ROWAN SUMMIT SHOPPING CENTER - Providence GroupSUPER DOWNTOWN SALISBURY Innes Street Market CINEMARK THEATER Westland S/C D Wallace Commons 85 150 52 EXIT 76 EXIT 75 EXIT 74 D D D

JULIAN RD. & I-85 | SALISBURY, NORTH CAROLINA

ROWAN SUMMIT SHOPPING CENTER

PRESENTED BY:

300 West Summit Ave. | Suite 250 | Charlotte, North Carolina 28203WWW.PROVIDENCEGROUP.COM



WES THURMOND [email protected]

phone: 704.644.4595

fax: 704.973.0737

PRESENTED BY:




TABLE OF CONTENTS

PROJECT DESCRIPTION

LOCATION MAP

CLOSE AERIAL

MARKET AERIAL

SITE PLAN

FULL DEMOGRAPHIC REPORT

1.96 Acres

1.60 Acres

2.65 Acres



ROWAN SUMMIT SHOPPING CENTERPROJECT DESCRIPTION

PROPERTY HIGHLIGHTS

This regional shopping center is well located at the fast growing interchange of I-85 and Julian Road in Salisbury, NC. The 43 acre

project provides excellent regional access and tremendous visibility to I-85 which carries 90,000 vehicles per day. This strategic location

within the market provides regional access to consumers which extends well beyond the city limits.

AVAILABLE SPACES: 1,400 - 4,575 SF

OUTPARCEL SIZE: 1.19 - 2.55

BASE RENT: PLEASE CALL

FIXED CAM: $2.00 / SF

RET: $1.50 / SF

INSURANCE: $0.25 / SF

LEASING INFORMATION




PROJECT DESCRIPTION (CONT.)

10 MIN 20 MIN 30 MIN

POPULATION 67,054 232,164 570,125

AVERAGE HH INCOME $59,981 $62,765 $71,335

MEDIAN HH INCOME $46,663 $49,292 $59,249

BUSINESS ESTABLISHMENTS 3,295 9,439 20,444

DAYTIME EMPLOYMENT 38,526 100,079 223,143

DEMOGRAPHICS (DRIVE TIMES 2018)TRAFFIC COUNTS

2017 (NCDOT)

• 90,000 VPD on I-85

• 8,300 VPD on Julian Rd.

Wallace Commons

Julian Rd.

ROWAN CABARRUSCOMMUNITY COLLEGE

THE GRAND ON JULIANAPARTMENTS

Julian Rd.

Salis

bury

Rd.

Rowan Summit

SITE



ROWAN SUMMIT SHOPPING CENTERLOCATION MAP

Spencer

Rockwell

Salisbury

China Grove

East Spencer

Granite Quarry

Mooresville Rd

Statesville B lvd

S Main St

N S

alis

bury

Ave

W Main St

E Innes St

S Salisbury Ave

W Innes St

Statesville Blvd Statesville Blvd

E Innes St

FaithR

d

Bringle Ferry Rd

Sherrills Ford Rd

Dunn

sM

ount

ain

Rd

Stokes Ferry Rd

JakeA

lexander BlvdW N Long St

S

Mai

nSt

Heilig RdPeeler Rd

Julian Rd

S Long St

Long Ferry Rd

S Salisbury Ave

Lincolnton RdJa

keAlex

ande

r Blvd N

Correll St

Old

Con

cord

Rd

W Peeler St

Jake Alexander Blvd S

Mahaley Ave

China Grove H wy

Lake

Dr

N M

ain StW

13th St

S M

ain

St

N Main

St

N Main

St

Faith Rd

N Long

St

SITE



ROWAN SUMMIT SHOPPING CENTERCLOSE AERIAL

90,0

00 V

PD

8,300 VPD

PROJECT INFORMATIO

N

SP-16B

& INTERSTATE 85

(SWQ) J

ULIAN R

OAD

(Salis

bury) N

C

ROWAN COUNTY

CHATTANOOGA, TN 37408

ARTECH DESIGN GROUP, INC.

