Riverlights - 7 Bridge

COMMERCIAL SITES READY FOR DEVELOPMENT WILMINGTON, NC

DANIEL PELLEGRINO

SETH CLARK

+1 850 728 1050

+1 843 338 3804

daniel.pellegrino@bridge-commercial.com

seth.clark@bridge-commercial.com

es

Commercial development opportunities at Riverlights Bridge Commercial (“Bridge”) is pleased to present remaining land in Riverlights 7Bridge (“The Property”), a ±35 acre infill mixed-use development opportunity in Wilmington, North Carolina. The property is a part of Riverlights, a master-planned mixed-use community on the Cape Fear River.

PARCEL

ACRES

Retail 1

2.8

7Bridge is the commercial core of Riverlights. The ±100 acre destination will have a full spectrum of retail, entertainment, service commercial and varying rental residential living options. The 7Bridge will be lifestyle hub of the Riverlights community and the go-to spot for surrounding area.

Retail 2

1.66

Retail 3

3.68

Retail 4

SOLD

Retail 5

SOLD

The master vision for 7Bridge includes:

Retail 6

1.0

Refuel/Gas

SOLD

±200 Senior and Age-Targeted Residential Units

Office 1

2.83

±100,000 SF of Retail

Office 2

4.92

Senior Living

SOLD

Townhome Community

CONTRACT

±3,350 Residential Rental Units

±50,000 SF of Office & Service Commercial Proposed ±550 Student Elementary School

Cape Fear River

New Pre-K School

Because Location is Everything Wilmington is the beating heart of DEVELOPMENT southern charm,RESIDENTIAL both in location UNDER CONSTRUCTION and energy. Situated on the SF-7 bustling coast of North Carolina, the prime location proves to be more effective, more forward-thinking, more fulfilling, and all-around more invigorating for business.

INFORMATION CENTER MODEL HOMES SINGLE-FAMILY HOMES DEL WEBB 55+

WINSTON-SALEM

FUTURE MIXED-USE

GREENSBORO

RALEIGH

PEDESTRIAN BRIDGE

W AT E

7BRIDGE RG

RA

SS

RD

NORTH CAROLINA

CHARLOTTE

SENIOR HOUSING FUTURE RETAIL/COMMERCIAL DEVELOPMENT

HAMPS LANDING RIVER ROW

FUTURE DEVELOPMENT

TOWNHOMES

FEW DEVELOPMENT OPPORTUNITIES REMAIN:

DOWNTOWN WILMINGTON

SOUTH CAROLINA CAROLINA BEACH

MOSBY OASIS APARTMENTS MARINA VILLAGE PARKS FUTURE DEVELOPMENT

SITES FOR COMMERCIAL DEVELOPMENT CHARLESTON

TRAILS BOARDWALK

BRIDGE COMMERCIAL | PG. 3

Highlights •

•

±140 acres of commercial land for mixed-use development within Riverlights.

Riverlights is a ±1,400-acre, master-planned mixed-use development and will have approximately 3,000 residential units at full build-out.

•

Proximate to 14,000+ existing residences within 3 miles.

•

Waterfront location on the Cape Fear River.

•

±2 Miles of Cape Fear River frontage.

•

Within 15 minutes to Downtown Wilmington, 15 minutes to Carolina Beach, voted No.12 best beach in North Carolina by US World News.

•

Riverlights single family average sale price $580,000

•

•

THE HAVEN BY PULTE HOMES VILLAGE AT MYRTLE GROVE

R IVE

SLIVERLAKE NEIGHBORHOOD

RD

SOLD CAPSTONE COTTAGES 279 UNITS DELIVERED 2023

Cape Fear River FUTURE RESIDENTIAL DEVELOPMENT UNDER CONSTRUCTION

R

38 ACRE RECREATIONAL LAKE WITH 3+ MILES OF WALKING & BIKING TRAIL LOOP

DEL WEBB

NE

D OL

HAMP’S LANDING

ST

W TO

Riverlights is a vibrant community with homeowners relocating from North Carolina, New Jersey, Maryland, Pennslyvania, & Virginia FUTURE MIXED USE DEVELOPMENT

±1,200 completed homes and growing weekly in Riverlights FIRE STATION UNDER CONSTRUCTION

RIV

D ER R

MARINA VILLAGE

Y RR

E AV

E

R

RC

E AT W

TF AF

BRIDGE COMMERCIAL | PG. 5

Riverlights “will be the upscale commercial bridge between Carolina Beach and Downtown.”

