3910 BRAGG BOULEVARD · 3910 BRAGG BOULEVARD. fayetteville, north carolina. MIKE KEEN. Vice President 919.795.1944. [email protected]. SHELLEY BHATIA. Real Estate Advisor

3910 BRAGG BOULEVARDf a y e t t e v i l l e , n o r t h c a r o l i n a

MIKE KEENVice President919.795.1944

[email protected]

SHELLEY BHATIAReal Estate Advisor

[email protected]

FAYETTEVILLENORTH CAROLINA

property information

1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552

ADDRESS 3910 BRAGG BOULEVARD BRAGG BOULEVARD & BLANTON ROAD

CITY, STATE, ZIP Fayetteville, NC Fayetteville, NC

COUNTY Cumberland Cumberland

ACREAGE 37.25 acres 2.50 acres

SALES PRICE $6,490,440 $625,000

POTENTIAL USESRetailCommercialMultifamily

RetailCommercial

UTILITIES Water, sewer, power, gas Water, sewer, power, gas

PIN 0418-75-21910418-75-1881 0418-65-0476

ZONED 11 acres zoned MR-526.25 acres zoned CC CC

DOWNTOWNFAYETTEVILLE

SITE

N

FORTBRAGG


parcel map

ArcGIS Web Map

CCGIS \ ESRI CharlotteCCGIS

Parcels

Buildings

HydroPolygons

HydroPolygons

Cumberland2017.sid

Red: Band_1

Green: Band_2

Blue: Band_3

6/19/2019, 9:24:19 AM0 0.1 0.20.05 mi

0 0.2 0.40.1 km

1:6,000

CCGIS \ ESRI Charlotte | CCGIS | CC Planning & City of Fay Planning | CCGIS - TAX MAPPING | CCGIS\CCPlanning | CCGIS

BRAGG BLVD. (28,000 AADT)

26.25 ACRESZONED CC

11 ACRESZONED MR-52.5 ACRES

POND DRAINED

PAMALEE DR. (30,000 AADT)

PROPOSED TRAFFIC LIGHT

BLANTO

N RD. C

ONNECTI

ON

(PROPOSE

D)

BLANTON RD.

property description


The two properties are located along Bragg Boulevard between Fort Bragg and the downtown Fayetteville redeveloped mixed-use complex. Perfectly positioned for retail, service, and office development at the proposed signalized intersection of Bragg Boulevard and Blanton Road in the heart of Fayetteville, NC. The properties are located a few miles from the I-295 loop, providing easy access throughout the city and to I-95. Great visibility with 25,000 AADT on Bragg Boulevard. The proposed Blanton Road will connect Pamalee Drive (30,000 AADT) with Bragg Boulevard. 27,000+ homes within a three-mile radius. The property owner has provided stub-outs from Pamalee Drive and Bragg Boulevard and the City of Fayetteville has agreed to connect the roads on the property and improve the intersection with signal light.

Property is located within the Terry Sanford High School and Morganton Road Elementary school districts. Terry Sanford High School has been recognized as one of the top 25 high schools in North Carolina as published in the 2014 U.S. News and World Reports’ annual list of America’s Best High Schools for the second year in a row. Morganton Road Elementary was awarded the 2017-2018 NC Academic Growth Award.

ZONING

11 acres of the 37.25 acres is zoned Mixed Residential 5 (MR-5) District and the remaining 26.25 acres is zoned Community Commercial (CC) District.

Mixed Residential 5 (MR-5) District- has a wide variety of residential housing types at moderate to high densities, including single family detached or attached dwellings, two to four family dwellings, multifamily dwellings, and zero lot development subject to additional requirements. Lot area- 4,000 SF single family/ 55’ lot width, 1,000 SF per unit multifamily. 18 units per acre zero lot line.

Community Commercial (CC) District- Intended to accommodate a diverse range of medium-to-high-intensity retail, service, and office uses- e.g., shopping centers, convenience stores, retail sales establishment and heavier commercial use.

