HAW RIVER SITE | JIMMIE KERR RD, HAW RIVER, NC
HIGHLIGHTS
2.53 acres located off Jimmie Kerr Road and Interstate 40 in the town of Haw River, NC. Three new large distribution facilities have been built for Walmart, Lidl, and Amazon within the last few years. A brand new 600,000 sf industrial building is under construction across Jimmie Kerr Road. The nodes along I-40 between Durham and Greensboro continue to expand causing growth pressure within this trade area.
OVERVIEW
Utilities in surrounding jurisdictions are getting tapped out and pushing growth to this corridor. Local jurisdictions have submitted requests to widen Jimmie Kerr Road with traffic congestion. Alamance Community College is located directly across Interstate 40 that has 5,500+ students and faculty. A brand new K through 6 charter school opened across Kronberg Court, with plans being made to expand to 8th grade.
MARKET
219 townhomes have been approved behind the site, and another 300+ unit apartment complex is in the works for a 2024 construction commencement. Three additional phases for multifamily are scheduled upon lease up for the apartment complex. Affordability, convenient access to the Triangle and Triad Markets, and lifestyle create an attractive place to be in Haw River.
NEARBY AMENITIES
Wendy's, Dunkin Donuts, Dairy Queen, Denny's, Days Inn, Pilot Travel Center, Flying J Travel Center, and PJ Fresh Marketplace.
DEMOGRAPHICS
1 MILE
Population:
975
Median Income: $49,265
3 MILES
Population:
22,490
Average Income: $41,549
5 MILES
Population:
73,232
Average Income: $43,323
TRAFFIC COUNT
STREETS
I-40/I-85
Jimmie Kerr Rd
VEHICLES PER DAY
125,000
20,000