Pinecrest Plaza. Re-imagined & Re-energized. HIGHWAY 15/501 at MORGANTON ROAD PINEHURST, NC

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1 HIGHWAY / at MORGANTON ROAD PINEHURST, NC Re-imagined & Re-energized LEASING INFORMATION: Ryan Preston

2 THE SANDHILLS REGION DESTINATION FASHION ACCESSORIES BELK TALBOTS CHICO S CLAIRE S CATO FURNISHINGS GIFTS BOOKS BELK HOME PIER IMPORTS DAPHNE S HALLMARK BOOKS A MILLION FITNESS BEAUTY HIBBETT SPORTS BATH&BODY WORKS GNC SALLY BEAUTY FAMOUS HAIR MY NAILS

3 EXCELLENT TENANT SALES 203 MAJOR RENOVATION HIGH VOLUME BELK STORE Visibility & Signage Enhancements Total Facade & Landscaping Renovation Parking Lot & Lighting Upgrades SIZE: TENANT MIX: ADDRESS: LOCATION: 277,70 Square Feet Belk, Talbots, Chico s, Pier I Imports, Bath & Body Works Michaels Arts & Crafts, Hallmark Hwy. / at Morganton Road Pinehurst, NC Across the street from Country Club of North Carolina DEMOGRAPHICS: Trade Area Population: 0,6 Trade Area HH Income: $7,337 TRAFFIC COUNT: Hwy. / - 2,000 VPD Morganton Road - 4,000 VPD Pinecrest School Road - 4,00 VPD

4 PROPOSED FACADE

5 SUBMARKET PINEHURST RESORT EIGHT 8-HOLE GOLF COURSES INCLUDING FAMED PINEHURST #2 THE COUNTRY CLUB OF NORTH CAROLINA PRIVATE, GATED COMMUNITY TWO TOP RATED 8-HOLE GOLF COURSES 30+ HOMES, VALUES $300k-$.m+ ENTRANCE TO CCNC LAWN AND TENNIS CLUB OF NC NATIONAL GOLF CLUB PRIVATE, GATED COMMUNITY 8-HOLE GOLF COURSE PROFESSIONAL PARK 2,000 VPD PINECREST HIGH SCHOOL 2,00 STUDENTS Pinecrest Plaza HOME MORGANTON ROAD 4,000 VPD PINECREST SCHOOL RD 4,00 VPD

6 MARKET OVERVIEW DEMOGRAPHICS MOORE MONTGOMERY 220 MONTGOMERY RICHMOND ROCKINGHAM Eagle Springs Seven Lakes 2 Robbins Foxfire Parkwood Roseland Pinebluff Hoffman Carthage HOKE SCOTLAND LEE MOORE Whispering Pines PINEHURST Southern Pines 2 Fort Bragg Military Reservation Raeford SANFORD Pineview Rockfish LEE HARNETT CUMBERLAND ROBESON Spring Lake FORT BRAGG 40 HARNETT CUMBERLAND Hope Millls 40 Lillington 29 FAYETTEVILLE 9 Located at the epicenter of the Sandhills Region in Moore County, Pinecrest Plaza acts as a super-regional center drawing residents from Pinehurst, Southern Pines, Whispering Pines, Sanford and other surrounding cities and towns. Its location gives it a steady flow of tourists as well as shoppers. Trade Area Population (4 min.drive time): 340,000 Household Incomes: 7K+ Median Home Value in Pinehurst: $22,900 Cars/Day: Hwy. / - 2,000 VPD Morganton Rd. - 4,000 VPD Pinecrest School Rd. - 4,00 VPD Job Growth of 4.7% this Past Year* (*Sperling s Best Places) Amount Spent on Retail EVERY MONTH in Trade Area: $220,000,000 Residents Spend 0% Per Capita More on Apparel Compared to Other Markets Exceptional Employment Moore Regional Hospital Consistently Recognized as Top Health Care Provider Pinehurst Golf Consistently Recognized in Top Golf Resort Destinations in the U.S. $33 Million Spent Annually on Entertainment and Recreation

7 FACTS SNAPSHOT THE CONNECTIVITY Pinecrest Plaza is located at the epicenter of the Sandhills Region. North-South Connectivity along Hwy. / (2,000 VPD) and East-West along Morganton Road (4,000 VPD). COMMUNITY Over 00,000 part time residents own second homes in the Pinehurst area and reside there 6-9 months out of the year but are not captured in census data. EDUCATION FAMILIES 4 elementary/middle/high schools within a 3-mile radius serving 3,7students. RECREATION 44 golf courses within a -mile radius of Pinehurst. Home to the famous Pinehurst #2 which hosts U.S. Opens, Ryder Cups and other championship tournaments. HIGHLIGHTS Home to Moore Regional Hospital, a 39-acute care facility employing 294 physicians and 3,000+ professionals. Within commuting distance from Fort Bragg, a major regional economic engine. Home of the U.S. Army Airborne and Special Operations Forces, it is one of the largest and busiest military complexes in the world. Approximately 63,000 military and,000 civilian personnel work at Fort Bragg.

8 AERIAL HOME CRESTON COMMONS APARTMENTS PINECREST HIGH SCHOOL 2,00 STUDENTS PINECREST SCHOOL RD 4,00 VPD HOME Brenda s Jewelry 2,000 VPD MORGANTON ROAD 4,000 VPD

9 SITE PLAN TENANT LIST U.S. - 2,000 VPD MORGANTON ROAD 4,000 VPD PINECREST SCHOOL ROAD 4,00 VPD NORTH Belk Belk Home Store Brenda s Jewelry Chico s Daphne s Hallmark Pier One Imports Hibbett Sports Available T-Mobile Belk Men s Store Bath & Body Works Claire s Edible Arrangements Hair Cuttery The UPS Store Cato Moore Music Sally Beauty My Nails Peking Wok GNC Domino s Subway Rite Aid Food Lion Books-A-Million Michael s Burke s Outlet The Shoe Department Talbot s 7,42 4,200,400 2,600 4,400 7,002,972 2,20,680 48,9 2,800,400,400,400 2,00 4,9 2,06,400 2,00 3,4,200,200,200 9,600 32,46 2,000 8,746 32,63 4,440 6,000

10 AREA GOLF COURSES PINEHURST RESORT (Courses -8) 9 2 COUNTRY CLUB OF NORTH CAROLINA 3 4 ELKS CLUB MID SOUTH CLUB 2 2 TRAFFIC CIRCLE MID PINES GOLF CLUB PINE NEEDLES GOLF CLUB KNOLLWOOD FAIRWAYS TALAMORE GOLF RESORT Pinecrest Plaza 9 FOREST CREEK GOLF CLUB MORGANTON ROAD 0 MIDLAND COUNTRY CLUB 2 2 LONG LEAF GOLF & COUNTRY CLUB NATIONAL GOLF CLUB 3

11 ADJACENT GOLF NEIGHBORHOODS COUNTRY CLUB OF NORTH CAROLINA PINEHURST RESORT NATIONAL GOLF CLUB MIDSOUTH CLUB/TALAMORE

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