1410 COWART STREET

423.265.4313

SITE PLAN

( PHASE I )

(SHOPPING CENTER /LOT 2 )

( LOT 4 )

Phase II

Rowan Summit

SITE

2.65 Acres

1.60 Acres

1.96 Acres




Mooresville Rd.

Innes St.

Faith R

d.

Jake Alexander Blvd.

Julian

Rd

.

Mooresville Rd.

Lincolnton Rd.

Brenner

Ave

.

Innes St.

SUPER

DOWNTOWN SALISBURY

Innes Street Market

CINEMARK THEATER

Westland S/C

25,000 VPD

Wallace Commons

85

150

52

EXIT76

EXIT75

EXIT74

66,000 V

PD

66,000 VPD

15,000 VPD

32,000 VP

D36 ,000 V

PD

SALI

SBU

RY

NO

RTH

CA

ROLI

NA

Rowan Summit

SITE

MARKET AERIAL



ROWAN SUMMIT SHOPPING CENTERSITE PLAN

PROJECT INFORMATION

SP-16B

& INTERSTATE 85(SWQ) JULIAN ROAD

(Salisbury) NCROWAN COUNTY

CHATTANOOGA, TN 37408

ARTECH DESIGN GROUP, INC.1410 COWART STREET

423.265.4313

SITE PLAN

( PHASE I )

(SHOPPING CENTER /LOT 2 )

( LOT 4 )

Demographic Source: Applied Geographic Solutions 05/2018, TIGER Geography page 1 of 5©2019, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2018 Estimates with 2023 Projections

Calculated using Weighted Block Centroid from Block Groups

Lat/Lon: 35.6377/-80.4983RF5

35.631940 -80.48873810.00 (mins) 20.00 (mins) 30.00 (mins)

Population

Estimated Population (2018) 67,054 232,164 570,125

Projected Population (2023) 69,708 247,069 610,895

Census Population (2010) 65,873 224,155 524,677

Census Population (2000) 62,512 209,294 428,914

Projected Annual Growth (2018 to 2023) 2,653 0.8% 14,904 1.3% 40,769 1.4%

Historical Annual Growth (2010 to 2018) 1,182 0.2% 8,009 0.4% 45,448 1.1%

Historical Annual Growth (2000 to 2010) 3,360 0.5% 14,861 0.7% 95,763 2.2%

Estimated Population Density (2018) 635 psm 426 psm 384 psm

Trade Area Size 105.56 sq mi 544.37 sq mi 1,484.95 sq mi

Households

Estimated Households (2018) 26,583 91,985 220,890

Projected Households (2023) 27,600 96,699 232,994

Census Households (2010) 25,117 86,662 200,435

Census Households (2000) 23,976 81,608 164,829

Estimated Households with Children (2018) 8,092 30.4% 29,210 31.8% 73,643 33.3%

Estimated Average Household Size (2018) 2.37 2.46 2.54

Average Household Income

Estimated Average Household Income (2018) $59,981 $62,765 $71,335

Projected Average Household Income (2023) $69,467 $72,009 $81,522

Estimated Average Family Income (2018) $72,653 $75,683 $85,129

Median Household Income

Estimated Median Household Income (2018) $46,663 $49,292 $59,249

Projected Median Household Income (2023) $52,856 $55,999 $67,727

Estimated Median Family Income (2018) $57,528 $60,606 $72,128

Per Capita Income

Estimated Per Capita Income (2018) $24,254 $25,085 $27,770

Projected Per Capita Income (2023) $27,961 $28,387 $31,215

Estimated Per Capita Income 5 Year Growth $3,707 15.3% $3,303 13.2% $3,445 12.4%

Estimated Average Household Net Worth (2018) $327,107 $338,602 $437,880

Daytime Demos (2018)

Total Businesses 3,295 9,439 20,444

Total Employees 38,526 100,079 223,143

Company Headquarter Businesses 15 0.4% 34 0.4% 81 0.4%

Company Headquarter Employees 3,254 8.4% 7,990 8.0% 15,986 7.2%

Employee Population per Business 11.7 10.6 10.9

Residential Population per Business 20.3 24.6 27.9


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Lat/Lon: 35.6377/-80.4983RF5