N 421

NEW HANOVER COUNTY BORDER

- Area Business Development Leader

140

LELAND

VP

D

23,000 V

906

68

,0

0

0

40 V

PD

140

0

3 MI

PD

PD

00

V

,0

0

26

CASTLE HAYNE

37

,0

87

DOWNTOWN WILMINGTON

ET

RK

A

M ST

421

HOSPITAL & MEDICAL CENTER DRIVE

140

32

,0

00

VP

D

MIDTOWN

MONKEY JUNCTION ,0 45

rR ea F e

VE RO

p

30 MINUTES FROM MARINA VILLAGE TO OPEN WATER VIA THE INTERCOASTAL WATERWAY

KURE BEACH

VP

D

421

r ive

Ca

00

EG

L RT MY

40,000 VPD

132

UNC WILMINGTON

Because Location LANDFALL is Everything Wilmington is the beating heart of southern charm, both in location and energy. Situated on the bustling coast of North Carolina, the prime location proves to be more effective, more forward-thinking, more fulfilling, and all-around more invigorating for business.

WRIGHTSVILLE

OGDEN/ PORTERS NECK 47,000 VPD

HAMPSTEAD

WINSTON-SALEM GREENSBORO

74

RD

MASONBORO ISLAND

BEACH

CAROLINA BEACH

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

RALEIGH

NORTH CAROLINA

CHARLOTTE

FIGURE EIGHT ISLAND

DOWNTOWN WILMINGTON

SOUTH CAROLINA CAROLINA BEACH

Atlantic Ocean

CHARLESTON

N

BRIDGEBRIDGE COMMERICAL | PG. COMMERCIAL | PG.27 7

Miles to Wilmington & Beaches Situated along the Cape Fear River, 7Bridge will be the upscale commercial bridge between Carolina Beach and downtown. Surrounded by the historical southern charm of downtown Wilmington, an emerging culinary scene, and award-winning beaches, it’s no wonder why Wilmington has been recognized as one of the fastest-growing ci􀆟tes in North Carolina. The Port City is also recognized as one of the best-performing cities for economic success.*

7 MIN DRIVE

Cape Fear River

CROSSROADS AT INDEPENDENCE

15 MIN DRIVE

CAROLINA BEACH

LE G

ROV

421

HOSPITAL & MEDICAL CENTER DRIVE

CAPE FEAR COUNTRY CLUB

THE POINT AT BARCLAY

17 PROPOSED TARGET

VILLAGE AT MYRTLE GROVE

20 MIN DRIVE

INDEPENDENCE MALL 15 MIN DRIVE

132

140

UNC WILMINGTON

Atlantic Ocean

WILMINGTON INTL AIRPORT

T ST

FREEMAN PARK

E

421

MARKE

MYR T

VETERANS PARK AND NATURE RESERVE BEAU RIVAGE MARKETPLACE

HISTORIC DOWNTOWN WILMINGTON

MASONBORO ISLAND

UNIVERSITY CENTER

17

MAYFAIR TOWN CENTER

17

N

*Source: Port City Daily

BRIDGE COMMERCIAL | PG. 9

Riverlights Master Plan

ARGENTO

SINGLE FAMILY RESIDENTIAL IN DEVELOPMENT

*Images & site plans are conceptual and subject to change.

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information.

Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

BRIDGE COMMERCIAL | PG. 11

Commercial Parcels For Sale

PARCEL

ACRES

Retail 1

2.8

Retail 2

1.66

Retail 3

3.68

Retail 4

SOLD

Retail 5

SOLD

Retail 6

1.0

Refuel/Gas

SOLD

Office 1

2.83

Office 2

4.92

Senior Living

SOLD

Town Homes

CONTRACT

7BRIDGE | SITE PLAN

SOLD CAPSTONE COTTAGES 279 UNITS DELIVERED 2023

ARGENTO APARTMENTS 286 UNITS UNDER CONSTRUCTION DELIVERING 2024

PROPOSED ELEMENTARY 550 STUDENTS

RETAIL 1 AVAILABLE RETAIL RETAIL 3 AVAILABLE RETAIL

RETAIL 2 AVAILABLE RETAIL

LUMINANCE SENIOR LIVING SOLD

TOWNHOME SITE

FUTURE CITY PARK

PEDESTRIAN BRIDGE

RETAIL 5 SOLD FUTURE DAYCARE

POCKET PARK

WA TER

GR

OFFICE 1 AVAILABLE OFFICE OR RETAIL

AS SD

R

RETAIL 4 CONTRACT MEDICAL SOLD

OFFICE 2 AVAILABLE OFFICE OR RETAIL

SOLD C-STORE

RETAIL 6 AVAILABLE RETAIL

*Site Plans for Parcels 3 - 6 are conceptual and subject to change.

