BURLINGTON, NC - MIDTOWNE PARK - JOIN LIDL ANCHORED SHOPPING CENTER PRE-LEASING - LIMITED AVAILABILITY
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BURLINGTON, NC – MIDTOWNE PARK – JOIN LIDL ANCHORED SHOPPING CENTER PRE-LEASING – LIMITED AVAILABILITY University Drive and Rural Retreat Road, Burlington, NC 27215 For leasing information: Austin Wilson, Broker 550 S. Main Street, Suite 300 • Greenville, SC 29601 864.263.5411 o • 864.384.5892 c • www.REALTYLINKDEV.com
Table of Contents
Executive Summary
Overview...............................................3
Property Highlights...........................4
Property Overview
Site Plan.................................................5
Aerial.......................................................6
Area Overview
Trade Area Photos..........................7-9
Location Maps.................................. 10
Market Profile.............................11-12
Demographics............................13-15
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2
Property Summary
Location: University Drive and Rural Retreat Road,
Burlington, NC 27215
County: Alamance County
Price: Call
Best Use: Retail
Utilites: Water, sewer, gas, electricity
Zoning: Commercial
Acreage: +/- 1.78 Acres of 6.5 Acres
Area Information
Burlington is the principal city of the Burlington MSA which
encompasses all of Alamance County (MSA population of
approximately 150,000 in 2008). Burlington is a short drive
to two major NC airports. Manufacturing is an important
component of the local economy. LabCorp, one of the largest
clinical laboratories in the world, has its headquarters and
several testing facilities in Burlington. LabCorp is Alamance
County’s largest employer, employing over 3,000 people in the
county.
3
Property Highlights
• Excellent visibility
• Perfectly positioned close by other major
retailers
• Located near Alamance Crossing Mall
• Major retail growth area
• Traffic counts of 90,000 VPD on I-40 & I-85
• Signalized intersection location
DEMOGRAPHIC SUMMARY - 2017
• Located in an emerging corridor of 3 MILE 5 MILE 7 MILE
commerce where two major Interstates POPULATION 28,254 67,200 117,505
85 (north/south) and 40 (east/west) link HOUSEHOLDS 11,895 27,165 44,635
two of the fastest growing and most
AVERAGE HH INCOME $81,191 $67,395 $62,314
talked-about metro areas on the East
MEDIAN HH INCOME $57,927 $48,181 $44,034
Coast
4
Site Plan
5
Aerial
6
Trade Area Photos
7
Trade Area Photos
8
Trade Area Photos
9
Location Map
10Market Profile
Economy
In the heart of America’s best business state, a dynamic destination is
coming into its own — an emerging “corridor” of commerce where two
major Interstates 85 (north/south) and 40 (east/west) link two of the fastest
growing and most talked-about metro areas on the East Coast. At one end,
the Research Triangle Park Region of Raleigh, Durham and Chapel Hill; at
the other, the Piedmont Triad Region of Greensboro, Winston-Salem and High Point. Alamance County is the centerpiece of
this Carolina Corridor, where the full resources of the region come together to create exceptional opportunities for expanding
and relocating companies.
Transportation
Alamance County has two major Interstates: 85 (N/S) and 40 (E/W) that run concurrently through the county linking Alamance
County to major destinations. Interstates 95 and 77 are approximately 90 miles away. The modern, deep-water ports of
Wilmington, Morehead City and Charleston provide shipping service to Alamance County along with two inland ports located
in neighboring Greensboro and Charlotte. North Carolina is the hub of an East Coast rail network with 3,600 miles of track
throughout the state. Norfolk Southern Railway and Amtrak
provide service to Alamance County. Alamance County is
served by two commercial airports within a 45 minute drive.
Piedmont Triad International Airport has 61 daily flights.
Raleigh Durham International Airport has 270 daily flights.
Daily Non-stop flights service over 40 locations including
London and Toronto. Air Cargo service is provided by 10 air
cargo carriers. Piedmont Triad International is the site of a
new FedEx Mid-Atlantic sorting hub which opened in 2009.
Burlington-Alamance Regional Airport (BUY) offers a lighted
runway with ILS, FBO, Rental Car and Hangars. The runway is
currently being extended to 6400’ and will be able to handle
plans as large as 737’s.
11Market Profile
Education
Alamance County is home to over forty schools including
public, charter, and private educating almost 25,000 students.
Alamance County is also the home to Elon University, a
nationally ranked four year liberal arts college and Alamance
Community College (ACC). Elon has 49 majors including
masters-level education for its nearly 5,000 full-time students.
