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1 1 540 540 SITE TRIANGLE TOWN CENTER & COMMONS PLANTATION POINT SHOPPING CENTER EXIT 16 EXIT 17 EXIT 15 FUTURE RETAIL DEVELOPMENT FUTURE MULTIFAMILY DEVELOPMENT 4060 SUMNER BOULEVARD RALEIGH, NC COMMERCIAL LAND FOR SALE ±1.19 ACRES

4060 SUMNER BOULEVARD · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner

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Page 1: 4060 SUMNER BOULEVARD · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner

1

1

540

540

SITE

TRIANGLE TOWN CENTER &

COMMONS

PLANTATION POINT SHOPPING CENTER

EXIT 16

EXIT 17

EXIT 15

FUTURE RETAIL DEVELOPMENT

FUTURE MULTIFAMILY

DEVELOPMENT

4060 SUMNER BOULEVARDRALEIGH, NC

COMMERCIAL LAND FOR SALE

±1.19 ACRES

Page 2: 4060 SUMNER BOULEVARD · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner

540

540

495

495

540

540

440

440

540

40

40

40

40

40

85 85

86

86

54

55

55

98 98

98

98

96

96

96

50

54751

751147

751

70

1

70

70

70

64 264

64

64

264 264

401

401

401

401

401

401

70

70

501

15

1

64

64

1

1

1

75 55

50

50

ORANGECOUNTY

CHATHAMCOUNTY

WAKECOUNTY

WAKECOUNTY

JOHNSTONCOUNTY

NASHCOUNTY

FRANKLINCOUNTY

GRANVILLECOUNTY

DURHAMCOUNTY

FallsLake

JordanLake

RDUAirport

Carrboro

Pittsboro

Holly Springs

Apex

Morrisville

Garner

Clayton

Knightdale

Wendell

Zebulon

Rolesville

WakeForest

Bunn

Youngsville

FranklintonCreedmoor

Hillsborough

CHAPELHILL

Cary

RALEIGH

DURHAM

ResearchTriangle Park

Foundry Commercial is pleased to present approximately 1.19 acres of land located along Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner Place feature numerous ame-nities as well as a diverse collection of national, regional, and local retail tenants such as Belk, Saks Fifth Avenue, Dick’s Sporting Goods, Old Navy, World Market, Pier One, H&M, and Target. The Property is conveniently located in one of the fastest growing submarkets in the Triangle and allows a developer to take advantage of increased infra-structure, population growth and rising incomes. The site is located within the (CX-4-CU) Commercial Mixed Use zoning district within the City of Raleigh, which allows for a variety of retail, multifamily and commercial uses with a height restriction up to four stories.

PROPERTY FEATURES

LAND SIZE 1.19 Acres

PIN # 1726798276

TIMING Immediately

ZONING Commercial Mixed Use (CX-4-CU)

UTILITIES Municipal water and sewer

LIST PRICE $933,055 ($18.00 PSF)

SITE

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

2016 ESTIMATED POPULATION 6,837 81,385 186,317

2021 PROJECTED POPULATION 7,686 91,188 209,083

EST. HOUSEHOLD INCOME $67,250 $71,107 $83,694

EST. HOUSEHOLDS 2,708 31,600 75,142

DAYTIME POPULATION 9,256 40,127 105,835

TRAFFIC COUNTS

I-540 61,000 VPD

CAPITAL BOULEVARD/ROUTE 1 50,000 VPD

TRIANGLE TOWN BOULEVARD 12,000 VPD

MATT GILLIAMAssociate(919) 987 [email protected]

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

4060 SUMNER BOULEVARDCOMMERCIAL LAND FOR SALE

Page 3: 4060 SUMNER BOULEVARD · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner

PLAT

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

4060 SUMNER BOULEVARDCOMMERCIAL LAND FOR SALE

MATT GILLIAMAssociate(919) 987 [email protected]

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

Page 4: 4060 SUMNER BOULEVARD · Sumner Boulevard adjacent Triangle Town Center and Poyner Place shopping centers and in close proximity to I-540, and U.S. 401. Triangle Town Center and Poyner

LOCATION

OLD WAKE F

OREST ROAD

EAST MILLBROOK ROA

D

540

CA

PIT

AL

BO

ULE

VA

RD

1

TRIANGLE TOWNCENTER & COMMONS

PLANTATION POINT SHOPPING CENTER

SPRING FOREST ROAD

401

SITE

26,000 VPD

61,000 VPD

18,000 VPD

12,0

00 V

PD

50,0

00 V

PD

10,000 VPD

SUMN

ER BOULEVARD TR

IAN

GLE

TO

WN

BO

ULEV

ARD

FUTURE RETAIL DEVELOPMENT

FUTURE MULTIFAMILY

DEVELOPMENT

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

4060 SUMNER BOULEVARDCOMMERCIAL LAND FOR SALE

MATT GILLIAMAssociate(919) 987 [email protected]

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]