OFFERING SUMMARY

Crown Concord is a specialty shopping center located in Concord, North Carolina. The center is ideally located in Concord's retail corridor and has an excellent lease up and occupancy history. The center sits adjacent to the Carolina Mall (over 450,000 sq.ft. of retail space)and just down the street from the regional hospital (457 beds).

SUBMARKET OVERVIEW

Concord (Charlotte MSA) is the 14th most populous city in North Carolina with 62,000 residents. In terms of land area, Concord is the State's 7th largest city with a land area of 54 square miles.

The property fronts Concord Parkway giving the center excellent position and visibility. The center is also located only half a mile from Interstate 85, which has traffic counts of 88,000 vehicles per day.