OFFERING SUMMARY

The Shops at University consists of a brand-new retail center located in Winston-Salem, North Carolina. The two tenant investment, including Cingular Wireless and Moby's Coffee Company, offers full term leases and option years. The 6,000 square foot center is 100% occupied, giving an investor a stabilized investment with minimal management requirements.

SUBMARKET OVERVIEW

The Property is strategically positioned between a Wal-Mart Supercenter and a Lowes Home Improvement. Both of these anchor tenants are major draws for the Shops at University. By buying the Shops at University, an investor is able to benefit from the stability of the anchor tenants without buying the traditionally flat income stream of the anchor tenants. It should be noted that to date, Wal-Mart has never vacated a Supercenter location.