1310 Lady & 1224 Sumter

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1 Property Features Two buildings compromising a total of ±137,000 SF available for sale in s Central Business District. Of the ±137,000 SF, ±120,000 SF is considered rentable with the balance being basement/storage and service areas 1310 Lady (6 story building): ±30,600 RSF 1310 Lady (10 story building): ±55,000 RSF 1224 Sumter: ±36,000 RSF Situated on a prominent corner within walking distance to the South Carolina Statehouse, Historic Vista District, University of South Carolina campus, and all amenities in between Great redevelopment opportunity for potential hotel site, multi family property or office property All three buildings can be sold together or Seller will consider selling the 1310 Lady buildings and 1224 Sumter buildings separately, subject to acceptable pricing and contract terms. Approximate rentable square footage of buildings not including lower basement and service areas. Sales Price: $5,250,000 Exclusively Offered By: Macon Lovelace mlovelace@naiavant.com

2 CLICK HERE TO WATCH VIDEO Executive Summary The buildings currently have approximately 25,000 SF of office tenants in place. The largest of these tenants is the USC School of Speech and Hearing which occupies approximately 17,000 SF and has a lease expiration date of April The remaining tenants could stay on as long-term tenants for a new owner or vacate after acquisition. The current owners have completed significant demo/ abatement work to the buildings and other building system upgrades and have ample due diligence information on cost improvements to other elements of the buildings which will be provided to prospective purchasers. The buildings have qualified and have in place the Bailey Bill which will set the property taxes on its current value through January All three buildings qualify for the SC Abandoned Building Tax Credits and the 6 story 1310 Lady building qualifies for the 10% non-federal historic tax credit. A portion of the 3 story building is subject to a long term ground lease through June Copies of the ground lease will be made available to prospective purchasers. The owners of the property with the ground lease will also entertain a purchase of that property subject to acceptable business terms. The properties have a permanent parking agreement with the adjacent Marion St garage which has direct access into the 1224 Sumter St building. The parking ratio is at 3 per 1000 RSF or approximately 360 spaces at market parking rates. Exclusively Offered By: Macon Lovelace mlovelace@naiavant.com

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5 ais rv Ge et re St Marion St. Parking Garage Ma IT-oLogy SC Supreme Court Subject t tree S r te Sum State House et tre in S Ma reet St rion reet t S ly emb Ass

6 Finlay Park US Post Office Taylor St SC Bar Association Wells Fargo Building Art Museum TD Bank Building Ameris Bank Building Main St. Corridor Meridian Palmetto Health Baptist First Community Bank Palmetto Citizens FCU SC Department of Probation and Parole Gadsden St Hampton St City of Administration City Police Department and Court Capitol Station SCEG Bull St Seibels Bruce First Citizens Subject South State Bank Operations Center NBSC Building WIS TV First Citizens Building Municipal Association SC Supreme Court Barnwell St Gervais St Innovista Gervais St. Corridor Regions Bank Assembly St Capitol Complex SC Budget and Control Board University of South Carolina Park St Greene St