huffman mill commons new retail...huffman mill commons is being developed by levcor, inc. founded in...

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NEW RETAIL DEVELOPMENT FOR LEASE Huffman Mill Commons, the new +/-150,000 SF power center development offers prime retail location in the growing Burlington, North Carolina market. Located off I-40/85 and Huffman Mill Road, the center enjoys easy access, with signalized intersection and excellent visibility on Burlington’s main retail corridor with extensive national brand co-tenancy. NEWSOUTHPROP.COM HUFFMAN MILL COMMONS 529 HUFFMAN MILL ROAD, BURLINGTON, NC 27215 BROKER CONTACT PAULA SAUNDERS 704.927.2892 [email protected] “The information contained herein was obtained from sources believed reliable, however, no guarantees, warranties, or representations have been made as to the completeness or accuracy there- of. No liability assumed for error or omissions.” DALE HALL 704.927.2880 [email protected] Size: 150,000 SF Anchored by Academy Sports + Outdoors & Burlington Coming Soon: Party City +/-18,000 - 24,000 SF Jr. Anchor space available +/-1,200 - 4,400 SF retail/restaurant space available +/-3,000 SF freestanding retail building available Traffic Counts: Interstate 40/85: 110,000 VPD | Huffman Mill Rd: 36,000 VPD PROPERTY INFORMATION PROPERTY HIGHLIGHTS DEMOGRAPHICS AVG. HH INCOME 5 MILES TRADE AREA Est. Avg HHI (2019): $68,729 $69,481 Proj. Avg HHI (2024): $77,315 $78,375 $ JUNIOR ANCHOR, RETAIL AND RESTAURANT SPACE AVAILABLE POPULATION 5 MILES TRADE AREA Est. Pop (2019): 80,640 235,909 Proj. Pop. (2024): 88,525 255,106 DAYTIME POP 5 MILES TRADE AREA Daytime Pop: 43,200 82,100 TOTAL RETAIL EXP. 5 Miles: $935M (51.9%) Trade Area: $2.56B (48.2%) $

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Page 1: HUFFMAN MILL COMMONS NEW RETAIL...Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets,

HUFFMAN MILL COMMONSHUFFMAN MILL RD. & FORESTDALE DR.

BURLINGTON, NORTH CAROLINAProject Number: 2016-164.001

NEW RE TAILDEVELOPMENT

FOR LEASE

Huffman Mill Commons, the new +/-150,000 SF power center development offers prime retail location in the growing Burlington, North Carolina market. Located off I-40/85 and Huffman Mill Road, the center enjoys easy access, with signalized intersection and excellent visibility on Burlington’s main retail corridor with extensive national brand co-tenancy.

N E W S O U T H P R O P. C O M

HUFFMAN MILL COMMONS529 HUFFMAN MILL ROAD, BURLINGTON, NC 27215

B R O K E R C O N TAC T

PAULA [email protected]

“The information contained herein was obtained from sources believed reliable, however, no guarantees, warranties, or representations have been made as to the completeness or accuracy there-of. No liability assumed for error or omissions.”

DALE [email protected]

• Size: 150,000 SF

• Anchored by Academy Sports + Outdoors & Burlington

• ComingSoon:PartyCity

• +/-18,000 - 24,000 SF Jr. Anchor space available

• +/-1,200 - 4,400 SF retail/restaurant space available

• +/-3,000 SF freestanding retail building available

• Traffic Counts: Interstate 40/85: 110,000 VPD | Huffman Mill Rd: 36,000 VPD

P R O P E R T Y I N F O R M AT I O N P R O P E R T Y H I G H L I G H T S

D E M O G R A P H I C S

AVG.HHINCOME5 MILES TRADE AREA

Est. Avg HHI (2019): $68,729 $69,481Proj. Avg HHI (2024): $77,315 $78,375

$

JUNIOR ANCHOR, RE TAIL AND RESTAURANT SPACE AVAILABLE

POPULATION 5 MILES TRADE AREA

Est. Pop (2019): 80,640 235,909 Proj. Pop. (2024): 88,525 255,106

DAYTIMEPOP5 MILES TRADE AREA

Daytime Pop: 43,200 82,100

TOTALRETAILEXP.

5 Miles: $935M (51.9%)Trade Area: $2.56B (48.2%)

$

Page 2: HUFFMAN MILL COMMONS NEW RETAIL...Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets,

Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets, with a primary focus on retail. A fully vertically integrated real estate firm, Levcor possesses in-house leasing, property management and construction management services, all while owning and operating its assets. The firm works with institutional and private investors alike, with its equity investors having included family offices, public pensions, real estate investment firms and high net worth individuals. In addition, Levcor has fostered strong, longstanding relationships with nationally recognized retail tenants, financial institutions and local market players. Over the course of its nearly 40 year operating history, the firm has acquired, developed and/or managed approximately 20 million square feet in commercial real estate.

