MORE THAN A RACETRACK 1MORE THAN A RACETRACK DOMINION RACEWAY & ENTERTAINMENT

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1 MORE THAN A RACETRACK 1

2 Get Ready... THOMAS RAINES Associate VIRGIL NELSON, CCIM Senior Vice President INTRODUCTION 0`1 LOCATION OVERVIEW 02 CHALLENGES & SOLUTIONS 07 SUSTAINABILITY & VISION 08 NICKI JASSY Senior Vice President

3 GET SET... AN INNOVATIVE AND FORWARD-THINKING MOTORSPORT AND ENTERTAINMENT CONCEPT introduction Dominion Raceway is a one-of-a-kind opportunity for commercial real estate development. Unlike anything seen before on the entire East Coast, let alone Fredericksburg, Virginia, Dominion Raceway is a racing and entertainment venue which features over 160 acres of land, a 37,000 SF main facility, and two parcels totaling over 40 acres for future real estate development. Dominion Raceway is an innovative and forward-thinking concept that once fully established, is poised to become the prototype by which other motorsports and entertainment complexes will be measured. the offering PHASE I ±10.2 acre site ideally suited for retail, hospitality, and restaurant food court. Currently pre-leasing 15,000 SF building with potential for four drive-thrus and two outdoor patios. 1 PHASE II.96 acres of raw land ideally suited for automotive tenant; perfect for large end-user.

4 LOCATION OVERVIEW...Go! STRATEGICALLY POSITIONED IN HIGHLY VISIBLE, HIGHLY POPULATED SPOTSYLVANIA COUNTY Spotsylvania County Dominion Raceway is conveniently located in Thornburg, Virginia just 20 minutes from downtown Fredericksburg. Strategically situated at Exit 118 off Interstate 95, the site has nearly a mile of highway frontage. Its highly visible location serves as a constant visual reminder to the 100,000 cars that pass by the site every day. Three large metropolitan markets are within an hour s drive including the Nation s Capital (62 miles), Richmond, Virginia (44 miles), and Charlottesville, Virginia (63 miles). Additionally, this radius is home to millions of residents along with some of the highest household and per capita incomes in the country today. Fredericksburg, Virginia The Fredericksburg region, which includes the city of Fredericksburg and the counties of Spotsylvania, Stafford, Kind George, and Caroline has been one of the fastest growing regions in the Commonwealth of Virginia and the United States. 2

5 Fredericksburg Area Accolades 20 MILES MILES 100 MILES Population 268,247 2,771,723 11,0,000 Projected Population (2021) 279,3 2,901,528 12,000,000 Households 94, ,244 4,341,711 Projected Households (2021) 101,019 1,056,275 4,601,694 Avg. Household Income $96,755 $106,122 $107,689 $,000 - $74,000 16, , ,0 $75,000 - $99,999,474 4, ,829 $100,000 -$124,999 10, ,715 5,216 NO. 9 population FREDERICKSBURG NAMED BEST PLACE TO LIVE households 72,076 Age 20 to 64 Years 158,274 Chillicothe 62 Age 65 Years or Over Cincinnati NO MOST EXCITING CITIES IN VIRGINIA 35 $369 M Total Retail 1,674,642 7,019, ,986 1,581,3 $6.51 B $2.95 B Portsmouth Source: SitesUSA, Regis Online, 2016 Estimates BEST HOSPITALS IN WASHINGTON, D.C. $4.12 B $18.2 B $32.8 B , Miles Charlottesville, VA 46, , Miles Williamsburg, VA 15, Miles Baltimore, MD 831,128 Roanoke, VA 94,409 Raleigh, NC 451, ,567,442 Pittsburgh, PA , Bluefield Miles 205 Miles 300 Miles 119 Source: US Census Bureau, 2015 Estimates 64 Charlottesville MILES 29 1 Salisbury Chesapeake Bay 295 RICHMOND Lynchburg Salem Blacksburg Roanoke Christiansburg Radford 360 Colonial Heights Hopewell Williamsburg Petersburg Poquoson Newport News Waynesboro Fredericksburg 100 MILES 220 Easton Alexandria Cambridge Miles 181 Miles Philadelphia, PA Beckley 9 20 MILES Miles Staunton Miles Richmond, VA 452, Washington, D.C. Virginia Beach, VA Harrisonburg Charleston Washington Manassas Delaware Bay Bowie Fairfax Manassas Park College Park Greenbelt 301 Takoma Park New Carrollton Annapolis Hyattsville Vienna DISTANCE E 19 Front Royal 119 POPULATION Rockville Herndon Millville Baltimore Dover Laurel Pleasantville Bridgeton Gaithersburg 29 Leesburg Winchester $145.0 B MAJOR CITIES Winchester Richmond 119 $320.2 B South Charleston 60 olasville - N E R DWA LLE T.CO M, Frederick Martinsburg Clarksburg $72.6 B Saint Albans Huntington Centrally Located 64to Major Metropolitan Areas 25W Parkersburg Fairmont Ashland 68 t Vienna Ironton LexingtonFayette FASTEST GROWING CITIES IN VIRGINIA Mary Washington Hospital - GOGOB OT.COM, Entertainment 27 NO. 2 2,886,541 Marietta Athens 68 Total Household 735,094 37,897 consumer expenditure 62 dependence - B LO G.V I R G I N I A.CO M, U S N E WS & WO R LD R E PO RT, Age 19 Years or Less Newport Fort Thomas anger - LI VA B I LI TY.CO M, NO. 4 age od TOP 8 SMALL TOWNS FOR OUTDOOR LOVERS - L I VAB I L I T Y.COM, income Mason Springdale k Sharonville ge Blue Ash Reading BEST CITIES FOR YOUR STARTUP Demographics Hampton Virginia Beach Norfolk Portsmouth Chesapeake 3 Ve Somers Ocean 9

