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PREMIUM PARCELS AT TANGLEWOOD SOUTH...PREMIUM PARCELS AT TANGLEWOOD SOUTH 3851 CONLON WAY, ELIZABETH CITY, NC 27909 LAND OVERVIEW DAVE REDMOND 757.333.4310 [email protected] DAVID

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Page 1: PREMIUM PARCELS AT TANGLEWOOD SOUTH...PREMIUM PARCELS AT TANGLEWOOD SOUTH 3851 CONLON WAY, ELIZABETH CITY, NC 27909 LAND OVERVIEW DAVE REDMOND 757.333.4310 DREDMOND@DIVARIS.COM DAVID
Page 2: PREMIUM PARCELS AT TANGLEWOOD SOUTH...PREMIUM PARCELS AT TANGLEWOOD SOUTH 3851 CONLON WAY, ELIZABETH CITY, NC 27909 LAND OVERVIEW DAVE REDMOND 757.333.4310 DREDMOND@DIVARIS.COM DAVID

PREMIUM PARCELS AT TANGLEWOOD SOUTH3 8 5 1 C O N L O N W A Y , E L I Z A B E T H C I T Y , N C 2 7 9 0 9

L A N D O V E R V I E W

DAVE [email protected]

DAVID [email protected]

DIVARIS REAL ESTATE INC / / 4525 MAIN STREET, SUITE 900, V IRGINIA BEACH, VA 23462 // DIVARIS.COM LAND OVERVIEW // 2

These seven parcels, comprising approximately 30 acres, sit directly in front of the207,000-square-foot Walmart Supercenter, in the growing Tanglewood trade area.The intersection of US Highway 17 and Halstead Bouelvard Extended is thegateway to Elizabeth City. All public utilities and road access points are in place onthe site.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Tanglewood is the emerging commercial center of Elizabeth City, whichserves as the retail hub for all of northeastern North Carolina, drawing froma six-county area with a population of 180,000.

• Additionally, Tanglewood Pavilions, a new 150,000-square-foot retail center,anchored by Hobby Lobby, Ross Dress for Less and TJ Maxx, sits adjacent toWalmart, with an additional phase of similar size planned. As such, these areamong the most valuable real estate parcels in northeastern North Carolina.

• Consumers in the Elizabeth City region routinely travel from as far as 50 milesaway for work, shopping, health care and professional services.

• Tanglewood Lakes Apartments boasts 180 luxury apartments and has anoccupancy rate of 95%. A second phase is planned for the near future. Singlefamily homes are currently being built just south of the site at the Stockbridgeat Tanglewood subdivision.

OFFERING SUMMARY

Total AcreageAvailable:

30.18 Acres

Page 3: PREMIUM PARCELS AT TANGLEWOOD SOUTH...PREMIUM PARCELS AT TANGLEWOOD SOUTH 3851 CONLON WAY, ELIZABETH CITY, NC 27909 LAND OVERVIEW DAVE REDMOND 757.333.4310 DREDMOND@DIVARIS.COM DAVID

DAVE [email protected]

DAVID [email protected]

DIVARIS REAL ESTATE INC / / 4525 MAIN STREET, SUITE 900, V IRGINIA BEACH, VA 23462 // DIVARIS.COM AERIAL // 3

PREMIUM PARCELS AT TANGLEWOOD SOUTH3 8 5 1 C O N L O N W A Y , E L I Z A B E T H C I T Y , N C 2 7 9 0 9

A E R I A L

Page 4: PREMIUM PARCELS AT TANGLEWOOD SOUTH...PREMIUM PARCELS AT TANGLEWOOD SOUTH 3851 CONLON WAY, ELIZABETH CITY, NC 27909 LAND OVERVIEW DAVE REDMOND 757.333.4310 DREDMOND@DIVARIS.COM DAVID

The information contained herein shouldbe considered confidential and remainsthe sole property of Divaris Real Estate, Inc.at all times. Although every effort has beenmade to ensure accuracy, no liability will beaccepted for any errors or omissions.Disclosure of any information containedherein is prohibited except with theexpress written permission of Divaris RealEstate, Inc.

David BickfordAssistant Vice [email protected]

Dave RedmondVice [email protected]