2

HUFFMAN MILL COMMONS529 HUFFMAN MILL ROAD, BURLINGTON, NC 27215

JUNIOR ANCHOR, RE TAIL AND RESTAURANT SPACE AVAILABLE

OVERVIEW

NEWSOUTHPROP.COM

T R A D E A R E A O V E R V I E W

PAULA SAUNDERS | 704.927.2892 | [email protected] HALL | 704.927.2880 | [email protected]

“The information contained herein was obtained from sources believed reliable, however, no guarantees, warranties, or representations have been made as to the completeness or accuracy thereof. No liability assumed for error or omissions.”

D E V E LO P E R O V E R V I E W

Located in central North Carolina, the Burlington Trade Area is situated on two

interstates, the major thoroughfare connecting the Triad and Research Triangle.

This unique combination of location, access, and proximity are keys to moving and

connecting people, goods, and services and is why Burlington, NC is recognized as

The Carolina Corridor. Strong growth in industry has resulted in steady growth in

population and household income translating into positive retail sales trends - annual

sales growth of over 9.5% six out of the seven years since 2011. The Huffman Mill Road

and University Drive retail corridor has a critical mass of shopping with destination

retail, entertainment and the only wholesale club within 20 miles.

A R E A R E TA I L E R S A R E A R E S TAU R A N T S

Page 3: HUFFMAN MILL COMMONS NEW RETAIL...Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets,

Unive

rsityDrive

32,00

0ADT

University Commons

Alamance WestAlamance Crossing

HuffmanMillRoad36,000AADT

6,739Students

HollyHillMall

133,000AADT

New Market Square

HUFFMAN MILL COMMONS529 HUFFMAN MILL ROAD, BURLINGTON, NC 27215

JUNIOR ANCHOR, RE TAIL AND RESTAURANT SPACE AVAILABLE

RETAIL FOR LEASE

NEWSOUTHPROP.COM

3PAULA SAUNDERS | 704.927.2892 | [email protected] HALL | 704.927.2880 | [email protected]

“The information contained herein was obtained from sources believed reliable, however, no guarantees, warranties, or representations have been made as to the completeness or accuracy thereof. No liability assumed for error or omissions.”

Huffman Mill Commons

COMINGSOON

Page 4: HUFFMAN MILL COMMONS NEW RETAIL...Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets,

A1 Academy Sports + Outdoors 69,956 SF

B1 Burlington 35,000 SF

C1 Party City 12,000 SF

C2 Available 18,000 - 24,000 SF

D1 Available 5,000 SF

E1 Available with patio 3,520 SF

E2 Lease Negotiation 1,274 SF

E3 Available 4,400 SF

E4 Chipotle 2,310 SF

4PAULA SAUNDERS | 704.927.2892 | [email protected] HALL | 704.927.2880 | [email protected]

“The information contained herein was obtained from sources believed reliable, however, no guarantees, warranties, or representations have been made as to the completeness or accuracy thereof. No liability assumed for error or omissions.”

HUFFMAN MILL COMMONS529 HUFFMAN MILL ROAD, BURLINGTON, NC 27215

JUNIOR ANCHOR, RE TAIL AND RESTAURANT SPACE AVAILABLE

SITE PLAN

NEWSOUTHPROP.COM

S PAC E T E N A N T S I Z E

E1 E3 E4E2

ForrestdaleDrive Huff

man

MillRoa

d3

2,60

2ADT

RETAIL18,000 - 24,000 SF

Page 5: HUFFMAN MILL COMMONS NEW RETAIL...Huffman Mill Commons is being developed by Levcor, Inc. Founded in 1980, Levcor Inc. is an established developer of commercial real estate assets,

5PAULA SAUNDERS | 704.927.2892 | [email protected] HALL | 704.927.2880 | [email protected]

“The information contained herein was obtained from sources believed reliable, however, no guarantees, warranties, or representations have been made as to the completeness or accuracy thereof. No liability assumed for error or omissions.”

HUFFMAN MILL COMMONS529 HUFFMAN MILL ROAD, BURLINGTON, NC 27215

BUILDING ELEASE PLAN

NEWSOUTHPROP.COM

Building E – Site Plan

+/-3,520 SF53’.3” W

E1 E2 E4E3

+/- 4,400 SF66’6” W

PATIO66’

174’

Lease

Negotiatio

ns