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

BRIDGE COMMERCIAL | PG. 13

Adjacent Development Activity ARGENTO APARTMENTS 286 UNITS DELIVERING 2024

RESIDENTIAL DEVELOPMENT UNDER CONSTRUCTION

RETAIL 1 AVAILABLE RETAIL

RETAIL 3 AVAILABLE RETAIL

LE D B U RY

QUIG

RD

B IB E Y A LY LEY BL

VD

PROPOSED ELEMENTARY SCHOOL

PEDESTRIAN BRIDGE

UNDER CONTRACT TOWHOMES

OFFICE 1 AVAILABLE OFFICE OR RETAIL

WAT ERG

RASS

RETAIL 4 MEDICAL SOLD

ARROWHEAD PARK

CAPSTONE COTTAGES 279 UNITS

GATHE RING WAY

RETAIL 2 AVAILABLE RETAIL

SITE AERIAL | AUGUST 2023

RETAIL 5 SOLD FUTURE DAYCARE

ER

SENIOR LIVING SOLD

DR

AR R IV

COMMERCIAL SITES FOR SALE

N

O

RD

LD

RETAIL 6 AVAILABLE RETAIL

RD

C-STORE SOLD

15.5

AT B U

00 V

ILD-

FUTURE CITY PARK OFFICE 2 AVAILABLE OFFICE OR RETAIL

PD

OUT

THE HAVEN BY PULTE HOMES

ARGENTO APARTMENTS

RETAIL VILLAGE PARCEL 1 & 2

REFUEL

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

PEDESTRIAN BRIDGE

CAPSTONE COTTAGES

PROPOSED ELEMENTARY SCHOOL

SENIOR LIVING

Photo source: York Bridge Concepts

BRIDGE COMMERCIAL | PG. 15

Retail Village Vision

Riverwalk & Pedestrian Bridge

ARGENTO APARTMENTS 286 UNITS DELIVERING 2024

Feature District

RETAIL 1 AVAILABLE

LE R

Riverlights SF-10

D

RETAIL 3 AVAILABLE

BU

RY

R

D

IV

July 16, 2020

View of Main Street

ER R D RETAIL 2 AVAILABLE

PEDESTRIAN BRIDGE

Riverwalk NHCS

RETAIL 1 RETAIL 3

RETAIL 2

Riverlights SF-10

MULTI-FAMILY 3

July 16, 2020

SENIOR LIVING

RETAIL 5

SENIOR LIVING

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

MFA RESIDENTIAL

AREA OF DETAIL

AGE TARGETED MFA RESIDENTIAL

BFR RESIDENTIAL

OFFICE 2

RETAIL 4

C-STORE

RIV

ER

RO

AD

ARNOLD ROAD

OFFICE 1 ELEMENTARY SCHOOL

RETAIL 6

OFFICE

RETAIL/SERVICE COMMERCIAL

N

7-Bridge Master Plan 0

20

40

80

160

OCTOBER, 2022

*Images & site plans are conceptual and subject to change.

