CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC Bill Steigerwald Advisor

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1 CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC Bill Steigerwald Advisor SVN BLACKSTREAM 18 SOUTH PACK SQUARE, ASHEVILLE, NC OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Property Summary Property Description Additional Photos Regional Map Aerial Map Sale Comps Demographics Report Demographics Map Advisor Bio & Contact 1 Back Page CAR CRAZY 652 WEST US HWY 19E, BURNSVILLE, NC OFFERING MEMORANDUM

3 1 PROPERTY INFORMATION 652 West US Hwy 19E Burnsville, NC CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 3

4 Property Summary OFFERING SUMMARY Sale Price: $820,000 Cap Rate: 8.0% NOI: $65,600 Lot Size: 0.48 Acres Year Built: 2009 PROPERTY OVERVIEW Completely automatic car wash with credit card and cash reading POS. Low management, low risk, profitable investment. Well-maintained facility with over $300,000 in equipment including a water reclamation system. PROPERTY HIGHLIGHTS Estimated 8% cap rate Highly visible, well-established business Strong property appreciation potential Building Size: Zoning: Market: Submarket: 1,618 SF Commercial - C2 Burnsville Downtown Potential to purchase sister property in Mars Hill (terms upon request) Cash on cash positive investment with typical financing On-premise studio apartment for PT manager or rental income City utilities Water reclamation system + two wells Price / SF: $ CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 4

Property Description PROPERTY OVERVIEW Completely automatic car wash with credit card and cash reading POS. Low management, low risk, profitable investment.

5 Property Description PROPERTY OVERVIEW Completely automatic car wash with credit card and cash reading POS. Low management, low risk, profitable investment. Well-maintained facility with over $300,000 in equipment including a water reclamation system. LOCATION OVERVIEW Near town center, facing the bypass with access off highway and from W. Main St. CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 5

6 Additional Photos CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 6

7 Regional Map Car Crazy CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 7

8 Aerial Map Car Crazy CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 8

Sale Comps SUBJECT PROPERTY 652 West US Hwy 19E, Burnsville, NC 28714 Sale Price: $820,000 Lot Size: 0.

0% NOI: $65,600 1 GORILLA CAR WASH 125 Tunnel Rd. Asheville, NC 28805 Sale Price: $890,000 Lot Size: 0.

9 Sale Comps SUBJECT PROPERTY 652 West US Hwy 19E, Burnsville, NC Sale Price: $820,000 Lot Size: 0.48 Acres Year Built: 2009 Building SF: 1,618 SF Price PSF: $ Cap: 8.0% NOI: $65,600 1 GORILLA CAR WASH 125 Tunnel Rd. Asheville, NC Sale Price: $890,000 Lot Size: 0.88 Acres Year Built: 2011 Building SF: 4,325 SF Price PSF: $ Closed: 05/25/ CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 9

10 Demographics Report 1 MILE 5 MILES 10 MILES Total population 236 5,901 19,239 Median age Median age (male) Median age (female) Total households 100 2,476 8,032 Total persons per HH Average HH income $46,971 $45,953 $44,427 Average house value $197,026 $193,461 * Demographic data derived from 2010 US Census CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 10

Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population 236 5,901 19,239 Median age 44.3 43.5 44.3 Median age (male) 42.2 41.2 42.3 Median age (Female) 47.2 46.0 46.

11 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES Total population 236 5,901 19,239 Median age Median age (male) Median age (Female) MILE 5 MILES 10 MILES Total households 100 2,476 8,032 # of persons per HH Average HH income $46,971 $45,953 $44,427 $197,026 $193,461 HOUSEHOLDS & INCOME Average house value * Demographic data derived from 2010 US Census CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 11

12 Advisor Bio And Contact Info. BILL STEIGERWALD Advisor 18 South Pack Square Asheville, NC T C bill.steig@svn.com NC # PROFESSIONAL BACKGROUND Steigerwald is a commercial real estate broker in the Asheville, NC office with a focus on industrial and value-added property in South Slope, River Arts and West Asheville; hotels across WNC; and development land. As a former business owner, he is extremely resourceful and marketing savvy with a talent for positioning and prospecting. His strong networking activities keep him apprised of activities all over Asheville, and north into Madison and Yancey counties. He also has a strong knowledge of building and site/space usage Steigerwald grew up in Raleigh, graduated from UNC-Chapel Hill, then lived in several places along the East Coast and the Gulf Coast before settling in western NC, his lifelong dream. His interests include renewable energy, green building, and design of all types. He is an avid outdoorsman, traveler, and woodworker. Specialties Sale - Corporate Sales Sale - Hospitality Sale - Industrial Sale - Land Sale - Office Lease - Industrial Lease Office Product Council - Hospitality Product Council - Industrial Product Council Medical Office EDUCATION Bachelor of Science in Business Adminstration - UNC-Chapel Hill Certified Real Estate Broker - Crumbie Trull School of Real Estate - Asheville, NC Certified, Solar Energy Design and Technical Sales - Solar Energy Intl. - CO MEMBERSHIPS & AFFILIATIONS Asheville Area Chamber of Commerce Commercial Investment Realtors Assoc. (WNC) CAR CRAZY 652 WEST US HWY 19E BURNSVILLE, NC SVN BlackStream Page 12

18 South Pack Square Asheville, NC 28801 828.774.5535 svnblackstream.

HILL TOP MOBILE HOME PARK

FOR SALE MULTIFAMILY HILL TOP MOBILE HOME PARK Ramsay Lane Hendersonville, NC 28792 PRESENTED BY: BILL STEIGERWALD Advisor 828.774.5535 bill.steig@svn.com NC #290959 PROPERTY HIGHLIGHTS Convenient to I-26