35.631940 -80.48873810.00 (mins) 20.00 (mins) 30.00 (mins)

Race & EthnicityWhite (2018) 42,833 63.9% 164,450 70.8% 418,761 73.5%

Black or African American (2018) 17,865 26.6% 44,036 19.0% 92,616 16.2%

American Indian or Alaska Native (2018) 228 0.3% 904 0.4% 2,255 0.4%

Asian (2018) 1,079 1.6% 3,868 1.7% 18,360 3.2%

Hawaiian or Pacific Islander (2018) 25 - 80 - 175 -

Other Race (2018) 3,696 5.5% 13,979 6.0% 25,698 4.5%

Two or More Races (2018) 1,330 2.0% 4,849 2.1% 12,259 2.2%

Not Hispanic or Latino Population (2018) 60,507 90.2% 208,255 89.7% 520,676 91.3%

Hispanic or Latino Population (2018) 6,547 9.8% 23,909 10.3% 49,449 8.7%







Projected Hispanic Annual Growth (2018 to 2023) 778 2.4% 3,921 3.3% 8,402 3.4%

Historic Hispanic Annual Growth (2000 to 2018) 3,366 5.9% 12,728 6.3% 31,610 9.8%

Age Distribution (2018)Age Under 5 3,854 5.7% 13,739 5.9% 33,792 5.9%

Age 5 to 9 Years 4,063 6.1% 14,193 6.1% 36,186 6.3%

Age 10 to 14 Years 4,170 6.2% 15,079 6.5% 38,996 6.8%

Age 15 to 19 Years 4,423 6.6% 15,189 6.5% 38,076 6.7%

Age 20 to 24 Years 4,942 7.4% 15,840 6.8% 39,010 6.8%

Age 25 to 29 Years 4,635 6.9% 15,341 6.6% 37,509 6.6%

Age 30 to 34 Years 4,019 6.0% 13,515 5.8% 34,987 6.1%

Age 35 to 39 Years 3,899 5.8% 13,554 5.8% 36,393 6.4%

Age 40 to 44 Years 3,668 5.5% 13,569 5.8% 36,142 6.3%

Age 45 to 49 Years 4,190 6.2% 15,725 6.8% 40,398 7.1%

Age 50 to 54 Years 4,333 6.5% 15,788 6.8% 39,202 6.9%

Age 55 to 59 Years 4,629 6.9% 16,163 7.0% 38,455 6.7%

Age 60 to 64 Years 4,405 6.6% 14,764 6.4% 33,824 5.9%

Age 65 to 74 Years 6,509 9.7% 22,765 9.8% 51,496 9.0%

Age 75 to 84 Years 3,737 5.6% 12,121 5.2% 25,924 4.5%

Age 85 Years or Over 1,578 2.4% 4,820 2.1% 9,735 1.7%

Median Age 38.8 39.1 38.3

Gender Age Distribution (2018)Female Population 34,128 50.9% 119,141 51.3% 291,401 51.1%

Age 0 to 19 Years 7,936 23.3% 28,322 23.8% 71,493 24.5%

Age 20 to 64 Years 19,321 56.6% 67,858 57.0% 170,053 58.4%

Age 65 Years or Over 6,871 20.1% 22,961 19.3% 49,856 17.1%

Female Median Age 40.5 40.6 39.5

Male Population 32,926 49.1% 113,023 48.7% 278,724 48.9%

Age 0 to 19 Years 8,574 26.0% 29,878 26.4% 75,557 27.1%

Age 20 to 64 Years 19,399 58.9% 66,400 58.7% 165,867 59.5%

Age 65 Years or Over 4,953 15.0% 16,745 14.8% 37,299 13.4%

Male Median Age 37.1 37.5 37.0


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Lat/Lon: 35.6377/-80.4983RF5

35.631940 -80.48873810.00 (mins) 20.00 (mins) 30.00 (mins)

