ASHBY VILLAGE MIKE KEEN - Vice President - Trademark Properties
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ASHBY VILL AGE s a n f o r d , n o r t h c a r o l i n a MIKE KEEN Vice President 919.795.1944 mkeen@trademarkproperties.com JONATHAN M. BASSI Vice President 919.227.5511 jbassi@trademarkproperties.com
0 S. NC-87 HWY. SANFORD, NC property information ADDRESS 0 S. NC-87 Hwy. CITY, STATE Sanford, NC COUNTY Lee ® 6.5 ACRES SIZE 37.7 acres ZONING PUD 27.9 ACRES COMMERCIAL AREAS AVAILABLE ASHBY VILLAGE 87 RESIDENTIAL AREA 250 SINGLE FAMILY 350 APARTMENTS 200 TOWNHOMES (NOT AVAILABLE) SANFORD/LEE COUNTY $25 million, 125-acre sports complex MULTI-SPORT COMPLEX will have multiple soccer fields that can be used for regional or statewide tournaments, a playground, and N baseball fields. 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 2
0 S. NC-87 HWY. SANFORD, NC ashby village SANFORD/LEE COUNTY MULTI-SPORT COMPLEX 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 3
0 S. NC-87 HWY. SANFORD, NC retail map SANFORD RETAILER MAP RECOGNIZED AS TOP 5 MICROPOLITAN AREA BY SITE SELECTION MAGAZINE ASHBY PROPOSED COMMONS SPORTS COMPLEX ADAMS VILLAGE N 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 4
0 S. NC-87 HWY. SANFORD, NC about sanford, north carolina Sanford is becoming one of the best locations in the country for future growth and new home developments because of its location in the Research Triangle Region, home to about 2.1 million people. Sanford's central location and exceptional quality of life offers the conveniences of small town feel with quick and easy access to the Triangle. Sanford's robust manufacturing base has drawn global leaders like Pfizer, Moen, Coty and Caterpillar. Retail sales in 2014 were over $650 million and median family income was a healthy $56,795. DRIVE TIMES RALEIGH 43 minutes DURHAM 49 minutes CHAPEL HILL 47 minutes RESEARCH TRIANGLE PARK 50 minutes FAYETTEVILLE 47 minutes 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 5
0 S. NC-87 HWY. SANFORD, NC job growth Some of the nation's best-known companies thrive in the Sanford area. Worldwide leaders like Moen, Wyeth, Coty, Tyson Foods, and Caterpillar. Sanford announced four major economic development projects in less than 12 months, and the city is positioned to make more major economic developments in the future. Through6, an on-demand, full cut & sew, vertical manufacturing solution specializing in innovative sublimation and DTG apparel, will open a new facility in Lee County. The company plans to locate the operation in phases, with total employment of 160 jobs and $2 million in capital investments when the Sanford facility is fully operational. Audentes Therapeutics, an Astellas company based in San Francisco, California, will open a new facility in Lee County. The life-sciences company has purchased a recently-completed shell building located in Central Carolina Enterprise Park and will create 209 jobs at an average salary of $83,900. The company will be investing $109.4M in Sanford over a five-year period. Bharat Forge will open a new facility in Lee County. The company plans to locate the operation in two phases, the first creating 304 jobs and the second creating 156 jobs. In total, the company plans to create 460 new full-time jobs, investing $170.9 million in Sanford, serving clients in the automotive sector. Pfizer, the world's largest biopharmaceutical company, announced that their Sanford campus that they would undergo a major facility expansion. The company will invest half a billion dollars to advance its state of the art gene therapy facility. At completion, this project will employ approximately 300 people. This announcement comes less than two years after Pfizer first announced the relocation of a gene therapy production facility to the Sanford campus, adding 40 new jobs and $100 million dollars in Investment. Sources: Sanford/Lee County Economic Development website, The Rant, Triangle Business Journal, Sanford Annual Report 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 6
0 S. NC-87 HWY. SANFORD, NC economic drivers Sanford City Council awarded approximately $12 million in construction contracts to extend the City of Sanford's wastewater collection system to the Moncure Megasite. Located near the intersection of Old US-1 and US-1, the 2,500-acre North Carolina Certified Site is a cooperative endeavor between the City of Sanford and Chatham County. It is expected to serve as an economic development catalyst that will benefit Chatham, Harnett, Lee, and Wake counties, the central Carolina region, and the state as a whole. In June of 2021, the Developers of the Chatham County megasite began marketing the site as Triangle Innovation Point. The name and M rebranding came after the Developers repositioned the site to focus more as a potential hub for tech and life sciences instead of manufacturing. The first phase of the project, TIP East will make up 400 acres on the western portion of the site. SITE It will be a joint venture between, the Developer, Samet Corp, and Lee-Moore Capital. SITE TO MONCURE MEGASITE DISTANCE 20 miles DRIVETIME 25 minutes 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 7
0 S. NC-87 HWY. SANFORD, NC residential growth 0.5 MILES LAUREL OAKS DEVELOPMENT BY DR HORTON ® 210 ACRES 625 LOTS ADAMS VILLAGE LVD RB 480+ RESIDENTIAL LOTS RNE HO S. ASHBY COMMONS 600+ RESIDENTIAL LOTS 87 SPORTS COMPLEX 4,500+ HOMES 10 MILES GALVIN'S RIDGE DEVELOPMENT BY DR HORTON 427 ACRES 1000+ LOTS N 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 8
0 S. NC-87 HWY. SANFORD, NC demographics 3-MILE 5-MILE 10-MILE POPULATION RADIUS RADIUS RADIUS 2020 Estimated 15,535 34,776 74,133 2025 Projected 16,208 36,568 77,958 HOUSEHOLDS 2020 Estimated 5,793 12,791 27,309 2025 Projected 5,932 13,216 28,380 2020 Owner-Occupied 3,905 7,604 18,724 2020 Renter-Occupied 1,887 5,187 8,585 HOUSEHOLD INCOME (AVERAGE) 2020 Estimated $63,871 $58,287 $68,127 2025 Projected $72,019 $64,789 $76,787 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 9
0 S. NC-87 HWY. SANFORD, NC location map 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 10
ASHBY VILL AGE s a n f o r d , n o r t h c a r o l i n a The information contained herein was obtained from sources believed reliable; however, TradeMark Properties makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice. 1001 Wade Avenue, Suite 300, Raleigh, NC 27605 • trademarkproperties.com • 919.782.5552 MIKE KEEN JONATHAN M. BASSI Vice President Vice President 919.795.1944 919.227.5511 mkeen@trademarkproperties.com jbassi@trademarkproperties.com 11
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