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 spencer.crigler@svn.com Frank Sproviero, CPM Director of Management Services 704.892.5653 x6971 frank.sproviero@svn.com SVN COMMERCIAL REAL ESTATE ADVISORS 19901 WEST CATAWBA AVENUE SUITE 102, CHARLOTTE, NC 28031 OFFERING MEMORANDUM

PROPERTY INFORMATION 3 Property Summary Rent Roll Additional Photos LOCATION INFORMATION 7 Location Description Regional Map Location Maps Aerial Map Additional Photos SALE COMPARABLES 13 Sale Comps Sale Comps Summary Sale Comps Map DEMOGRAPHICS 21 Demographics Map ADVISOR BIOS 23 Advisor Bio & Contact 1 Advisor Bio & Contact 2 Advisor Bio & Contact 3 Back Page DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET, MOORESVILLE, NC 28115 OFFERING MEMORANDUM

1 PROPERTY INFORMATION 128, 134, 156, 162 N Broad Street DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 3

Property Summary OFFERING SUMMARY Sale Price: $2,299,000 Lot Size: 1.45 Acres Year Built: 1966 Building Size: 28,065 SF Renovated: 2017 Price / SF: $81.92 PROPERTY OVERVIEW SVN is pleased to bring to market this rare opportunity to own over 28,000 SF in Historic Downtown Mooresville. This multi-tenant mixed use investment property was built in 1966 and was once a production site for the TV series "Banshee" and most recently "Shots Fired" With expansive growth stemming from Lake Norman; Downtown Mooresville is a happening place. Recently we have seen several successfull businesses move to the area including the most recent opening of Famous Toastery. PROPERTY HIGHLIGHTS Sales Price: $2,299,000 28,065 SF Street retail Value add Under market rents Potential to add a second level Historic cinematic site for "Banshee" and "Shots Fired" DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 4

Rent Roll TENANT NAME UNIT NUMBER UNIT SIZE (SF) LEASE START % OF GLA WFV Design 128 7,700 Current 27.44 Anderton Corp 134 A 1,400 Current 4.99 S Line, LLC 134 B 3,300 Current 11.76 Tusing 134 C 2,400 Current 8.55 Cronkhite 156 A 1,025 Current 3.65 Vacant Restaurant 156 B 925 Proposed 3.3 Vacant Restaurant 156 C 925 Proposed 3.3 Tusing 156 D 4,450 Current 15.86 Vacant 156 E 640 Proposed 2.28 Gehrsitz 156 F 3,000 Current 10.69 Molestina 162 A 850 Current 3.03 Vacant 162 B 1,450 Proposed 5.17 Totals/Averages 28,065 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 5

Additional Photos DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 6

2 LOCATION INFORMATION 128, 134, 156, 162 N Broad Street DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 7

Location Description LOCATION OVERVIEW Located in the heart of downtown Mooresville, NC. Mooresville, NC is located on picturesque Lake Norman. The Town of Mooresville has focused heavily on the revitalization of the downtown area with sidewalks, benches, and lots of natural areas. Truly a quaint Southern town, Downtown Mooresville has it all. Stroll along Main Street and enjoy art, museums and specialty boutiques offering everything from hand crafted leather goods to fine wines! Dine in any number of locally owned restaurants featuring everything from hot dogs to upscale cuisine. Take pictures of our NC Auto Racing "Walk of Fame" and visit a local hardware store that is over 100 years old! Downtown also offers seasonal parades, festivals of all kinds, live concerts and family movie nights on the green. DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 8

Regional Map DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 9

Location Maps DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 10

Aerial Map DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 11

Additional Photos DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 12

3 SALE COMPARABLES 128, 134, 156, 162 N Broad Street DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 13

Sale Comps SUBJECT PROPERTY 128, 134, 156, 162 N Broad Street, Sale Price: $2,299,000 Building SF: 28,065 SF Price PSF: $81.92 Lot Size: 1.45 Acres Year Built: 1966 1 158 N MAIN ST 158 N Main Street Sale Price: $430,000 Lot Size: 0 Acres Year Built: 1905 Building SF: 3,254 SF Price PSF: $132.15 Closed: 01/26/2018 1 2 170 N MAIN ST 170 N Main St Mooresvile, NC 28115 Sale Price: $500,000 Lot Size: 0 Acres Year Built: 1910 Building SF: 3,800 SF Price PSF: $131.58 Closed: 02/24/2017 2 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 14