Household Income Distribution (2018)HH Income $200,000 or More 721 2.7% 2,286 2.5% 9,132 4.1%

HH Income $150,000 to $199,999 745 2.8% 2,885 3.1% 10,254 4.6%

HH Income $100,000 to $149,999 2,298 8.6% 9,416 10.2% 27,821 12.6%

HH Income $75,000 to $99,999 3,097 11.7% 11,201 12.2% 30,004 13.6%

HH Income $50,000 to $74,999 5,334 20.1% 18,204 19.8% 42,907 19.4%

HH Income $35,000 to $49,999 3,899 14.7% 14,218 15.5% 32,605 14.8%

HH Income $25,000 to $34,999 2,851 10.7% 10,259 11.2% 21,755 9.8%

HH Income $15,000 to $24,999 3,263 12.3% 10,807 11.7% 22,434 10.2%

HH Income Under $15,000 4,375 16.5% 12,708 13.8% 23,978 10.9%

HH Income $35,000 or More 16,094 60.5% 58,212 63.3% 152,723 69.1%

HH Income $75,000 or More 6,861 25.8% 25,789 28.0% 77,211 35.0%

Housing (2018)Total Housing Units 28,691 98,751 235,063

Housing Units Occupied 26,583 92.7% 91,985 93.1% 220,890 94.0%

Housing Units Owner-Occupied 16,363 61.6% 59,820 65.0% 152,091 68.9%

Housing Units, Renter-Occupied 10,219 38.4% 32,165 35.0% 68,799 31.1%

Housing Units, Vacant 2,108 7.3% 6,766 6.9% 14,174 6.0%

Marital Status (2018)Never Married 18,731 34.1% 57,913 30.6% 138,509 30.0%

Currently Married 20,741 37.7% 81,352 43.0% 218,020 47.3%

Separated 5,155 9.4% 13,985 7.4% 25,239 5.5%

Widowed 4,037 7.3% 14,543 7.7% 30,993 6.7%

Divorced 6,303 11.5% 21,359 11.3% 48,389 10.5%

Household Type (2018)Population Family 51,639 77.0% 189,595 81.7% 474,116 83.2%

Population Non-Family 11,306 16.9% 36,422 15.7% 86,301 15.1%

Population Group Quarters 4,110 6.1% 6,147 2.6% 9,708 1.7%

Family Households 17,038 64.1% 61,659 67.0% 152,169 68.9%

Non-Family Households 9,545 35.9% 30,326 33.0% 68,721 31.1%

Married Couple with Children 4,331 20.9% 16,830 20.7% 47,140 21.6%

Average Family Household Size 3.0 3.1 3.1

Household Size (2018)1 Person Households 8,189 30.8% 25,550 27.8% 55,779 25.3%

2 Person Households 9,181 34.5% 31,949 34.7% 74,974 33.9%




6 or More Person Households 937 3.5% 3,373 3.7% 7,614 3.4%

Household Vehicles (2018)Households with 0 Vehicles Available 2,117 8.0% 5,728 6.2% 10,133 4.6%

Households with 1 Vehicles Available 8,886 33.4% 28,942 31.5% 64,390 29.2%

Households with 2 or More Vehicles Available 15,580 58.6% 57,316 62.3% 146,367 66.3%

Total Vehicles Available 48,826 178,636 446,041

Average Vehicles Per Household 1.8 1.9 2.0


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Lat/Lon: 35.6377/-80.4983RF5

35.631940 -80.48873810.00 (mins) 20.00 (mins) 30.00 (mins)

Labor Force (2018)Estimated Labor Population Age 16 Years or Over 54,240 186,181 453,594Estimated Civilian Employed 28,958 53.4% 106,760 57.3% 275,795 60.8%

Estimated Civilian Unemployed 1,483 2.7% 4,987 2.7% 10,999 2.4%

Estimated in Armed Forces 24 - 162 0.1% 364 0.1%

Estimated Not in Labor Force 23,775 43.8% 74,272 39.9% 166,435 36.7%

Unemployment Rate 2.7% 2.7% 2.4%

Occupation (2015)Occupation: Population Age 16 Years or Over 28,958 106,760 275,795Management, Business, Financial Operations 2,939 10.1% 11,753 11.0% 39,875 14.5%

