OFFERING SUMMARY

Steelecroft Shopping Center consists of a well-established retail center located in the thriving area of Charlotte, North Carolina. The Harris Teeter anchored-center is 79,226 square foot center and is 100% occupied.

Steelecroft is positioned at the best intersection in the market, Highway 49 and Highway 160, two major commercial arteries running through Mecklenburg and York County. The property is located 11 miles southwest of thriving downtown Charlotte and is easily accessible from Exit 90 on I-77, the main interstate passing through the metro area.

The widened roadway and direct access to downtown Charlotte as well as being minutes from Lake Wylie makes the area surrounding Steelecroft an ideal place of permanent residency.

SUBMARKET OVERVIEW

Mecklenburg County is centered in the middle of the exploding Charlotte Region, one of the healthiest and strongest economies in the nation. The city is the center of the nation's fifth largest urban region, with 7.1 million people living within a 100-mile radius.

The Lake Wylie area, minutes from Steelecroft, is known as Charlotte's current hot growth spot and over the next five years it will experience major growth. With lots of Shoreline still undeveloped and its proximity to the airport and downtown charlotte, Lake Wylie is an ideal place to live.