OFFERING SUMMARY

Boulevard Plaza is an attractive 110,841 square foot grocery-anchored shopping center located at the dominant intersection of an established retail corridor in Wilson, North Carolina. Boulevard Plaza consists of three buildings on 10.6 acres, with excellent visibility and access from either direction of approach. It has historically experienced high occupancy rates and is currently 100% occupied.

The center is anchored by Piggly Wiggly supermarket and Maxway department store. Other regional and national tenants include Blockbuster Video, Family Dollar, Subway and Enterprise Rent-A-Car. Piggly Wiggly is an afiliate of C&S Wholesale Grocers, Inc., ranked as the 8th largest privately held company in the nation.

The long-term lease of Piggly Wiggly and the center's high percentage of credit tenants ensure income stability. The center provides upside through rollover of existing tenants to higher rents and expansion of the existing space up to 15,000 square feet. Boulevard Plaza is available with or without inplace debt.