Professional, Related 5,122 17.7% 18,694 17.5% 54,000 19.6%

Service 5,687 19.6% 19,742 18.5% 46,176 16.7%

Sales, Office 5,422 18.7% 22,399 21.0% 62,577 22.7%

Farming, Fishing, Forestry 77 0.3% 208 0.2% 658 0.2%

Construct, Extraction, Maintenance 2,978 10.3% 11,797 11.1% 25,177 9.1%

Production, Transport Material Moving 6,733 23.2% 22,167 20.8% 47,333 17.2%

White Collar Workers 13,483 46.6% 52,845 49.5% 156,451 56.7%

Blue Collar Workers 15,475 53.4% 53,915 50.5% 119,344 43.3%

Consumer Expenditure (2018)Total Household Expenditure $1.31 B $4.67 B $12.2 B

Total Non-Retail Expenditure $676 M 51.6% $2.41 B 51.6% $6.33 B 51.8%

Total Retail Expenditure $633 M 48.4% $2.26 B 48.4% $5.90 B 48.2%

Apparel $45.4 M 3.5% $162 M 3.5% $426 M 3.5%

Contributions $52.9 M 4.0% $189 M 4.0% $521 M 4.3%

Education $44.5 M 3.4% $158 M 3.4% $437 M 3.6%

Entertainment $72.4 M 5.5% $260 M 5.6% $684 M 5.6%

Food and Beverages $196 M 15.0% $697 M 14.9% $1.80 B 14.7%

Furnishings and Equipment $43.6 M 3.3% $157 M 3.4% $418 M 3.4%

Gifts $30.6 M 2.3% $110 M 2.3% $297 M 2.4%

Health Care $109 M 8.3% $387 M 8.3% $987 M 8.1%

Household Operations $35.2 M 2.7% $127 M 2.7% $344 M 2.8%

Miscellaneous Expenses $19.7 M 1.5% $70.0 M 1.5% $181 M 1.5%

Personal Care $17.0 M 1.3% $60.7 M 1.3% $159 M 1.3%

Personal Insurance $9.14 M 0.7% $32.8 M 0.7% $89.4 M 0.7%

Reading $2.89 M 0.2% $10.3 M 0.2% $27.0 M 0.2%

Shelter $270 M 20.6% $962 M 20.6% $2.52 B 20.6%

Tobacco $8.79 M 0.7% $31.0 M 0.7% $76.7 M 0.6%

Transportation $250 M 19.1% $897 M 19.2% $2.33 B 19.1%

Utilities $102 M 7.8% $362 M 7.7% $925 M 7.6%

Educational Attainment (2018)Adult Population Age 25 Years or Over 45,603 158,124 384,064Elementary (Grade Level 0 to 8) 2,412 5.3% 9,609 6.1% 18,247 4.8%

Some High School (Grade Level 9 to 11) 4,735 10.4% 16,399 10.4% 33,658 8.8%

High School Graduate 14,192 31.1% 48,979 31.0% 109,219 28.4%

Some College 10,189 22.3% 36,081 22.8% 86,326 22.5%

Associate Degree Only 4,846 10.6% 16,357 10.3% 39,720 10.3%

Bachelor Degree Only 6,470 14.2% 21,314 13.5% 66,700 17.4%

Graduate Degree 2,759 6.0% 9,386 5.9% 30,194 7.9%


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Lat/Lon: 35.6377/-80.4983RF5

35.631940 -80.48873810.00 (mins) 20.00 (mins) 30.00 (mins)