Sale Comps 3 GENERAL BUILDING 178 N Main Sale Price: $320,000 Lot Size: Year Built: 1910 Building SF: 2,815 SF Price PSF: $113.68 Closed: 06/02/2017 3 4 101-105 S BROAD ST 101-105 S Broad St Sale Price: $1,200,000 Lot Size: 0.1 Acres Year Built: 1890 Building SF: 9,840 SF Price PSF: $121.95 Occupancy: 100% 4 5 181-188 N MAIN ST 181-188 N Main St Sale Price: $1,600,000 Lot Size: 0.23 Acres Year Built: 1929 Building SF: 15,328 SF Price PSF: $104.38 Occupancy: 100% 5 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 15

Sale Comps 6 212 N MAIN ST 212 N Main Street Sale Price: $430,000 Lot Size: 0 Acres Building SF: 5,027 SF 6 Price PSF: $85.54 Closed: 02/22/2018 7 132 MAIN ST 132 Main St Sale Price: $650,000 Lot Size: 0.63 Acres Year Built: 1936 Building SF: 6,600 SF Price PSF: $98.48 Occupancy: 100% 7 8 225 S BROAD ST 225 S Broad St Sale Price: $350,000 Lot Size: 0 Acres Year Built: 1967 Building SF: 4,747 SF Price PSF: $73.73 Closed: 01/19/2018 Motorcycle Dealer 8 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 16

Sale Comps 9 S BROAD STREET 403 S Broad Street Mooresville, NC 28117 Sale Price: $350,000 Building SF: 3,864 SF Price PSF: $90.58 Lot Size: 1 Acres Year Built: 1961 Office warehouse, Corner location, 3 properties plus a lot. CMX zoning. Offers limited parking No restaurant equipment Downtown location, awning signage 9 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 17

Sale Comps Summary SUBJECT PROPERTY PRICE BLDG SF PRICE/SF Downtown Mooresville Investment Portfolio 128, 134, 156, 162 N Broad Street $2,299,000 28,065 SF $81.92 1 2 3 4 SALE COMPS PRICE BLDG SF PRICE/SF CLOSE 158 N Main St 158 N Main Street 170 N Main St 170 N Main St Mooresvile, NC 28115 General Building 178 N Main $430,000 3,254 SF $132.15 01/26/2018 $500,000 3,800 SF $131.58 02/24/2017 $320,000 2,815 SF $113.68 06/02/2017 5 6 7 101-105 S Broad St 101-105 S Broad St 181-188 N Main St 181-188 N Main St 212 N Main St 212 N Main Street $1,200,000 9,840 SF $121.95 On Market $1,600,000 15,328 SF $104.38 On Market $430,000 5,027 SF $85.54 02/22/2018 132 Main St 132 Main St $650,000 6,600 SF $98.48 On Market DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 18

Sale Comps Summary SUBJECT PROPERTY PRICE BLDG SF PRICE/SF 8 9 225 S Broad St 225 S Broad St S Broad Street 403 S Broad Street Mooresville, NC 28117 $350,000 4,747 SF $73.73 01/19/2018 $350,000 3,864 SF $90.58 - PRICE BLDG SF PRICE/SF CLOSE Totals/Averages $647,778 6,142 SF $105.47 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 19

Sale Comps Map SUBJECT PROPERTY 128, 134, 156, 162 N Broad Street, 158 N MAIN ST 1 158 N Main Street 170 N MAIN ST 2 170 N Main St Mooresvile, NC 28115 GENERAL BUILDING 3 178 N Main 101-105 S BROAD ST 4 101-105 S Broad St 181-188 N MAIN ST 5 181-188 N Main St 212 N MAIN ST 6 212 N Main Street 132 MAIN ST 7 132 Main St 225 S BROAD ST 8 225 S Broad St S BROAD STREET 9 403 S Broad Street Mooresville, NC 28117 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 20

