Sunrise Town C E N T R E

Transcription

1 MIXED USE RETAIL CENTER

2 The project is a mixed retail, restaurant, office and medical development located on one of the best parcels of land in Bismarck North Dakota. The project includes Phase I and Phase II for a master plan 72 acre site with four side perimeter access at the northeast corner location of Century Avenue and Centennial Road. I-94 Exit 161 is an exciting fast growth area of Bismarck. This prime new development is on the northeast corner of Centennial Road and E Century Avenue. Sunrise Town Centre has great access, visibility to capture both neighborhood and interstate traffic. This rapidly developing commercial hub and residential growth area offers tremendous opportunity. The roadways, utility infrastructure, new schools, easy access to I-94 and ample land for continued development. Phase I is scheduled for delivery of buildable lots for the fall of The Developer will deliver lots grade to drain, city services, asphalted curb and gutter and roads. The property is sold per square foot plus city assessed specials for road, curb and street lighting. Traffic counts on the corner intersection are some of the highest in the Bismarck market. These traffic counts will continue to increase significantly with continued residential growth and the addition of the new 62 acre Bismarck public high school, Legacy High School. Residential growth is exploding around the site. Higher density growth is occurring to the west and south of the site and single family continues to grow to the East. North site is in an area considered as a going home route with a vast amount of existing residential to the northeast and northwest. The development will be divided into Phase I at 40 acres and then phase II at 32 acres. Convenience retail, restaurant pads, office and medical. Each of these phases are designed to enhance the value of the other attracting people to the development and providing them a reason to stay is a prime factor in our design concepts. Project Overview The project will be built and maintained to a very high standard. PROJECT CONTACT Kyle Holwagner, CCIM Daniel Companies 304 E Rosser Ave, Suite 201 Bismarck ND Kyle@DanielCompanies.com Broker does not guarantee the information describing this property. Interested parties are advised to independently verify the information through personal inspectors or with appropriate professionals.

3 Project Entrance Project Entrance

4 Century Ave Centennial Rd Bismarck Expressway EXIT 161 New Legacy High School Project Overview MULTI-FAMILY DEVELOPMENT NEW RESIDENTIAL DEVELOPMENT FUTURE RESIDENTIAL COMMERCIAL DEVELOPMENT

5 Anticipated Development Size Summary of the Project Concept Land Use Plan Total Gross Phase I Area 1,767,098 SF +/- *** Project Breakdown*** Dan s Supermarket Anchor Retail 287,496 sf land Estimated 45,000 sf bldg Community / Convenience Retail Area 690,910 sf Mid-sized and Small Retail Area 403,414 sf Pad Restaurant Area 304,793 sf Office / Medical Area 201,668 sf Bank Pad Area 60,012 sf Service / Convenience Area 84,422 sf Concept Land Use Plan Total Gross Phase II Area 1,393,920 sf Lot sub-sections to be determined. Broker does not guarantee the information describing this property. Interested parties are advised to independently verify the information through personal inspectors or with appropriate professionals.

6 Project Plat BLOCK 1 - Lot 1 / 80,006 sf (1.837 acres) - Lot 2 / 71,658 sf (1.645 acres) - Lot 3 / 71,643 sf (1.645 acres) - Lot 4 / 60,012 sf (1.376 acres) BLOCK 2 - Lot 1 / SOLD to Dans Supermarket - Lot 2 / 228,925 sf (5.255 acres) BLOCK 3 - Lot 1 / 57,452 sf (1.319 acres) - Lot 2 / 63,429 sf (1.456 acres) - Lot 3 / 53,598 sf (1.230 acres) - Lot 4 / 52,048 sf (1.195 acres) - Lot 5 / 46,184 sf (1.060 acres) - Lot 6 / 45,012 sf (1.033 acres) - Lot 7 / 58,424 sf (1.341 acres) BLOCK 5 Project Plat Project Plat - Lot 1 / 83,422 sf (1.915 acres)

7 Project Rendering Project Rendering

8 project is a mixed retail, restaurant, office and medical development located on one of the best parcels of land in Bismarck, North Dakota. The project includes four sided perimeter access. Corner of two major road ways, Centennial Road and Century Avenue provide direct route to residential neighborhoods with projected high growth in single and multi-family. The traffic count of 14,000 on the corner intersection of Centennial Road and Century Avenue located before the development of the market s largest grocer, Dan s Supermarket and a new Bismarck public high school, Legacy High School. Residential growth is exploding around the site. Higher density growth is occurring to the west and south of the site an single family continues to grow to the east. This site is in an area considered as a going home route with a vast amount of existing residential to the northeast and northwest. Site Analysis Broker does not guarantee the information describing this property. Interested parties are advised to independently verify the information through personal inspectors or with appropriate professionals.

