OFFERING SUMMARY

Kernersville Marketplace is located in Kernersville, North Carolina. Kernersville, centered in the middle of the Piedmont Triad Community, is part of the second largest MSA in North Carolina. The property contains 72,590 square feet and is 93% leased. The Center is anchored by Harris Teeter.

The Property is located at the intersection of South Main Street and Business I-40/421. Main Street which turns into Kernersville Road is a major thoroughfare for the city connecting Business I-40 with Interstate 40. Kernersville Marketplace has excellent exposure to and access points from Main Street and I-40, capturing commuters on the homeward-bound side of their commute.

SUBMARKET OVERVIEW

Kernersville Marketplace is located in the middle of the rapidly growing community of the Piedmont Triad which includes cities such as Winston-Salem, Greensboro, and High Point. Explosive residential and job growth is taking place in Kernersville due to its proximity to Winston-Salem and Greensboro (collectively MSA of 1,350,000, the second largest MSA in North Carolina). The new Dell manufacturing facility and a FedEx hub recently opened in Kernersville, opening numerous jobs for the surrounding community and drawing in a greater population.

Kernersville Marketplace is ideally positioned in the heart of Kernersville retail center. Nearby retailers include Target, Rack Room, Petco, Lowe's, Kohl's and Wal-Mart. Kernersville Marketplace benefits from the additional traffic and population increase that the surrounding retailers attract.

The shopping center has easy accessibility from North Carolina's main freeway I-40 and is located directly off of Business I-40/421. With direct access to most of North Carolina's major cities and universities, Kernersville is ideally located within North Carolina. Kernersville Marketplace is only 15 minutes away from the Piedmont Triad International Airport.