(Average spent per household annually)

KEY FACTS

131,140Population

33.9

Median Age

2.3

Average Household Size

$63,367Median Household

Income

SPENDING ON EATING OUT

$412Breakfast

$1,261Lunch

$1,879Dinner

ANNUAL SPENDING PER HOUSEHOLD

$3,910Meals at Restaurants

$551Food & Drink on Trips

FAMILY RESTAURANT MARKET POTENTIAL

Spen

din

g in

the

last

30

day

s

<$31

$31-50

$51-100

$101-200

12,0008,0004,0000

Number of adults

BUSINESS

5,600Total Businesses

97,901Total Employees

This infographic contains data provided by Esri, Esri and Bureau of Labor Statistics, Esri and GfK MRI, Esri and Infogroup. The vintage of the data is 2019, 2024. © 2020 Esri

Retail MarketPlace Profile2520 Fayetteville St, Durham, North Carolina, 27707 Prepared by EsriDrive Time Band: 0 - 5 minute radius Latitude: 35.96845

Longitude: -78.90303

Summary Demographics2019 Population 18,4372019 Households 6,7392019 Median Disposable Income $26,6542019 Per Capita Income $18,135

NAICS Demand Supply Retail Gap Leakage/Surplus Number of2017 Industry Summary (Retail Potential) (Retail Sales) Factor Businesses

Total Retail Trade and Food & Drink 44-45,722 $142,735,209 $75,083,196 $67,652,013 31.1 63Total Retail Trade 44-45 $128,798,956 $64,439,219 $64,359,737 33.3 43Total Food & Drink 722 $13,936,253 $10,643,978 $3,292,275 13.4 21

NAICS Demand Supply Retail Gap Leakage/Surplus Number of2017 Industry Group (Retail Potential) (Retail Sales) Factor Businesses

Motor Vehicle & Parts Dealers 441 $27,361,506 $11,805,608 $15,555,898 39.7 2 Automobile Dealers 4411 $22,557,782 $11,760,801 $10,796,981 31.5 2 Other Motor Vehicle Dealers 4412 $2,056,425 $0 $2,056,425 100.0 0 Auto Parts, Accessories & Tire Stores 4413 $2,747,298 $0 $2,747,298 100.0 0Furniture & Home Furnishings Stores 442 $4,976,262 $795,027 $4,181,235 72.4 1 Furniture Stores 4421 $3,150,811 $512,888 $2,637,923 72.0 1 Home Furnishings Stores 4422 $1,825,452 $282,139 $1,543,313 73.2 1Electronics & Appliance Stores 443 $3,901,166 $0 $3,901,166 100.0 0Bldg Materials, Garden Equip. & Supply Stores 444 $7,917,732 $6,691,970 $1,225,762 8.4 5 Bldg Material & Supplies Dealers 4441 $7,438,509 $5,365,577 $2,072,932 16.2 4 Lawn & Garden Equip & Supply Stores 4442 $479,223 $1,326,393 -$847,170 -46.9 1Food & Beverage Stores 445 $23,339,891 $21,987,110 $1,352,781 3.0 13 Grocery Stores 4451 $21,707,691 $21,666,166 $41,525 0.1 13 Specialty Food Stores 4452 $852,581 $138,352 $714,229 72.1 1 Beer, Wine & Liquor Stores 4453 $779,619 $0 $779,619 100.0 0Health & Personal Care Stores 446,4461 $8,088,142 $5,219,183 $2,868,959 21.6 2Gasoline Stations 447,4471 $14,197,925 $11,198,762 $2,999,163 11.8 5Clothing & Clothing Accessories Stores 448 $6,166,900 $387,874 $5,779,026 88.2 2 Clothing Stores 4481 $4,062,275 $347,932 $3,714,343 84.2 2 Shoe Stores 4482 $1,000,598 $0 $1,000,598 100.0 0 Jewelry, Luggage & Leather Goods Stores 4483 $1,104,027 $0 $1,104,027 100.0 0Sporting Goods, Hobby, Book & Music Stores 451 $3,391,667 $943,203 $2,448,464 56.5 2 Sporting Goods/Hobby/Musical Instr Stores 4511 $2,827,331 $734,662 $2,092,669 58.7 1 Book, Periodical & Music Stores 4512 $564,336 $208,541 $355,795 46.0 1General Merchandise Stores 452 $21,723,322 $1,587,590 $20,135,732 86.4 1 Department Stores Excluding Leased Depts. 4521 $15,602,911 $0 $15,602,911 100.0 0 Other General Merchandise Stores 4529 $6,120,411 $1,442,588 $4,677,823 61.9 1Miscellaneous Store Retailers 453 $5,633,548 $2,355,536 $3,278,012 41.0 9 Florists 4531 $164,540 $147,760 $16,780 5.4 1 Office Supplies, Stationery & Gift Stores 4532 $1,177,216 $469,059 $708,157 43.0 2 Used Merchandise Stores 4533 $674,979 $420,850 $254,129 23.2 1 Other Miscellaneous Store Retailers 4539 $3,616,814 $1,317,868 $2,298,946 46.6 5Nonstore Retailers 454 $2,100,894 $1,296,942 $803,952 23.7 1 Electronic Shopping & Mail-Order Houses 4541 $1,537,920 $0 $1,537,920 100.0 0 Vending Machine Operators 4542 $127,938 $0 $127,938 100.0 0 Direct Selling Establishments 4543 $435,037 $1,280,442 -$845,405 -49.3 1Food Services & Drinking Places 722 $13,936,253 $10,643,978 $3,292,275 13.4 21 Special Food Services 7223 $123,167 $566,235 -$443,068 -64.3 3 Drinking Places - Alcoholic Beverages 7224 $930,690 $0 $930,690 100.0 0 Restaurants/Other Eating Places 7225 $12,882,396 $10,010,547 $2,871,849 12.5 18