Public utilities are at the site and some engineering work has been performed.

conceptual plan


3701 LIMITED PARTNERSHIP, INC.

PRELIMINARY

*PRELIMINARY* - FOR REVIEW ONLY.

about fayetteville, north carolina


Officials throughout the city and county, from government, higher education, workforce development, health care, tourism and the military, have joined in a team effort to rebrand Fayetteville. A committee has been formed to develop a unified platform to promote the next chapters of Fayetteville, whose average citizen age of 29.9 is the youngest of any metro in the Carolinas.

In April 2019, Governing magazine, which covers politics and policy management, named Fayetteville “The Most Innovative City in the Country” and cited the city’s long term planning. Fayetteville has received the All-American City Award from the National Civic League three times. It is the sixth largest city in North Carolina. The unemployment rate is 5.2%. It is ranked Top 5 Defense Industry Development area as 8 of the top 10 defense contractors are located there.

FORT BRAGGThe properties are located two miles east of Fort Bragg. Fort Bragg is the largest US Army Base by population, serving a population of 52,280 active duty soldiers, 12,624 reserve components and temporary duty students, 8,757 civilian employees, 3,516 contractors, and 62,962 active duty family members. There are 98,507 Army retirees and family members in the area. Fort Bragg adds an additional $4.5 billion a year into the economy.

DOWNTOWN FAYETTEVILLEDowntown Fayetteville is being shaped into a vibrant town center.

Properties are located 3.5 miles east of the downtown redevelopment mixed-use complex which consists of a new 4,800-seat minor league baseball stadium, renovating the landmark Price Charles Hotel into residential apartments, adding another major-chain hotel, and 81,000 SF of office space.

CEDAR CREEK BUSINESS CENTERState certified, shovel-ready, 474-acre industrial park that’s fully served by state of the art infrastructure. Within State Development Zone, enhanced incentives offered by the state and local incentives of 50% reimbursement of property taxes for 10 years has generated interest with 74 requests for information from potential businesses interested in locating or expanding. In 2018, Campbell Soup and DHL Supply became park’s first tenant and is investing $40 million on a 627,000 SF distribution center.

demographics


POPULATION 3-MILE RADIUS

5-MILE RADIUS

10-MILE RADIUS

2019 Population 55,456 146,263 302,152

HOUSEHOLDS

2019 Households 26,267 65,182 124,409

2024 Projected Households 27,656 67,979 129,252

Owner-Occupied Housing Units 12,223 29,522 65,932

Renter-Occupied Housing Units 14,044 35,660 58,478

INCOME

2019 Average Household Income $62,294 $58,010 $61,889

2024 Projected Household Income $70,780 $66,346 $70,887

vicinity map


FORT BRAGG• Largest US Army Base by population• 52,280 active duty soldiers, • 12,624 reserve components and temporary

duty students• 8,757 civilian employees• 3,516 contractors• 62,962 active duty family members

FAYETTEVILLE TECH COMMUNITY COLLEGE• 4th largest community college in NC• Serves more than 41,000 students annually• Provides over 190 occupational, technical, general

education, college transfer, and continuing education programs

FAYETTEVILLE STATE UNIVERSITY• Public university• Historically black college • Strong history of commitment to the

education of African Americans• Enrollment of 3,905 undergraduate students

DOWNTOWN FAYETTEVILLE• Currently being redeveloped with mixed-use

complex which consists of a new 4,800-seat minor league baseball stadium

• Renovating the landmark Price Charles Hotel into residential apartments

• Adding another major-chain hotel• 81,000 SF of office space

METHODIST UNIVERSITY• Liberal arts college established in 1956• 2,400 students• $24 million of institutional scholarships

and grants given last year

RETAIL CORRIDOR• Bragg Blvd is a major thoroughfare into one the

busiest retail corridors in southeastern NC• $108 million a year spent on retail clothing apparel• $159 million a year spent on entertainment• $448 million a year spent on food

nearby retail


Cross Creek Mall

Documents

3910 BRAGG BOULEVARD · 3910 BRAGG BOULEVARD. fayetteville, north carolina. MIKE KEEN. Vice President 919.795.1944. [email protected]. SHELLEY BHATIA. Real Estate Advisor