matthews industrial€¦ · matthews industrial investment summary | 04 offering summary address...
TRANSCRIPT
Matthews Industrial11145 Monroe Rd, Matthews NC 28105
O F F E R I N G M E M O R A N D U M
Matthews IndustrialCONTENTS
Exclusively Marketed by:
Clifford Blanquicet Jr.President(704) 727-6202
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct yourown investigation of the property and transaction.
01 Executive Summary Investment Summary 4 Location Summary 5
02 Property Description Property Features 7 Aerial Map 8
03 Demographics Demographics 10
Matthew
s Industrial | Executive Summ
ary
Executive Summary
MA
TTH
EWS
IND
UST
RIA
L
01
......
......
......
......
......
......
......
......
Investment Summary
Location Summary
Matthews Industrial Investment Summary | 04
OFFERING SUMMARYADDRESS 11145 Monroe Rd
Matthews NC 28105COUNTY MecklenburgMARKET Charlotte MSASUBMARKET Matthews, NCBUILDING SF 133,400 SFLAND SF 361,548 SFYEAR BUILT 1972APN 193-212-14
FINANCIAL SUMMARYOFFERING PRICE $5,200,000PRICE PSF $38.98
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 6,105 61,988 178,1292019 Median HH Income $55,025 $70,865 $77,4192019 Average HH Income $80,719 $102,398 $109,417
Excess Land for Development
New TPO roof on +/-78,000 SF
Heavy Power
High-Grade, Wet Sprinkler
Swamp Cooler Updated 2016
Investment or Owner-User
Seller will consider owner-financing
This +/-133,400 square foot industrial building sits on +/-8.3 acres of lightindustrial-zoned land in the growing market of Matthews, NC. Thisproperty is being offered as an investment property or may be purchasedby an owner-user. Seller will consider owner-financing. The property iscurrently vacant, but may make an excellent investment opportunity withthe right tenant. The property boasts heavy parking with excess land forparking or development, a new TPO roof on +/-78,000 square feet.
Matthews Industrial Location Summary | 05
Matthews, NC is a charming Charlotte Suburb, located +/-13 miles South East of the CBD. The property isconveniently located minutes from Hwy 74/IndependenceExpressway and I-485. The property is also +/-18 milesfrom the Charlotte Douglas International Airport
Regional Map
Locator Map
Matthew
s Industrial | Property Description
Property Description
MA
TTH
EWS
IND
UST
RIA
L
02
......
......
......
......
......
......
......
......
Property Features
Aerial Map
Parcel Map
Additional Maps
Property Images
Matthews Industrial Property Features | 07
PROPERTY FEATURESNUMBER OF UNITS 1BUILDING SF 133,400LAND SF 361,548LAND ACRES 8.3YEAR BUILT 1972# OF PARCELS 1ZONING TYPE I-1BUILDING CLASS BNUMBER OF STORIES 1CEILING HEIGHT 16'-24'DOCK HIGH DOORS 9 extGRADE LEVEL DOORS 2OFFICE SF 9,917
MECHANICALFIRE SPRINKLERS High-Grade/WetELECTRICAL / POWER 3P
Matthews Industrial Aerial Map | 08
Matthew
s Industrial | Dem
ographics
Demographics
MA
TTH
EWS
IND
UST
RIA
L
03
......
......
......
......
......
......
......
......
Demographic Details
Matthews Industrial Demographics | 10
POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 3,866 48,831 132,470
2010 Population 5,427 55,896 160,434
2019 Population 6,105 61,988 178,129
2024 Population 6,495 65,518 189,900
2019 African American 960 10,762 31,134
2019 American Indian 21 213 789
2019 Asian 372 3,848 10,558
2019 Hispanic 549 6,249 20,259
2019 Other Race 217 2,887 9,236
2019 White 4,404 42,341 121,148
2019 Multiracial 130 1,896 5,159
2019-2024: Population: Growth Rate 6.25 % 5.55 % 6.45 %
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 218 1,382 3,721
$15,000-$24,999 274 2,115 4,785
$25,000-$34,999 353 1,981 5,441
$35,000-$49,999 440 3,313 8,023
$50,000-$74,999 710 4,211 11,452
$75,000-$99,999 318 2,827 8,453
$100,000-$149,999 271 4,100 12,026
$150,000-$199,999 216 2,387 6,853
$200,000 or greater 178 2,657 8,189
Median HH Income $55,025 $70,865 $77,419
Average HH Income $80,719 $102,398 $109,417
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 1,792 20,232 53,991
2010 Total Households 2,644 22,560 62,396
2019 Total Households 2,979 24,972 68,943
2024 Total Households 3,171 26,321 73,206
2019 Average Household Size 1.96 2.47 2.57
2000 Owner Occupied Housing 692 12,316 36,258
2000 Renter Occupied Housing 975 6,596 14,763
2019 Owner Occupied Housing 823 14,768 45,785
2019 Renter Occupied Housing 2,156 10,204 23,158
2019 Vacant Housing 119 936 3,770
2019 Total Housing 3,098 25,908 72,713
2024 Owner Occupied Housing 895 15,780 49,123
2024 Renter Occupied Housing 2,276 10,541 24,083
2024 Vacant Housing 122 937 3,925
2024 Total Housing 3,293 27,258 77,131
2019-2024: Households: Growth Rate 6.30 % 5.30 % 6.05 %