6 WHY YOU WANT TO BE HERE tracks 4/10 MILE NASCAR SANCTIONED OVAL TRACK FACILITY RENTALS tracks 1/8 MILE NHRA SANCTIONED DRAG STRIP ADVERTISING & BRANDING OPPORTUNITIES tracks 2-MILE SCCA/ NASA PRO-MOTION SANCTIONED ROAD COURSE main structure 3-STORY, 55' TALL, 37,000 SF MULTI- PURPOSE BUILDING Accommodates banquets, shows, auctions, meeting places, as well as a host of non-traditional motorsports offerings tracks KARTING TRACK tracks RACING SCHOOLS main structure UNENCUMBERED FLOOR LOADING main structure COMBINED FLOOR CAPACITIES (PROVIDING 20,000 SF OF CONDITIONED SPACE) main structure FULL FOOD PREP, STORAGE, AND SERVING AREAS main structure FULL MULTIMEDIA CAPABILITIES SEPARATE INFIELD BUILDING WITH A 20' X 40' HIGH-DEF LED DISPLAY AND STAGE FOR CON- CERTS AND EVENTS TWO HELICOPTER PADS 4

7 FUEL ISLAND US 1. for lease/sale PHASE I Located near the entrance road to the venue with frontage along I-95, Phase I features ±10.2 acres of construction-ready pad sites with utilities and curb cuts. Currently pre-leasing a proposed 15,000 SF building with potential for four drive-thrus. Perfect opportunity for retail, quick-service restaurants, and/or brewery overlooking racetrack. PHASE 2 Also located along I-95 with excellent visibility to 93,000 vehicles per day, Phase 2 is.82 acres of raw land, ideally suited for a large end-user. MUDD TAVERN RD EXIT ' double-sided digital sign approved along I-95 PHASE I ±10.2 ACRES FOR SALE OR LEASE track features (not part of offering) RESTAURANT ROW Access Road from Mudd Tavern Road Main Site Entrance Main Parking Lot Dragstrip Staging Lanes Dragstrip Burnout Box Dragstrip Return Road/Road Course Raceway Operations & Grandstand Winners Circle 4/10-Mile Oval Track Access Drive Heli-Pad Location County approved clearing of trees along I-95 for added visibility 2-Mile Road Course ,000 VPD PHASE II ±.0 ACRES FOR SALE OR LEASE Karting Track Paddock Area Skid Pad 1/8-Mile Dragstrip Proposed I-95 Rramp Improvements MALLARD ROAD

8 Restaurant Row Proposed Front Elevation TENANT NAME Bay B 3,100 SF BURGER JOINT Bay C 2,7 SF PIZZA DOMINION RACEWAY & ENTERTAINMENT Bay D 1,765 SF Bay E 3,100 SF MEXICAN TENANT NAME COFFEE SHOP Proposed Restaurant Row Restaurant Row is part of the Phase I development and ideally suited for quick-service restaurants and/or a brewery. This 15,000 SF food court building has six suites available for lease, four of which offer drive-thru lanes and two sites provide outdoor dining space. Restaurant Row is situated directly off I-95 at the entrance to the Dominion Raceway & Entertainment facility and provides excellent views of the racetrack. Bay A 2,7 SF Bay F 2,7 SF 6

