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Jim Perricone Adam Capani 919.585.5321 919.585.5569 [email protected] [email protected] OFFERING SUMMARY Available SF: 2,400 - 4,618 SF Lease Rate: $14.00 - 16.00 SF/yr (MG) Lot Size: 5.25 Acres Year Built: 2004 Building Size: 45,000 Zoning: B-3 Market: Raleigh-Durham Submarket: Johnston Traffic Count: 21,000 This upscale retail and office center is located just east of downtown Clayton on US 70 Hwy Business, less than 2 miles from the $2.5 billion Novo Nordisk expansion, North Carolina's largest economic development investment. Grifols is also growing having acquired an additional 400+ acres behind Southern Village and announced another $300 million expansion. The center has a mixture of restaurant retail and professional offices with ample parking. Clayton has one of the outer Triangle’s strongest demographic profiles and continues to see residential growth. This center is easily accessible to this growing market. Units are condos and Landlord will consider sale well as lease. PROPERTY OVERVIEW PROPERTY HIGHLIGHTS • Area has high daytime population with the nearby industrial development • A new residential subdivision is in development across 70 and east of NC 42 E • Center is 5 miles from Flowers Plantation & 2 miles from US 70 Business/US 70 bypass (Future I-42) interchange EXECUTIVE SUMMARY RETAIL/OFFICE SPACE FOR LEASE SOUTHERN VILLAGE • 8838 US 70 HWY BUS W, CLAYTON, NC 27520

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Page 1: RETAIL/OFFICE SPACE FOR LEASE...lease type | mg total space | 2,400 - 4,618 sf lease term | 36 months lease rate | $14.00 - $16.00 sf/yr available spaces retail/office space for lease

Jim Perricone Adam Capani919.585.5321 [email protected] [email protected]

OFFERING SUMMARY

Available SF: 2,400 - 4,618 SF

Lease Rate: $14.00 - 16.00 SF/yr

(MG)

Lot Size: 5.25 Acres

Year Built: 2004

Building Size: 45,000

Zoning: B-3

Market: Raleigh-Durham

Submarket: Johnston

Traffic Count: 21,000

This upscale retail and office center is located just east of downtown Clayton on US 70 Hwy Business, less than 2miles from the $2.5 billion Novo Nordisk expansion, North Carolina's largest economic development investment.Grifols is also growing having acquired an additional 400+ acres behind Southern Village and announced another$300 million expansion. The center has a mixture of restaurant retail and professional offices with ample parking.Clayton has one of the outer Triangle’s strongest demographic profiles and continues to see residential growth.This center is easily accessible to this growing market. Units are condos and Landlord will consider sale well aslease.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Area has high daytime population with the nearby industrial development

• A new residential subdivision is in development across 70 and east of NC 42 E

• Center is 5 miles from Flowers Plantation & 2 miles from US 70 Business/US 70 bypass (Future I-42) interchange

EXECUTIVE SUMMARY

RETAIL/OFFICE SPACE FOR LEASESOUTHERN VILLAGE • 8838 US 70 HWY BUS W, CLAYTON, NC 27520

Page 2: RETAIL/OFFICE SPACE FOR LEASE...lease type | mg total space | 2,400 - 4,618 sf lease term | 36 months lease rate | $14.00 - $16.00 sf/yr available spaces retail/office space for lease

Jim Perricone Adam Capani919.585.5321 [email protected] [email protected]

SUITE SIZE (SF) LEASE TYPE LEASE RATE DESCRIPTION

8838 - 400 2,400 SF Modified Gross $14.00 - $16.00 SF/yr 2nd generation retail - showroom front & warehouse/storage back - 2 baths.

8878 - 200/300 2,400 - 4,618 SF Modified Gross $14.00 - $16.00 SF/yr 2nd generation retail - showroom front & warehouse storage back with 2 roll up doors - 2 baths

LEASE TYPE | MG

TOTAL SPACE | 2,400 - 4,618 SF

LEASE TERM | 36 months

LEASE RATE | $14.00 - $16.00 SF/yr

AVAILABLE SPACES

RETAIL/OFFICE SPACE FOR LEASESOUTHERN VILLAGE • 8838 US 70 HWY BUS W, CLAYTON, NC 27520

Page 3: RETAIL/OFFICE SPACE FOR LEASE...lease type | mg total space | 2,400 - 4,618 sf lease term | 36 months lease rate | $14.00 - $16.00 sf/yr available spaces retail/office space for lease

Jim Perricone Adam Capani919.585.5321 [email protected] [email protected]

TRAFFIC COUNT

Traffic Count 21,000

LOCATION MAP

RETAIL PROPERTY FOR LEASESOUTHERN VILLAGE • 8838 US 70 HWY BUS W, CLAYTON, NC 27520

Page 4: RETAIL/OFFICE SPACE FOR LEASE...lease type | mg total space | 2,400 - 4,618 sf lease term | 36 months lease rate | $14.00 - $16.00 sf/yr available spaces retail/office space for lease

Jim Perricone Adam Capani919.585.5321 [email protected] [email protected] ADDITIONAL PHOTOS

RETAIL/OFFICE SPACE FOR LEASESOUTHERN VILLAGE • 8838 US 70 HWY BUS W, CLAYTON, NC 27520

Page 5: RETAIL/OFFICE SPACE FOR LEASE...lease type | mg total space | 2,400 - 4,618 sf lease term | 36 months lease rate | $14.00 - $16.00 sf/yr available spaces retail/office space for lease

Jim Perricone Adam Capani919.585.5321 [email protected] [email protected]

POPULATION 1 MILE 5 MILES 10 MILES

Total population 2,101 33,829 114,765

Median age 37.9 35.6 35.3

Median age (Male) 31.6 33.1 34.1

Median age (Female) 38.8 36.7 36.1

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 736 12,075 40,960

# of persons per HH 2.9 2.8 2.8

Average HH income $58,428 $65,482 $66,832

Average house value $232,547 $192,501 $185,058

* Demographic data derived from 2010 US Census

DEMOGRAPHICS MAP & REPORT

RETAIL/OFFICE SPACE FOR LEASESOUTHERN VILLAGE • 8838 US 70 HWY BUS W, CLAYTON, NC 27520


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