BRIDGE COMMERCIAL | PG. 17

Surrounded By Residential Development

SITE AERIAL | AUGUST 2023

RESIDENTIAL DEVELOPMENT UNDER CONSTRUCTION SF-6 225 LOTS

Cape Fear River RESIDENTIAL DEVELOPMENT UNDER CONSTRUCTION SF-7 ±210

ARGENTO APARTMENTS 286 UNITS DELIVERING 2024

SINGLE FAMILY RESIDENTIAL IN DEVELOPMENT SF-8 ±190

R

Y

DR

B

U

RASS

RG WATE

RD

AR

LE

D

R IV E R

R

D

COMMERCIAL SITES FOR SALE

NO

LD

RD

QU

EY IGL

BLV

D

CAPSTONE COTTAGES 279 UNITS DELIVERED 2023

FUTURE CITY PARK

PROPOSED ELEMENTARY SCHOOL 550 STUDENTS

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

BRIDGE COMMERCIAL | PG. 19

Proximate to Riverlights Amenities SITE AERIAL | AUGUST 2023

BOAT BUILDER PARK

HAMP’S LANDING

MARINA VILLAGE

Cape Fear River LINEAR PARK & TRAILS AROUND LAKE

ARGENTO APARTMENTS 286 UNITS DELIVERING 2024 THE HAVEN RETAIL 1 AVAILABLE RETAIL LE D BU RY RD

RETAIL 2 & 3 AVAILABLE RETAIL

QU

LE

YB

LV

A LY

D

R

IG

EY

G

REFUEL/C-STORE SOLD

RETAIL 6 AVAILABLE RETAIL

RETAIL 5 SOLD FUTURE DAYCARE

UNDER CONTRACT TOWHOMES

A RN O LD RD

PROPOSED ELEMENTARY SCHOOL 550 STUDENTS

RIVER RD

SENIOR LIVING SOLD COMMERCIAL SITES FOR SALE

AT BUILD-OUT

15.500 VPD

BIB

R W A TE

RETAIL 4 SOLD MEDICAL

A SS

D

R

OFFICE 1 AVAILABLE OFFICE OR RETAIL

CAPSTONE COTTAGES 279 UNITS

OFFICE 2 AVAILABLE OFFICE OR RETAIL

FUTURE CITY PARK

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

Riverlights: Where community & convenience come to play

3,350

±350

±900

RESIDENCES AT FULL BUILD-OUT

TOWNHOMES PLANNED

MULTIFAMILY PLANNED

±200

±100,000

500

SENIOR HOUSING PLANNED

SF OF COMMERICAL

Community of the Year - North Carolina Home Builder Association | 2022

ACRES OF OPEN SPACE & ±10 MILES OF WALKING PATHS

BRIDGE COMMERCIAL | PG. 23

The Riverlights Lifestyle

Riverlights Lifestyle

BRIDGE COMMERCIAL | PG. 25

Welcome to Wilmington, NC Wilmington is the beating heart of southern charm, both in location and energy. Situated on the bustling coast of North Carolina, the prime location proves to be more effective, more forward-thinking, more fulfilling and all-around more invigorating for business.

1

NO.

City in the U.S. for inbound moves - United Van Lines

WILMINGTON’S DOWNTOWN RIVERWALK

#7

- USA Today’s Readers’ Choice Contest

#10

SOUTH’S BEST CITIES ON THE RISE IN 2021 - Southern Living Magazine

NO.

4

STATE PEOPLE ARE MOVING TO - Move.org

Welcome to Wilmington, NC

BRIDGE-COMMERCIAL.COM

The Coast with the Most

BRIDGE COMMERCIAL MIDTOWN| |PG. PG.295

Why Wilmington?

POPULATION GROWTH

JOB GROWTH

HIGHER EDUCATION

LIFESTYLE

FUTURE JOB GROWTH OVER NEXT 10 YEARS PREDICTED TO BE 37.3%

POPULATION GROWTH: 2.5x the national average

Sources: Wilmington Business Development New Hanover Co. Profile

TOP 10

UNCW IS RANKED AMOUNG THE TOP 10 PUBLIC UNIVERSITIES IN THE SOUTH

4.69%

1-YEAR GROWTH FOR MEDIAN HOUSEHOLD INCOMES

Wilmington, NC

POPULATIOIN SHIFT TO MID-SIZE METROS

RESIDENTIAL SALES SOAR

UNIVERSITY OF NORTH CAROLINA WILMINGTON

WILMINGTON VOTED #10 SOUTH’S BEST CITIES ON THE RISE

WILMINGTON BEACHES

PORT OF WILMINGTON

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.

$163

$1b BRIDGE COMMERCIAL | PG. 9

PER DAY ON AVERAGE SPENT BY VISITORS

IN TOURISM REVENUE IN 2022 UP 13.9% FROM 2021

115k

17,915

TOTAL EMPLOYEES IN HANOVER COUNTY

STUDENTS LIVING IN WILMINGTON

BRIDGE COMMERCIAL | PG. 31

EXCLUSIVELY MARKETED BY:

DANIEL PELLEGRINO +1 850 728 1050 daniel.pellegrino@bridge-commercial.com SETH CLARK +1 843 338 3804 seth.clark@bridge-commercial.com

SETH CLARK

+1 843 338 3804

BRIDGE COMMERCIAL 25 Calhoun Street, Suite 220 Charleston, SC 29401 WWW.BRIDGE-COMMERCIAL.COM

seth.clark@bridge-commercial.com

Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document.