highway 49 near i-485...• located just 1-mile from the i-485 interchange (exit 33) and 2.5 miles...

mpvre.com

Retail Land For Sale• Excellent location for retail outparcel users and an

anchor grocery store.• The outparcels will be delivered by Seller in pad-ready

condition.• Nearby attractions include: Harrisburg Town Center,

Concord Mills, UNC Charlotte and Charlotte Motor Speedway.

• Located just 1-mile from the I-485 interchange (Exit 33) and 2.5 miles from UNC Charlotte.

• First buildable site from I-485 on the ‘going home’ side of Highway 49. Entitled for up to 125,000 SF.

• Possible new stop light at entrance.• Traffic Counts AADT 32,600 (‘12)• Mecklenburg County Zoning: B-1S(CD)

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Traffic CountHwy 49: 32,600 (‘12)

Harrisburg

Highway 49 near I-485

ContactNolan [email protected]

Bailey W. Patrick [email protected]

Retail Outparcels and Grocery Site for Sale

11820 University City Blvd, Charlotte, NC

Pricing Outparcels $695,000 per acreRemaining Land $195,000 per acre

NPhoto: Google, 2013

485

49University City

Blvd

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Highway 49 near I-485Charlotte, NC

BUILDING 1689.0 FFE

BUILDING 2

691.0 FFE

FUTURE DEVELOPMENT AREA

OUTPARCEL 159,058 SF (1.35 AC)

UNIVERSITY CITY BOULEVARDVARIABLE WIDTH PUBLIC R/W



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Site Plan and Pricing

SOLDGROCERY SITE

12.24 Acres

Pricing

Outparcel 1 1.35 acres $695,000/acre $938,250 Total

Outparcel 2 1.39 acres $695,000/acre $966,050 Total

Outparcel 3 1.63 acres $695,000/acre $1,132,850 Total

Grocery Site 12.24 acres $195,000/acre $2,386,800 Total

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Highway 49 near I-485Charlotte, NC

Demographics 1 mile 3 mile

2016 Est. Population 5,114 52,239

2016 Est. Housing Units 1,934 18,067

2016 Est. Average HH Income $74,422 $73,423

Market Aerial Charlotte, NC

Copyright nearmap 2015

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Area Retail and DemographicsGrocers in the Area

5 Mile Radius

• Charlotte Motor Speedway

• Concord Mills

• Goodwill

• Lowe’s Home Improvement

• IKEA

• Target

• UNC Charlotte

• United States Postal Service

• Walmart

Source: 2017 ESRI and NCDOT

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Highway 49 near I-485Charlotte, NCUniversity City

University City Facts

The greater University City area has tripled in population in the last 25 years and is projected to reach nearly 200,000 by 2015.

Within the University City boundaries, these amenities can be found:

► 23 shopping areas

► 130 restaurants in University City’s

► Over 2,000 hotel rooms

► CMC-University with the addition of 150 medical practices.

Other Key Developments

► 2009 – IKEA opened at Belgate

► 2010 – BECO South began renovations at Innovation Park (within University Research Park) and increased occupancy rates for the nearly 2 Million square foot campus from 30% to 80%.

► 2014 (December) – Completion of I-485 Outer Loop and major improvements for I-85

► 2017 – Completion of ‘proposed’ 9-mile light rail extension connecting Center City Charlotte to the UNC Charlotte campus.

University Research Park

Over 30,000 employees that include these major employers:

Enrollment includes over 25,000 students with 900

full-time faculty.

AON Hewitt

Areva

AT&T

AXA Equitable

Classic Graphics

CMS – Governor’s

Village

Convergys

Digital Optics

Duke Energy

Electrolux

Fox Sports 1

Rack Room Shoes

TIAA CREF

Wells Fargo

Wilkinson & Associates
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highway 49 near i-485...• located just 1-mile from the i-485 interchange (exit 33) and 2.5 miles...

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