Downtown Raleigh Historic Delaney Building€¦ · Downtown Raleigh Historic Delaney Building blueskyservices.com Principal, Broker-in-Charge (919) 412-9038 nikitablueskyservices.com

133 E Hargett Street, Raleigh, NC 27601

Downtown Raleigh Historic Delaney Building

blueskyservices.com

Principal, Broker-in-Charge(919) [email protected]

Nikita Zhitov

919.747.4901

119 SW Maynard Rd, Suite 200Cary, NC 27511

Property Address



blueskyservices.com


Nikita Zhitov

919.747.4901


Blue Sky Services is pleased to present the Historic Delany Building on East Hargett Street in Downtown Raleigh for Sale or Lease. The Raleigh Historic Development Commission lists this circa 1926 Office Building on their Historic Register. It is said the Delany Building (also known as the “Butterfly Building) is the only remaining commercial structure built in the 1920s on East Hargett Street. This Building is in an unbeatable location in the middle of Downtown Raleigh across from Moore Square and within walking distance of thousands of residents and approximately 45,300 daytime employees within a one mile radius.

This one-of-a kind Street Retail Building is suitable for Restaurant, Bar or any other Retail venture.

• 3,192 Square Foot, 2-Story Building w/Basement• Unbeatable Location across from Moore Square• 45,300 Daytime Employees within 1 Mile Radius

Key Offering Highlights

Executive Summary

• Excellent, Downtown Street Retail Location• Surrounded by City Revitalization• FOR SALE: $1,695,000• FOR LEASE: $7,000 per month, NNN



blueskyservices.com


Nikita Zhitov

919.747.4901


• #1 Among Mid-Sized American Cities of the Future

- The Financial Times, April 2015

• Among Five American Cities You Should Visit in 2015

- The Huffington Post, February 2015

• Among World’s 300 Largest Metropolitan Economies

in 2014 - Brookings Institution, January 2015

• #3 Among Best Metro Areas for STEM (Science, Technology,

Engineering & Math) Professionals - WalletHub, January 2015

• #7 Among America’s Smartest Cities (Raleigh)

- Forbes, November 2014

• #1 Among The U.S. Cities Attracting The Most Families

(Raleigh MSA) - Forbes, September 2014

• #1 Among The Best Places for Business and Careers

- Forbes, July 2014

• #3 Among 10 Fastest Growing Cities

- CNNMoney, March 2014

• #2 Among America’s 20 Fastest-Growing Cities

- Forbes, February 2014

RALEIGH and WAKE COUNTY ACCOLADES

POPULATION (2017)

Raleigh 464,758 est

Wake County 1,072,000 est

133 E Hargett St

1 mile 3 miles 5 miles

Population 18,523 103,436 220,528

Employees 15,017 82,176 173,782

Average Age 37.00 34.80 35.20

% Employed 49.96% 56.24% 61.38%

HOUSEHOLDS

1 mile 3 miles 5 miles

Total Households 8.075 38,350 84,277

Median HH Value $316,334 $273,825 $228,340

133-137 E Hargett St, Raleigh, NC 27601

Population 1 Mile 5 Mile3 Mile2018 Total Population: 18,523 220,528103,436

2023 Population: 20,664 243,102113,733Pop Growth 2018-2023: 11.56% 10.24%9.95%

Average Age: 37.00 35.2034.80Households2018 Total Households: 8,075 84,27738,350HH Growth 2018-2023: 12.58% 10.61%10.90%Median Household Inc: $39,290 $53,539$49,304

Avg Household Size: 1.90 2.402.202018 Avg HH Vehicles: 1.00 2.001.00

HousingMedian Home Value: $316,334 $228,340$273,825

Median Year Built: 1973 19791969

Population for 5 Mile Radius

Copyrighted report licensed to Blue Sky Services Real Estate - 646277.9/6/2018



blueskyservices.com


Nikita Zhitov

919.747.4901


DEMOGRAPHIC DETAIL REPORTS



blueskyservices.com


Nikita Zhitov

919.747.4901


DEMOGRAPHIC DETAIL REPORT DAYTIME EMPLOYMENT REPORT



blueskyservices.com


Nikita Zhitov

919.747.4901


Property Address

The information contained in this Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party(ies) receiving it from Blue Sky Services Real Estate LLC and should not be made available to any other person or entity without the written consent of Blue Sky Services Real Estate LLC. If you are not the intended recipient, you are hereby notified that any retention, dissemination, duplication, forwarding, copying or taking any action in reliance on the contents of this information is strictly prohibited. If you receive this Offering Memorandum in error, whether in electronic or printed form, please notify the sender and destroy the document.

This Offering has been prepared to provide a summary of unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

Blue Sky Services Real Estate LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this Offering has been obtained from sources we believe are reliable; however, Blue Sky Services Real Estate LLC has not verified, and will not verify, any of the information contained herein, nor has Blue Sky Services Real Estate LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.

All potential buyers must verify all of the information set forth herein.

Documents

Downtown Raleigh Historic Delaney Building€¦ · Downtown Raleigh Historic Delaney Building blueskyservices.com Principal, Broker-in-Charge (919) 412-9038 nikitablueskyservices.com