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PATTERSON PLACE II Durham, North Carolina A Promise of Value www.lincolnharris.com Kaler Walker 919.645.6983 [email protected] B2 Approved for 2-story 18,930 SF Building, Lease or Build-to-Suit G4 4-story 60,500 SF Medical Office G5 14,504 SF of Retail/Office Building G4 B2 G5 S W D u r h a m D r . Hwy 15/501 46,000 VPD Mt. Moriah Rd. 6,000 VPD 700,000 square foot mixed-use project. High traffic intersection of US 15/501 & SW Durham Dr. Co-Tenants include: Moe’s SW Grill, Five Guys Burgers, Apple- bee’s & Springhill Suites by Marriott. Walk to Outback Steakhouse, Panera Bread, Kanki Steakhouse, Kohl’s, Total Wine, Home Depot and Kroger. Adjacent to a planned mixed-use development that includes: 25,000 SF of retail space, 125,000 SF of office space, 400-500 multi-family units, and a 125-150 room hotel. Conveniently located near Interstate 40, and Duke University and UNC Campuses Planned Mixed-Use Development Redevelopment Retail SF: 35,000 Office SF: 125,000 Mulfamily: 400-500 Units Hotel: 125-150 Rooms 6,000 VPD

PATTERSON PLACE II - LoopNetimages3.loopnet.com/d2/AcKyXeYw8...• 700,000 square foot mixed-use project. • High traffic intersection of US 15/501 & SW Durham Dr. • Co-Tenants

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Page 1: PATTERSON PLACE II - LoopNetimages3.loopnet.com/d2/AcKyXeYw8...• 700,000 square foot mixed-use project. • High traffic intersection of US 15/501 & SW Durham Dr. • Co-Tenants

PATTERSON PLACE IIDurham, North Carolina

A Promise of Valuewww.lincolnharris.com

Kaler [email protected]

B2 Approved for 2-story 18,930 SF Building, Lease or Build-to-Suit

G4 4-story 60,500 SF Medical Office

G5 14,504 SF of Retail/Office Building

G4

B2

G5

SW Durham Dr.

Hwy 15/501 46,000 VPD

Mt.

Mor

iah

Rd.

6,00

0 V

PD

• 700,000 square foot mixed-use project. • High traffic intersection of US 15/501 & SW Durham Dr.• Co-Tenants include: Moe’s SW Grill, Five Guys Burgers, Apple-

bee’s & Springhill Suites by Marriott. • Walk to Outback Steakhouse, Panera Bread, Kanki Steakhouse,

Kohl’s, Total Wine, Home Depot and Kroger. • Adjacent to a planned mixed-use development that includes:

25,000 SF of retail space, 125,000 SF of office space, 400-500 multi-family units, and a 125-150 room hotel.

• Conveniently located near Interstate 40, and Duke University and UNC Campuses

PlannedMixed-Use

Development

Redevelopment

Retail SF: 35,000Office SF: 125,000Multifamily: 400-500 UnitsHotel: 125-150 Rooms

6,00

0 V

PD

Page 2: PATTERSON PLACE II - LoopNetimages3.loopnet.com/d2/AcKyXeYw8...• 700,000 square foot mixed-use project. • High traffic intersection of US 15/501 & SW Durham Dr. • Co-Tenants

PATTERSON PLACE IIDurham, North Carolina

A Promise of Valuewww.lincolnharris.com

Kaler [email protected]

TENANT TENANT

60,500 SF Building - 100% Leased.

Patterson Place II - G4

Patterson Place II - G5

Proposed 2-story 18,930 SF building approved for lease or build-to-suit. On-site parking suitable for office, retail, or medical office. Located on .52 acres, Zoned MU (D).

Patterson Place II - B2

Approximately 14,504 SF in two buildings but only 6,395 SF of Retail Space Available. Vacant spaces are cold dark shell condition.

*Potential floor Plan

TENANT TENANT

LEASED

LEASED

LEASED

LEASED

TENANT

18,930 SF

LEASED LEASED

Suite 1501,402 SF

Suite 1601,294 SF

Suite 1303,699 SF

DUCK DONUTS TENANTTENANT

Page 3: PATTERSON PLACE II - LoopNetimages3.loopnet.com/d2/AcKyXeYw8...• 700,000 square foot mixed-use project. • High traffic intersection of US 15/501 & SW Durham Dr. • Co-Tenants

PATTERSON PLACE IIDurham, North Carolina

A Promise of Valuewww.lincolnharris.com

Kaler [email protected]

DUKE UNIVERSITY

DOWNTOWNDURHAM

46,000 VPD

SOUTH SQUARE

PATTERSON PLACE PHASE II

Indigo Corners

New Hope Commons

88,000 VPDCHAPEL HILL6,000 V

PD

B2

G4

G5

Proposed 2-Story 18,930 SF Bldg. B2

G4 Existing 60,500 SF Medical Office Bldg. G5 14,504 SF of Retail Space

Planned Mixed-Use

Development

DEMOGRAPHICS (2017)

1mi 3 mi 5 mi 7 miEst. Pop (2017) 5,349 49,812 146,564 269,691

Projected Pop (2022) 5,815 53,578 157,047 291,015

Avg. HHI (2017) $70,255 $102,504 $93,934 $88,413

Projected Avg. HHI(2022) $87,430 $129,412 $117,790 $110,502

TRAFFIC COUNTS (2017)

46,000 VPD on Hwy 15-501 / Durham Chapel Hill Blvd

6,000 VPD on Mt. Moriah Road

88,000 VPD on I-40