ACC has 46 programs of study offering a variety of certificates
and associates degrees for its 4,400 full-time students.
Alamance has 22 universities and 10 community colleges
within an hour’s drive including numerous prominent schools such as Duke University and UNC. There are a total of 140,700
full-time university students and 53,700 community college students in the area.
Healthcare
Alamance Regional Medical Center, part of Cone Health
System, provides excellent healthcare with 238 beds and
1500 employees in facilities located throughout Alamance
County. Recently the center was named one of the nation’s
best hospitals for treating heart attacks. Regionally, there
are 20 hospitals in a 45 minute drive including the world
renowned Duke University Medical Center and Wake Forest/
Baptist Medical Center. In all, there are over 8600 hospital
beds in the area.
12Demographics
Demographic and Income Profile
University Dr, Burlington, North Carolina, 27215 2 Prepared by Esri
University Dr, Burlington, North Carolina, 27215 Latitude: 36.05923
Ring: 3 mile radius Longitude: -79.50584
Summary Census 2010 2017 2022
Population 25,553 28,254 29,798
Households 10,794 11,895 12,545
Families 6,589 7,154 7,488
Average Household Size 2.30 2.31 2.31
Owner Occupied Housing Units 6,732 7,039 7,405
Renter Occupied Housing Units 4,062 4,856 5,140
Median Age 40.7 41.6 41.7
Trends: 2017 - 2022 Annual Rate Area State National
Population 1.07% 1.10% 0.83%
Households 1.07% 1.06% 0.79%
Families 0.92% 0.95% 0.71%
Owner HHs 1.02% 1.00% 0.72%
Median Household Income 2.49% 1.93% 2.12%
2017 2022
Households by Income Number Percent Number PercentDemographics
Demographic and Income Profile
University Dr, Burlington, North Carolina, 27215 2 Prepared by Esri
University Dr, Burlington, North Carolina, 27215 Latitude: 36.05923
Ring: 5 mile radius Longitude: -79.50584
Summary Census 2010 2017 2022
Population 61,914 67,200 70,598
Households 25,119 27,165 28,590
Families 15,505 16,536 17,295
Average Household Size 2.33 2.34 2.34
Owner Occupied Housing Units 15,392 15,760 16,594
Renter Occupied Housing Units 9,727 11,405 11,996
Median Age 37.3 38.4 38.9
Trends: 2017 - 2022 Annual Rate Area State National
Population 0.99% 1.10% 0.83%
Households 1.03% 1.06% 0.79%
Families 0.90% 0.95% 0.71%
Owner HHs 1.04% 1.00% 0.72%
Median Household Income 1.75% 1.93% 2.12%
2017 2022
Households by Income Number Percent Number PercentDemographics
Demographic and Income Profile
University Dr, Burlington, North Carolina, 27215 2 Prepared by Esri
University Dr, Burlington, North Carolina, 27215 Latitude: 36.05923
Ring: 7 mile radius Longitude: -79.50584
Summary Census 2010 2017 2022
Population 104,074 112,235 117,505
Households 41,620 44,635 46,737
Families 26,624 28,188 29,343
Average Household Size 2.40 2.41 2.42
Owner Occupied Housing Units 25,899 26,402 27,657
Renter Occupied Housing Units 15,721 18,234 19,080
Median Age 37.6 38.8 39.2
Trends: 2017 - 2022 Annual Rate Area State National
Population 0.92% 1.10% 0.83%
Households 0.92% 1.06% 0.79%
Families 0.81% 0.95% 0.71%
Owner HHs 0.93% 1.00% 0.72%
Median Household Income 1.60% 1.93% 2.12%
2017 2022
Households by Income Number Percent Number PercentProperty Contact
Austin Wilson, Broker
awilson@realtylinkdev.com
864.263.5411 o • 864.384.5892 c
550 South Main Street, Suite 300 • Greenville, SC 29601
864.242.4008 p • 864.232.0160 f • www.REALTYLINKDEV.com
© 2018 RealtyLink, LLC, We have obtained the contained information from sources we believe are reliable. We have not however verified that all information is accurate and make no
guarantee, warranty or representation of it. The information is subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing
or withdrawal without notice, and it is not a substitute for a thorough due diligence investigation. We include opinions, projections, estimations and assumptions for example purposes
only. This information may not represent current or future performance of the property. Seek legal advise and conduct due diligence if exact numbers are desired.
RealtyLink, LLC and the RealtyLink logo are trademarks of RealtyLink, LLC and/or its affiliates. All other logos or company materials displayed in these contents are the property of
their respective owners.
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