1834 m.l.k. jr blvd, chapel hill, nc 27514 chapel …...hometown: chapel hill, north carolina johnny...

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3333 DURHAM-CHAPEL HILL BLVD, SUITE C, DURHAM, NC 27707 | REALESTATEASSOC.COM | 919.489.2000 JOHNNY WEHMANN O: 919.287.2128 C: 919.259.3618 [email protected] No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. OFFERING SUMMARY Available SF: 1,242 SF Lease Rate: Negotiable Term Remaining: 1/31/21 PROPERTY OVERVIEW Previously occupied by Huntington Learning Center, this space was uplifted in 2015. Walls are movable for flexible layout options. Lease Expiration is 1/31/2021 with an Option for a 5-year renewal. Shopping Center Amenities Include: Harris Teeter Snap Fitness The UPS Store Great Clips PROPERTY HIGHLIGHTS Average Household in 3-mile radius over $100,000 Population close to 30,000 within 3-mile radius Strong apartment growth in immediate area Good position inside the center with high visibility Immediately off I-40 Exit 266 FOR SUB-LEASE EXECUTIVE SUMMARY Chapel Hill North SUBLEASE 1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514

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Page 1: 1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514 Chapel …...Hometown: Chapel Hill, North Carolina Johnny Wehmann brings a 13-year background of diverse real estate experience to Real Estate

3333 DURHAM-CHAPEL HILL BLVD, SUITE C, DURHAM, NC 27707 | REALESTATEASSOC.COM | 919.489.2000

JOHNNY WEHMANNO: 919.287.2128C: [email protected]

No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listingconditions imposed by principals.

OFFERING SUMMARY

Available SF: 1,242 SF

Lease Rate: Negotiable

Term Remaining: 1/31/21

PROPERTY OVERVIEW

Previously occupied by Huntington Learning Center, this space was uplifted in2015. Walls are movable for flexible layout options. Lease Expiration is 1/31/2021with an Option for a 5-year renewal.

Shopping Center Amenities Include:Harris TeeterSnap FitnessThe UPS StoreGreat Clips

PROPERTY HIGHLIGHTS

• Average Household in 3-mile radius over $100,000

• Population close to 30,000 within 3-mile radius

• Strong apartment growth in immediate area

• Good position inside the center with high visibility

• Immediately off I-40 Exit 266

FOR SUB-LEASE

EXECUTIVE SUMMARYChapel Hill North SUBLEASE

1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514

Page 2: 1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514 Chapel …...Hometown: Chapel Hill, North Carolina Johnny Wehmann brings a 13-year background of diverse real estate experience to Real Estate

3333 DURHAM-CHAPEL HILL BLVD, SUITE C, DURHAM, NC 27707 | REALESTATEASSOC.COM | 919.489.2000

JOHNNY WEHMANNO: 919.287.2128C: [email protected]

No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listingconditions imposed by principals.

FOR LEASE

ADDITIONAL PHOTOSChapel Hill North SUBLEASE

1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514

Page 3: 1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514 Chapel …...Hometown: Chapel Hill, North Carolina Johnny Wehmann brings a 13-year background of diverse real estate experience to Real Estate

3333 DURHAM-CHAPEL HILL BLVD, SUITE C, DURHAM, NC 27707 | REALESTATEASSOC.COM | 919.489.2000

JOHNNY WEHMANNO: 919.287.2128C: [email protected]

No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listingconditions imposed by principals.

FOR LEASE

RETAILER MAPChapel Hill North SUBLEASE

1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514

Page 4: 1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514 Chapel …...Hometown: Chapel Hill, North Carolina Johnny Wehmann brings a 13-year background of diverse real estate experience to Real Estate

3333 DURHAM-CHAPEL HILL BLVD, SUITE C, DURHAM, NC 27707 | REALESTATEASSOC.COM | 919.489.2000

JOHNNY WEHMANNO: 919.287.2128C: [email protected]

No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listingconditions imposed by principals.

POPULATION 1 MILE 3 MILES 5 MILES

Total population 4,433 28,561 90,699

Median age 35.7 35.9 32.6

Median age (Male) 31.6 34.5 31.7

Median age (Female) 38.6 37.2 33.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 1,768 11,431 34,425

# of persons per HH 2.5 2.5 2.6

Average HH income $104,405 $111,061 $86,768

Average house value $412,247 $431,471 $382,595

* Demographic data derived from 2010 US Census

FOR LEASE

DEMOGRAPHICS MAP & REPORTChapel Hill North SUBLEASE

1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514

Page 5: 1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514 Chapel …...Hometown: Chapel Hill, North Carolina Johnny Wehmann brings a 13-year background of diverse real estate experience to Real Estate

3333 DURHAM-CHAPEL HILL BLVD, SUITE C, DURHAM, NC 27707 | REALESTATEASSOC.COM | 919.489.2000

JOHNNY WEHMANNO: 919.287.2128C: [email protected]

No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental, or other conditions, withdrawal without notice, and to any special listingconditions imposed by principals.

3333 Durham-Chapel Hill Blvd, Suite CDurham, NC 27707O: 919.287.2128

C: 919.259.3618

[email protected]

PROFESSIONAL BACKGROUND

Hometown: Chapel Hill, North Carolina

Johnny Wehmann brings a 13-year background of diverse real estateexperience to Real Estate Associates. While Johnny practices commercialbrokerage throughout the Triangle, he has found a niche working in Chatham,Durham and Orange Counties. Before joining REA, Johnny was working as acommercial real estate broker with Sperry Van Ness. Prior to that he was atMeridian Realty in Winston-Salem were he worked in commercial propertymanagement with a focus on retail and office properties; his clients rangingfrom local landlords to private equity fund managers. Johnny also spentseveral years as a Property Manager/Broker-in-Charge focusing onMulti-Family housing with developer/owner, Ticon Properties.

Outside of work, Johnny enjoys spending time with friends and family. He canregularly be found at local music venues and sporting events. He especiallyloves going on outdoor adventures with his wife Catherine, daughter Laney,and their two dogs, Dash and Emmie.

EDUCATION

Bachelors of Science Degree in Economics, East Carolina UniversityGraduate, NC Realtors® Leadership Academy

MEMBERSHIPS & AFFILIATIONS

Licensed Real Estate Broker, North CarolinaRising Star Award, Orange-Chatham Association of Realtors®Member, Triangle Commercial Association of Realtors®Member, Chapel Hill Young ProfessionalsMember, Bull City Business LeadersVolunteer, Mental Health Association of the Triangle

JOHNNY WEHMANN

Vice President

FOR LEASE

ADVISOR BIO & CONTACTChapel Hill North SUBLEASE

1834 M.L.K. Jr Blvd, Chapel Hill, NC 27514