Units In Structure (2015)1 Detached Unit 18,415 73.3% 67,147 77.5% 161,759 80.7%

1 Attached Unit 685 2.7% 2,304 2.7% 6,757 3.4%

2 to 4 Units 1,693 6.7% 4,608 5.3% 8,656 4.3%

5 to 9 Units 1,289 5.1% 3,208 3.7% 6,475 3.2%

10 to 19 Units 1,512 6.0% 3,194 3.7% 8,654 4.3%

20 to 49 Units 180 0.7% 705 0.8% 3,960 2.0%

50 or More Units 503 2.0% 1,009 1.2% 2,140 1.1%

Mobile Home or Trailer 2,307 9.2% 9,810 11.3% 22,486 11.2%

Other Structure - - - - 4 -

Homes Built By Year (2015)Homes Built 2010 or later 341 1.4% 1,186 1.4% 4,457 2.2%

Homes Built 2000 to 2009 4,583 18.2% 15,764 18.2% 50,193 25.0%

Homes Built 1990 to 1999 3,459 13.8% 15,439 17.8% 45,585 22.7%

Homes Built 1980 to 1989 3,665 14.6% 11,208 12.9% 26,577 13.3%

Homes Built 1970 to 1979 3,854 15.3% 12,833 14.8% 27,061 13.5%

Homes Built 1960 to 1969 2,785 11.1% 9,379 10.8% 18,144 9.1%

Homes Built 1950 to 1959 2,828 11.3% 9,109 10.5% 16,353 8.2%

Homes Built Before 1949 4,729 18.8% 15,159 17.5% 24,833 12.4%

Home Values (2015)Home Values $1,000,000 or More 73 0.5% 238 0.4% 522 0.4%

Home Values $500,000 to $999,999 350 2.2% 1,258 2.2% 5,077 3.6%

Home Values $400,000 to $499,999 265 1.7% 1,121 2.0% 4,936 3.5%

Home Values $300,000 to $399,999 948 6.1% 3,921 6.9% 13,218 9.5%

Home Values $200,000 to $299,999 2,321 14.9% 9,036 15.9% 31,012 22.3%

Home Values $150,000 to $199,999 2,774 17.8% 10,252 18.1% 26,998 19.4%

Home Values $100,000 to $149,999 4,405 28.3% 14,991 26.5% 33,293 23.9%

Home Values $70,000 to $99,999 2,811 18.1% 10,026 17.7% 18,823 13.5%

Home Values $50,000 to $69,999 1,214 7.8% 4,181 7.4% 7,666 5.5%

Home Values $25,000 to $49,999 614 3.9% 2,358 4.2% 4,847 3.5%

Home Values Under $25,000 555 3.6% 2,079 3.7% 5,100 3.7%

Owner-Occupied Median Home Value $139,414 $140,878 $165,992

Renter-Occupied Median Rent $563 $587 $665

Transportation To Work (2015)Drive to Work Alone 24,328 80.5% 90,146 82.9% 229,204 83.1%

Drive to Work in Carpool 3,531 11.7% 11,620 10.7% 26,793 9.7%

Travel to Work by Public Transportation 178 0.6% 677 0.6% 1,719 0.6%

Drive to Work on Motorcycle 145 0.5% 293 0.3% 464 0.2%

Walk or Bicycle to Work 711 2.4% 1,569 1.4% 3,650 1.3%

Other Means 250 0.8% 897 0.8% 2,412 0.9%

Work at Home 1,075 3.6% 3,492 3.2% 11,701 4.2%

Travel Time (2015)Travel to Work in 14 Minutes or Less 10,478 36.0% 30,862 29.3% 67,379 25.5%

Travel to Work in 15 to 29 Minutes 9,861 33.8% 38,018 36.1% 98,168 37.2%

Travel to Work in 30 to 59 Minutes 5,862 20.1% 27,946 26.6% 82,522 31.2%

Travel to Work in 60 Minutes or More 1,717 5.9% 6,503 6.2% 16,017 6.1%

Average Minutes Travel to Work 17.6 20.4 22.3

Documents

ROWAN SUMMIT SHOPPING CENTER - Providence GroupSUPER DOWNTOWN SALISBURY Innes Street Market CINEMARK THEATER Westland S/C D Wallace Commons 85 150 52 EXIT 76 EXIT 75 EXIT 74 D D D