9 CHALLENGES & SOLUTIONS REASONS TO REV YOUR ENGINES No. 1 perception: DUE TO NOISE POLUTION AND LAND REQUIRED FOR OPERATION, MANY RACEWAY LOCATIONS ARE OFTEN RURAL AND ILL-SUITED FOR MAIN- STREAM RETAIL unique reality: Dominion Raceway s solution is strategic positioning next to Interstate 95. There is no substantial increase in local noise polution. This allows the facility to be located much closer to dense populations. No. 2 perception: CASUAL CONSUMERS RESIDING IN METROPOLITAN AREAS ARE OFTEN DETERRED FROM ATTENDING RACETRACK EVENTS DUE TO THE TIME REQUIRED TO TRAVEL TO AND FROM THE FACILITY unique reality: The Dominion facility is located.1 miles south of Fredericksburg, 44.5 miles north of Richmond, and is easily accessible from anywhere in the greater Washington D.C. area. Entry to the facility is conveniently positioned 400 feet from I-95 exit ramps. No. 3 perception: RACETRACKS ATTRACT A NARROW AUDIENCE. unique reality: Unlike traditional race facilities, Dominion features three different styles of race track: oval, road course, and drag strip. Effectively attracting all avenues of motorsport fans and participants. An onsite go-kart track complements this providing a racing experience outside of spectating or professional participation. In addition, a 37,000 SF events building, serves as host to large race crowds, corporate functions, and other events. No. 4 perception: DUE TO THE SEASONAL NATURE OF EVENTS, ATTENDANCE IS NOT CONSISTENT. unique reality: Additional attractions available outside of race events provide healthy traffic counts regardless of the race schedule. Planned quick service, hospitality, and destination retail developments ensures traffic to the facility will only increase as the project matures. Proposed ramp improvements to the I-95/ Route 606 interchange include new access road, rotary, and mutliple new on/off ramps. 7

10 SUSTAINABILITY & VISION PROOF POINTS fact ATTENDANCE TO ALL AUTO RACING TRACK EVENTS IN THE UNITED STATES, EXCLUDING ISC AND SMI TRACKS*, INCREASED FROM 2.16 MILLION IN 20 TO OVER 2.6 MILLION BY THE END OF Fall 20 Spring 2014 Fall 2014 Spring NUMBER OF PEOPLE IN MILLIONS vision: The collective goal of the facility is to satisfy both hardcore race fans and auto enthusiasts, and the casual consumer. strategy: The proposed developments and location of Dominion Raceway allows for access and exposure to consumers who previously may have never considered racetrack patronage. vision: Favorable development opportunities for businesses focused on interstate traffic, destination retail unrelated to racing, and enterprises focused in the automotive industry. strategy: Quick service, fuel, and hospitality will be the focus for traffic driven from the interstate. Breweries, dealerships, and destination retail will have a synergistic effect by drawing traffic independent of the raceway. The aftermarket automotive industry will be a large focus for the development. Several large online/catalog parts suppliers have branched into some form of brick and mortar retail offering. These are often coupled with parts distribution warehouses. Dominion Raceway s road course mirrors the area where the auto racing industry has seen the most recent growth. All the while, being protected when consumer preference inevitably changes by virtue of its three distinct track styles. Based on 2016 totals, Dominion Raceway & Entertainment forecasts a 10% increase (+225,000 guests) in attendance in 20.** Source: statista.com *publicly traded companies whose facilities cater predominantly to NASCAR and IndyCar **20 projections based off 2016 attendance records, additional attractions, and scheduled events. Data provided by Dominion Raceway Holdings, LLC vision: Consistent population growth, New developments, and planned infrastructure improvements ensure consistent growth. strategy: A Walmart anchored development is scheduled to open 2020, in neighboring Ladysmith, one exit south. Southpoint, Cosner s Corner, Lee s Hill, and Massaponax developments are seeing recent growth, and are all located one exit north. 8

11 Don t get lapped CALL TODAY THOMAS RAINES Associate thomas.raines@thalhimer.com VIRGIL NELSON, CCIM Senior Vice President virgil.nelson@thalhimer.com NICKI JASSY Senior Vice President nicki.jassy@thalhimer.com 9