HORSEFEATHERS WATERFRONT RESTAURANT/BAR

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HORSEFEATHERS WATERFRONT RESTAURANT/BAR 3746 MT

com SVN COMMERCIAL REAL ESTATE ADVISORS 19901

1 HORSEFEATHERS WATERFRONT RESTAURANT/BAR 3746 MT PLEASANT RD SHERRILLS FORD, NC Frank Sproviero, CPM Director of Management Services x6971 SVN COMMERCIAL REAL ESTATE ADVISORS WEST CATAWBA AVENUE SUITE 102, CHARLOTTE, NC OFFERING MEMORANDUM

DEMOGRAPHICS 14 Demographics Map ADVISOR BIOS 16 Advisor Bio & Contact 1 Back Page 3746 MT PLEASANT RD

2 PROPERTY INFORMATION 3 Property Summary Complete Highlights Additional Photos Additional Photos LOCATION INFORMATION 8 City Information Regional Map Location Maps Aerial Map Nearby Restaurants DEMOGRAPHICS 14 Demographics Map ADVISOR BIOS 16 Advisor Bio & Contact 1 Back Page 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD, SHERRILLS FORD, NC OFFERING MEMORANDUM

3 1 PROPERTY INFORMATION 3746 Mt Pleasant Rd Sherrills Ford, NC MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 3

Property Summary OFFERING SUMMARY Sale Price: $1,499,000 PROPERTY OVERVIEW After 21 years of sustained success, Horsefeathers Roadhouse has finally chosen to pass the torch. This 7,000 SF Lot Size: 3.

4 Property Summary OFFERING SUMMARY Sale Price: $1,499,000 PROPERTY OVERVIEW After 21 years of sustained success, Horsefeathers Roadhouse has finally chosen to pass the torch. This 7,000 SF Lot Size: 3.34 Acres waterfront restaurant and bar on 3.34 park like acres offers entrepreneurs a unique opportunity to own and operate the "oldest watering hole on Lake Norman". PROPERTY HIGHLIGHTS Year Built: 1960 Building Size: 7,068 SF Price / SF: $ nd Generation waterfront restaurant Turn-key restaurant, ready for operation Waterfront restaurant moratorium Boardwalk under construction Rapidly growing community High demand for sit down restaurants in Sherrills Ford 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 4

Complete Highlights EQUIPMENT LIST Full service kitchen Walk-in

alarm system Juke Box ATM 11 Tv''s 32 taps 16 glass door walk in beer

PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT

5 Complete Highlights EQUIPMENT LIST Full service kitchen Walk-in cooler and freezer Smokehouse with wood cooker POS System Camera and alarm system Juke Box ATM 11 Tv''s 32 taps 16 glass door walk in beer cooler Ice maker Tables, chairs, barstools and booths 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 5

6 Additional Photos 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 6

7 Additional Photos 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 7

8 2 LOCATION INFORMATION 3746 Mt Pleasant Rd Sherrills Ford, NC MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 8

City Information SHERRILLS FORD, NC A quaint subsidiary community on the northern tip of Lake Norman, Sherrills Ford is undergoing massive economic growth and is showing no signs of slowing up.

This 200+ acre mixed use project is the future home to retail, office, multi-family and single family development.

9 City Information SHERRILLS FORD, NC A quaint subsidiary community on the northern tip of Lake Norman, Sherrills Ford is undergoing massive economic growth and is showing no signs of slowing up. Recent success has shown in the new mixed-use development site in "The Village at Sherrills Ford" which has just open its doors to a Publix Shopping Center. This 200+ acre mixed use project is the future home to retail, office, multi-family and single family development. THE VILLAGE AT SHERRILLS FORD Publix Shopping Center: Multi-family Development: Single Family Development: Office And Retail 61,500 SF 22+ acres 250+ lots 80+acres CITY HIGHLIGHTS Sherrills Ford and Terrell are Lake Norman s quietest communities. Located along N.C. 150 between Mooresville and Lincolnton, the area is becoming increasingly populated due to the limited supply in other areas around the lake MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 9

10 Regional Map 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 10

11 Location Maps 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 11

12 Aerial Map 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 12

13 Nearby Restaurants 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 13

3 DEMOGRAPHICS 3746 Mt Pleasant Rd Sherrills Ford, NC 28673 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT

14 3 DEMOGRAPHICS 3746 Mt Pleasant Rd Sherrills Ford, NC MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 14

Demographics Map POPULATION 1 MILE 5 MILES 10 MILES 621 16,561 85,546 Median age 43.4 41.6 41.3 Median age (Male) 42.2 40.6 40.6 Median age (Female) 44.5 42.5 41.

15 Demographics Map POPULATION 1 MILE 5 MILES 10 MILES ,561 85,546 Median age Median age (Male) Median age (Female) MILE 5 MILES 10 MILES Total households 257 6,636 32,330 # of persons per HH Average HH income $67,825 $72,581 $86,456 $476,420 $375,708 Total population HOUSEHOLDS & INCOME Average house value * Demographic data derived from 2010 US Census 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 15

4 ADVISOR BIOS 3746 Mt Pleasant Rd Sherrills Ford, NC 28673 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT

16 4 ADVISOR BIOS 3746 Mt Pleasant Rd Sherrills Ford, NC MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 16

Advisor Bio & Contact 1 FRANK SPROVIERO, CPM Director Of Management Services PROFESSIONAL BACKGROUND Frank Sproviero has been active in the Real Estate industry for over 25 years, starting his

17 Advisor Bio & Contact 1 FRANK SPROVIERO, CPM Director Of Management Services PROFESSIONAL BACKGROUND Frank Sproviero has been active in the Real Estate industry for over 25 years, starting his professional career as a multi- family property manager in 1991, and then transitioning to commercial property and asset management soon after. Frank earned the internationally observed Certified Property Manager (CPM) designation from the Institute of Real Estate Management, and is a licensed Real Estate Broker in both North Carolina and Connecticut. Over many years in the industry, Frank has had the great opportunity to provide a multitude of management and brokerage services for his clients, and is adamant that he and his team s practices are based on integrity, honesty, trust and providing an unlimited value to their property owners and tenants. Before moving to Charlotte NC. with his wife and son, Frank headed up the Asset & Property Management division for 21st. Century Management Inc. for 15 years, where he gained priceless experience in managing all aspects of retail shopping centers, free standing single tenant retail sites, franchised & non-franchised hotels, and industrial properties. EDUCATION Western Connecticut State University Institute of Real Estate Management West Catawba Avenue Suite 102 Charlotte, NC T x6971 C frank.sproviero@svn.com NC # MEMBERSHIPS & AFFILIATIONS Sale Specialties: Retail Industrial Office Hospitality Leasing Specialties: Office Retail Industrial Medical Office Product Councils: Property Management (Council Co-Chairperson) Corporate Real Estate Distressed Assets 3746 MT PLEASANT RD - HORSEFEATHERS WATERFRONT RESTAURANT/BAR & VACANT LOT 3746 MT PLEASANT RD SHERRILLS FORD, NC SVN Commercial Real Estate Advisors Page 17

5653 x6971 https://svncharlottecommercial.

DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO

DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 Paula Quickel Senior Advisor 704.746.5139 paula.quickel@svn.com Spencer Crigler Associate Advisor 704.892.5653