Data Note: Supply (retail sales) estimates sales to consumers by establishments. Sales to businesses are excluded. Demand (retail potential) estimates the expected amount spent by consumers at retail establishments. Supply and demand estimates are in current dollars. The Leakage/Surplus Factor presents a snapshot of retail opportunity. This is a measure of the relationship between supply and demand that ranges from +100 (total leakage) to -100 (total surplus). A positive value represents 'leakage' of retail opportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn in from outside the trade area. The Retail Gap represents the difference between Retail Potential and Retail Sales. Esri uses the North American Industry Classification System (NAICS) to classify businesses by their primary type of economic activity. Retail establishments are classified into 27 industry groups in the Retail Trade sector, as well as four industry groups within the Food Services & Drinking Establishments subsector. For more information on the Retail MarketPlace data, please click the link below to view the Methodology Statement.http://www.esri.com/library/whitepapers/pdfs/esri-data-retail-marketplace.pdf

Source: Esri and Infogroup. Esri 2019 Updated Demographics. Esri 2017 Retail MarketPlace. Copyright 2019 Esri. Copyright 2017 Infogroup, Inc. All rights reserved.

April 02, 2020

©2020 Esri Page 1 of 6

Retail MarketPlace Profile2520 Fayetteville St, Durham, North Carolina, 27707 Prepared by EsriDrive Time Band: 0 - 5 minute radius Latitude: 35.96845

Longitude: -78.90303

2017 Leakage/Surplus Factor by Industry Subsector2017 Leakage/Surplus Factor by Industry Subsector

Food Services & Drinking Places Nonstore Retailers

Miscellaneous Store Retailers General Merchandise Stores

Sporting Goods, Hobby, Book, and Music Stores Clothing and Clothing Accessories Stores

Gasoline Stations Health & Personal Care Stores

Food & Beverage Stores Bldg Materials, Garden Equip. & Supply Stores

Electronics & Appliance Stores Furniture & Home Furnishings Stores

Motor Vehicle & Parts Dealers

Leakage/Surplus Factor95908580757065605550454035302520151050

2017 Leakage/Surplus Factor by Industry Group2017 Leakage/Surplus Factor by Industry Group

Restaurants/Other Eating Places

Drinking Places (Alcoholic Beverages)

Special Food Services

Direct Selling Establishments

Vending Machine Operators

Electronic Shopping and Mail-Order Houses

Other Miscellaneous Store Retailers Used Merchandise Stores

Office Supplies, Stationery, and Gift Stores

Florists

Other General Merchandise Stores

Department Stores (Excluding Leased Depts.)