4 DEMOGRAPHICS 128, 134, 156, 162 N Broad Street DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 21

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES 4,596 26,717 49,777 Median age 33.6 34.9 36.4 Median age (male) 30.7 33.3 35.0 Median age (Female) 38.6 37.0 37.8 1 MILE 3 MILES 5 MILES 1,694 10,063 18,565 # of persons per HH 2.7 2.7 2.7 Average HH income $56,913 $62,921 $69,241 $170,849 $191,889 $238,988 Total population HOUSEHOLDS & INCOME Total households Average house value * Demographic data derived from 2010 US Census DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 22

5 ADVISOR BIOS 128, 134, 156, 162 N Broad Street DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 23

Advisor Bio & Contact 1 PAULA QUICKEL PROFESSIONAL BACKGROUND Senior Advisor Paula Quickel is a Senior Advisor with SVN, Cornelius, NC. A graduate from Meredith College with a B.S. in Business Management. Following graduation, she spent over 8 years as a National Account Manager with American City Business Journals, selling print advertising in 3 different Motorsports publications. Paula and her husband spent over 15 years in residential building & development while raising their two children and have been a resident to the Lake Norman area for over 22 years. She delivers exceptional customer service, accountability, years of proven work ethic and competitive marketing & sales experience to the SVN Charlotte Commercial Team. 2016 & 2017 Top Producer EDUCATION B.S. Business Management, Meredith College, Raleigh, NC Specialties Tenant Representation, Landlord Representation, Leasing & Sales of Retail,Industrial, Land and Mobile Home Parks. Investment Brokerage 19901 West Catawba Avenue Suite 102 Charlotte, NC 28031 T 704.746.5139 C 704.746.5139 paula.quickel@svn.com NC #279753 MEMBERSHIPS & AFFILIATIONS Charlotte Region Commercial Board of Realtors North Carolina Realtors Association CoStar Transactions Sale - Retail Sale - Land Sale - Industrial Sale - Office Sale- Mobile Home Parks Lease - Office Lease - Industrial Lease - Tenant Representation Lease- Single Tenant Investments, build-to-suit DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 24

Advisor Bio & Contact 2 SPENCER CRIGLER Associate Advisor PROFESSIONAL BACKGROUND Spencer is a hardworking and driven young individual with a bright mind and prides himself on being current with commercial real estate trends. Specializing in investment sales his marketing background helps bring the most prospective clients to the table. In 2 years of real estate Spencer has successfully closed deals in the following product types; retail, industrial, flex, office and multi-family. His great networking connections through BNI also separates himself from the rest of the competition by being more than just a broker, but a reliable businessman that can provide a multitude of professionals to assist any clients needs. Accomplishments: 2016 "Rookie of the Year" 2017 "Broker Elite Program" 2017 "Top Listing Broker" Spencer stands by 3 important values for commercial real estate; Integrity, Honesty and Expertise! 19901 West Catawba Avenue Suite 102 Charlotte, NC 28031 T 704.892.5653 C 336.706.1290 spencer.crigler@svn.com NC #286755 EDUCATION Bachelor of Science in Business Administration in Marketing from the University of North Carolina at Charlotte MEMBERSHIPS & AFFILIATIONS Product Councils Retail Multi-family Industrial DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 25

Advisor Bio & Contact 3 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 multifamily 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. 19901 West Catawba Avenue Suite 102 Charlotte, NC 28031 T 704.892.5653 x6971 C 203.948.5695 frank.sproviero@svn.com NC #286755 DOWNTOWN MOORESVILLE INVESTMENT PORTFOLIO 128, 134, 156, 162 N BROAD STREET MOORESVILLE, NC 28115 SVN Commercial Real Estate Advisors Page 26