9 Dan s Supermarket has made a commitment to purchase a commercial lot in Sunrise Town Centre of Northeast Bismarck from SNT Development for Dan s future growth. Dan s looks forward to growing along with Bismarck. Since 1949 Dan s Supermarket has looked to grow opportunities for the company and also grow job and career opportunities for employees. The new Dan s Supermarket location is near the corner of Centennial Road and Century Avenue. In addition to a Dan s supermarket, it is expected that there will be a number of other business establishments built in this area. Dan s Supermarket would like to thank our many shoppers in the Bismarck Mandan area that continue to support our hometown company. Dan s was started in 1949 and has remained locally owned since that time. Anchor Retail

10 Site Analysis Site Analysis DOWNTOWN Kirkwood Mall NEW FUTURE MULTI-FAMILY FUTURE RESIDENTIAL

11 Area Retail Map 8 1.Walmart Super Center 2.Sam s Club 3.Expressway Centre Office Depot Big Lots Dollar Tree Rent A Center 4.Southridge Centre Barnes & Noble MidContinent AT&T Cartridge World Nutrition Zone 5.Kirkwood Mall Regional Shopping Cen Scheels JC Penneys Herbergers Target Ashley Furniture 6.Pinehurst Square Lowe s Kohl s Best Buy PetSmart Old Navy TJ Max Dress Barn David s Bridal Shoe Carnival 7.State Street / Century Avenue Menards Dan s Supermarket Hobby Lobby Sears RCC Western Wear K-Mart 8.Walmart Super Center Area Retail Map

12 Schools Schools

13 Schools Schools 62 ACRE SITE NEW

14 Market Overview 30 min 2 hrs 50 min 2 hrs 40 min 35 min 45 min 15 min 2 hrs 10 min 55 min 20 min 5 min 45 min 2 hrs 56 min 15 min 55 min 15 min 20 min 55 min 35 min 45 min 20 min 2 hrs 10 min 45 min Area Major Retail Map

15 Area Demographic and Income Profile

16 Area Demographic and Income Profile

17 ABOUT BISMARCK - MANDAN The Bismarck MSA s 2011 Census population estimate is 110,879 up from 108,779 as recorded by the 2010 Census Bismarck-Mandan, capital of North Dakota features the outstanding quality of life to a vibrant business community, our recent national accolades confirm that this is a great place to live, work and play. - #1 Least Stressful Small City in the United States - Sperlings - #1 Most Secure Place to Live Farmers Insurance - #2 Best small place for businesses and careers - Forbes - #2 A safe and trusting community - Harvard University professor to measure social trust - #4 Best Small Places for Business and Careers Forbes - #4 Income Growth Forbes - #6 Best Place to Live - Outdoor Life Magazine - #16 Best Small Metro in Which to do business Inc. Magazine The continued growth and development means no lack of opportunity. From nationally known shopping establishments to locally owned firms, there are opportunities for everyone. Hospitals and clinics are state-of-the-art Hands-on state and local government systems that are easily accessible Area Information Elementary and secondary educational system that consistently produces test scores well above the national average, a high graduation rate and a 93-96% average daily attendance rate Higher education opportunities to attain one two and four year degrees, as well as master s degrees and workforce training.

18 WORK FORCE AND LABOR STUDY Major Employers - State of North Dakota 4,400 - Sanford Health Systems 3,064 - St. Alexius Medical Center 2,215 - Bismarck Public School District 1,804 - City of Bismarck MDU Resources Group Aetna Mandan Public School District 584 Area Information (MSA) - Population 110,879 (2011) - Commute Time o Less than 15 minutes 29,137 o minutes 16,641 o minutes 2,438 o minutes 934 o Over 60 minutes 1,564 Education and Loyalty to employers - 91% had achieved their high school diploma, 33.1% - Median length of employment is 4.8 years, the average length is 5.4 years - Median years to management experience is 11.3 years - 94% of potential job seekers have at least a high school diploma and 25% have a college degree - 64% of PJS have some management experience, with the median length of time for this experience being 11 years Work Force and Labor Study

19 MSA Economy at a Glance

20 Serving commercial real estate with unmatched market knowledge, experience, and well-deserved reputation for integrity. They know the Bismarck-Mandan real estate market better than anyone. This powerful team delivers powerful results. Bill Daniel, CCIM Kyle Holwagner, CCIM Ann Sharp, GRI E. Rosser Ave., Suite 200 Bismarck, ND Office: DanielCompanies.com