDITIONAL TRACT AVAILABLE 700 Brigham Rd Address Greensboro, NC 27409 Acreage ±1.01 Acres Zoning CP (Corporate Park) Utilities Power, Gas, Water, Sewer Price $275,000 FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 2 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 DEVELOPMENT SITE ADDITIONAL TRACT AVAILABLE BRIGHAM ROAD CORNERSTONE DRIVE 3 FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 BRIGHAM ROAD LAND DEVELOPMENT ±204,498 SF WAREHOUSE N ±40,287 SF WAREHOUSE ±52,2306 SF DISTRIBUTION FACILITY ±51,976 SF DISTRIBUTION FACILITY ±335,274 SF MANUFACTURING ±117,500 SF FACILITY TRANSPORTATION FACILITY ±137,816 SF DISTRIBUTION FACILITY ±68,690 SF ±727,225 SF ±205,196 SF DISTRIBUTION CENTER DISTRIBUTION CENTER MANUFACTURING FACILITY ±71,239 SF FACILITY ±40,000 SF WAREHOUSE FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 4 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 GREENSBORO | WINSTON-SALEM | HIGHPOINT TRIAD INDUSTRIAL MARKET SOUTH GREENSBORO SUBMARKET The Triad industrial market contains approximately 266 The Orion Portfolio is located in the heart of the South Greensboro Submarket, which includes 7.7 million square feet of leased and owner occupied distribution million square feet of distribution andSECOND manufacturing space.LARGEST The average rental rate in this submarket and manufacturing space, second only to Charlotte as the is .20 cents higher psf than the overall Greensboro market. Demand for this submarket is generated largest industrial market in the Carolinas. Industrial rents have INDUSTRIAL MARKET IN by its proximity to Interstates 40 & 85, and Highways 70 & 220. The Federal Express Air Hub and the appreciated well in recent quarters, climbing 4.9% in the past THE CAROLINAS FedEx ground mega-hub have attracted many companies to the area seeking outbound logistics, low year. Vacancy rates have declined dramatically to 4.3% of direct operating costs, and a highly educated labor pool. Additionally, from this location companies literally vacancy throughout the market. Greensboro is equidistant from sit in the epicenter of North Carolina. This is as central as one can get. Atlanta, GA and Washington, DC. AVG. ASKING UNDER LOCATION INVENTORY Q4 2018 OCCUPANCY NNN RENT CONSTRUCTION AIRPORT / W GUILFORD CO. INDUSTRIAL 30,951,000 96.3% $5.99 1,596,000 TOTAL GREENSBORO INDUSTRIAL 153,000,000 95.6% $4.65 2,476,996 FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 5 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 THE TRIAD & EASTERN SEABOARD DISTRIBUTION One of the most significant factors in the local economy is its accessibility to major markets. The combined metropolitan area of Greensboro, High Point and Winston-Salem (collectively known as “The Triad”) is located along the eastern seaboard, approximately halfway between Washington, DC and Atlanta, Georgia. The Triad is within 1.5 hours driving time of both Charlotte and Raleigh, the largest cities in North Carolina. ACCESSIBLE TRANSIT 4 PORTS < 300 MILES NETWORK • Wilmington, NC (215 mi) • I-40 • Morehead City, NC (230 mi) • I-85 • Norfolk, VA (240 mi) • I-73 • Charleston, SC (285 mi) • I-77 • Future I-785 100 miles 3 MAJOR AIRPORTS RAILROAD < 90 MINUTES • Served by Norfolk Southern • PTI - RDU - CLT • Intermodal Port 200 miles • FedEx MidAtlantic Air Hub, along with FedEx Ground, UPS & USPS Bulk Main 300 miles Center FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 6 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 SUCCESS IS HEADQUARTERED HERE North Carolina is home to 12 Fortune 500 and 27 Fortune 1000 headquarters, including Honeywell and Advanced Auto Parts. North Carolina’s consistently top-ranked business climate, low cost of living, access to four international airports and highly educated workforce all create an incomparable environment for corporate success. Detroit New York Chicago Pittsburgh Washington D.C. Cincinnati 250 Miles Richmond St. Louis Louisville Norfolk 500 Miles Greensboro Nashville Morehead City Wilmington Memphis Atlanta Charleston Birmingham 750 Miles Savannah Tampa Source: NC Economic Development www.edpnc.com FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 7 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 TRIAD BUSINESS CLIMATE Greensboro, with an estimated population of 292,265, is the 3rd-most populous city in North Carolina and largest city in Guilford County. Three major interstate highways (I-40, I-85, and I-73) in central North Carolina intersect at Greensboro. The Greensboro Urban Loop, a 44-mile roadway nearing completion, carries I-73, I-85, I-785, I-840, and US Route 42, and is designed to allow traffic to bypass Greensboro and improve congestion on existing I-40. Greensboro is part of the thriving metropolitan area called the Triad, which encompasses the three cities of Greensboro, High Point, and Winston-Salem; a combined population of 653,278. The Triad is within 1.5 hours driving time of both Charlotte and Raleigh, the largest cities in North Carolina. The Greensboro economy and surrounding area historically has been centered around textiles, tobacco, and furniture. Today, the city thrives as a hub for new and expanding companies, boasting names like FedEx, Publix, Amazon and Southern Foods. Major industries consist of technology, education, logistics and transportation. Among the Triad’s recent and most significant economic developments is FedEx’s PTI Airport Expansion. The $300 million package-sorting hub and third airport runway has positioned FedEx as a major distribution center and connection on the Eastern Seaboard, and brings up to 400 new jobs. Amazon has signed a lease for up to 40 years for a 1 million square foot fulfillment center now under development in Kernersville that is expected to be completed in 2020, bringing up to 1,000 jobs to the Triad. Publix Super Markets chose Greensboro to build a $400 million, 1.8 million square foot distribution center, a project expected to create more than 1,000 jobs. Among grocers, the Publix facility would outsize both the 1.48 million-square-foot Harris Teeter hub in Greensboro, and the new 900,000-square-foot Lidl hub in Mebane. NO. NO. NO. NO 1 2.5% INVENTORY LOWEST 1 1 CORPORATE INCOME TOP COMPETITIVE BEST STATE FOR CORPORATE TAX TAX RATE TAX STATE BUSINESS RATE IN THE US For more information, please visit Greensboro Chamber of Commerce FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 8 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 SITE SURVEY FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 9 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 TOPOGRAPHY Proposed Bldg 1 116,000 SF Proposed Bldg 122,000 SF Proposed Bldg 194,400 SF Proposed Bldg 274,700 SF Proposed Bldg 129,000 SF PROPOSED STORMWATER DEVICE FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 10 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 FLOOD ZONES FRANK QUINN DAVID STROUD Executive Vice President Vice President + 1 919 582 3150 + 1 919 582 3148 11 [email protected] [email protected] INDUSTRIAL BRIGHAM DEVELOPMENT OPPORTUNITY 690-696 ROAD GREENSBORO, NC 27409 FUTURE LAND USE SITE LEGEND Transit Planning & Projects (greensboro-nc.gov) The GDOT Planning Division's primary role with respect to public transit in the Greensboro Urban Area consists of providing support and coordination for the various transit providers serving the area. Public transit has a significant potential for shaping future development patterns. Consequently, the Division also works with local and regional land use planning and permitting agencies to ensure that access to transit service is available to developing areas, and to promote transit supportive land use patterns in redevelopment and new development projects. FRANK QUINN DAVID
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