Source: esri
Matthews Industrial Demographics | 11
2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2019 Population Age 30-34 413 3,934 10,623
2019 Population Age 35-39 418 4,308 11,906
2019 Population Age 40-44 349 4,174 11,869
2019 Population Age 45-49 296 4,113 12,319
2019 Population Age 50-54 293 4,121 12,056
2019 Population Age 55-59 298 4,260 12,160
2019 Population Age 60-64 303 3,778 10,860
2019 Population Age 65-69 268 3,032 8,987
2019 Population Age 70-74 226 2,325 7,286
2019 Population Age 75-79 277 1,616 4,956
2019 Population Age 80-84 274 1,049 3,118
2019 Population Age 85+ 548 1,177 3,217
2019 Population Age 18+ 5,049 47,717 135,597
2019 Median Age 41 38 39
2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $50,799 $54,365 $60,122
Average Household Income 25-34 $64,582 $76,808 $82,297
Median Household Income 35-44 $58,274 $83,667 $94,499
Average Household Income 35-44 $81,398 $110,598 $120,192
Median Household Income 45-54 $66,249 $101,267 $104,875
Average Household Income 45-54 $99,301 $128,887 $137,508
Median Household Income 55-64 $62,311 $97,219 $94,829
Average Household Income 55-64 $97,641 $127,326 $129,469
Median Household Income 65-74 $60,797 $71,370 $74,064
Average Household Income 65-74 $95,985 $99,125 $102,266
Average Household Income 75+ $74,405 $62,520 $67,947
2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2024 Population Age 30-34 455 4,508 12,814
2024 Population Age 35-39 434 4,327 12,089
2024 Population Age 40-44 403 4,357 12,558
2024 Population Age 45-49 303 4,131 12,096
2024 Population Age 50-54 290 4,207 12,459
2024 Population Age 55-59 269 3,980 11,772
2024 Population Age 60-64 312 4,064 11,742
2024 Population Age 65-69 290 3,501 10,389
2024 Population Age 70-74 267 2,843 8,373
2024 Population Age 75-79 369 2,249 6,763
2024 Population Age 80-84 324 1,403 4,115
2024 Population Age 85+ 565 1,338 3,685
2024 Population Age 18+ 5,375 50,937 145,899
2024 Median Age 42 39 40
2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $56,579 $61,243 $70,361
Average Household Income 25-34 $76,581 $88,913 $96,121
Median Household Income 35-44 $66,704 $101,820 $107,063
Average Household Income 35-44 $94,740 $128,700 $136,356
Median Household Income 45-54 $81,983 $112,039 $117,245
Average Household Income 45-54 $117,091 $144,203 $155,075
Median Household Income 55-64 $71,350 $108,254 $106,730
Average Household Income 55-64 $113,126 $143,255 $145,959
Median Household Income 65-74 $68,092 $81,874 $83,690
Average Household Income 65-74 $112,852 $116,359 $118,644
Average Household Income 75+ $88,496 $73,620 $80,225
Matthews Industrial
CONFIDENTIALITY and DISCLAIMERThe information contained in the following offering memorandum is proprietary and strictly confidential. It isintended to be reviewed only by the party receiving it from Blanq real estate and it should not be madeavailable to any other person or entity without the written consent of Blanq real estate .
By taking possession of and reviewing the information contained herein the recipient agrees to hold and treatall such information in the strictest confidence. The recipient further agrees that recipient will not photocopy orduplicate any part of the offering memorandum. If you have no interest in the subject property, pleasepromptly return this offering memorandum to Blanq real estate . This offering memorandum has been preparedto provide summary, unverified financial and physical information to prospective purchasers, and to establishonly a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. Blanq realestate has not made any investigation, and makes no warranty or representation with respect to the income orexpenses for the subject property, the future projected financial performance of the property, the size andsquare footage of the property and improvements, the presence or absence of contaminating substances,PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of theimprovements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans orintentions to continue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained from sources we believe reliable;however, Blanq real estate has not verified, and will not verify, any of the information contained herein, norhas Blanq real estate conducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of the information provided. All potentialbuyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shallbe responsible for their costs and expenses of investigating the subject property.
Exclusively Marketed by:
Clifford Blanquicet Jr.President(704) 727-6202
powered by CREOP