OFFERING SUMMARY

Northside Shopping Center is a grocery anchored retail center located in Winston-Salem, NC. The 234,967 SF Center is anchored by Food Lion and Family Dollar. Food Lion has maintained a 2.5% health ratio over the past 4 years and has recently renewed their lease for 5 years. 55,000 people live within a 3-mile radius of the center.

SUBMARKET OVERVIEW

Winston-Salem is the county seat, largest city of Forsyth County and the fourth-largest city in the state. It is the location of the corporate headquarters of BB&T, Hanes Brands Inc., Lowes Food Stores, and many others.

Although traditionally associated with the textile and tobacco industries, Winston-Salem is transforming itself to be a leader in the nanotech, high-tech, and bio-tech fields.