Book, Periodical, and Music Stores

Jewelry, Luggage, and Leather Goods Stores

Shoe Stores

Clothing Stores

Gasoline Stations

Health & Personal Care Stores

Beer, Wine, and Liquor Stores

Specialty Food Stores

Grocery Stores

Lawn and Garden Equipment and Supplies Stores Building Material and Supplies Dealers

Electronics & Appliance Stores

Home Furnishings Stores

Furniture Stores

Auto Parts, Accessories, and Tire Stores

Other Motor Vehicle Dealers

Automobile Dealers

Leakage/Surplus Factor100806040200-20-40-60

Source: Esri and Infogroup. Esri 2019 Updated Demographics. Esri 2017 Retail MarketPlace. Copyright 2019 Esri. Copyright 2017 Infogroup, Inc. All rights reserved.

April 02, 2020

©2020 Esri Page 2 of 6

Restaurant Market Potential2520 Fayetteville St, Durham, North Carolina, 27707 Prepared by EsriDrive Time Band: 0 - 5 minute radius Latitude: 35.96845

Longitude: -78.90303

Demographic Summary 2019 2024Population 18,437 20,133Population 18+ 14,442 15,679Households 6,739 7,491Median Household Income $31,655 $36,922

Expected Number of Product/Consumer Behavior Adults Percent MPI

Went to family restaurant/steak house in last 6 months 9,873 68.4% 91Went to family restaurant/steak house 4+ times/month 3,635 25.2% 95Spent at family restaurant/30 days: <$1-30 978 6.8% 84Spent at family restaurant/30 days: $31-50 1,226 8.5% 88Spent at family restaurant/30 days: $51-100 1,542 10.7% 72Spent at family restaurant/30 days: $101-200 1,024 7.1% 75Family restaurant/steak house last 6 months: breakfast 1,688 11.7% 88Family restaurant/steak house last 6 months: lunch 2,380 16.5% 85Family restaurant/steak house last 6 months: dinner 4,995 34.6% 75Family restaurant/steak house last 6 months: snack 396 2.7% 140Family restaurant/steak house last 6 months: weekday 3,613 25.0% 82Family restaurant/steak house last 6 months: weekend 4,607 31.9% 77Fam rest/steak hse/6 months: Applebee`s 3,307 22.9% 105Fam rest/steak hse/6 months: Bob Evans Farms 545 3.8% 122Fam rest/steak hse/6 months: Buffalo Wild Wings 1,482 10.3% 98Fam rest/steak hse/6 months: California Pizza Kitchen 381 2.6% 96Fam rest/steak hse/6 months: Carrabba`s Italian Grill 442 3.1% 106Fam rest/steak hse/6 months: The Cheesecake Factory 990 6.9% 94Fam rest/steak hse/6 months: Chili`s Grill & Bar 1,498 10.4% 96Fam rest/steak hse/6 months: CiCi`s 885 6.1% 215Fam rest/steak hse/6 months: Cracker Barrel 1,217 8.4% 77Fam rest/steak hse/6 months: Denny`s 1,492 10.3% 123Fam rest/steak hse/6 months: Golden Corral 1,674 11.6% 167Fam rest/steak hse/6 months: IHOP 1,391 9.6% 96Fam rest/steak hse/6 months: Logan`s Roadhouse 504 3.5% 110Fam rest/steak hse/6 months: LongHorn Steakhouse 820 5.7% 110Fam rest/steak hse/6 months: Olive Garden 1,905 13.2% 79Fam rest/steak hse/6 months: Outback Steakhouse 1,062 7.4% 89Fam rest/steak hse/6 months: Red Lobster 1,955 13.5% 139Fam rest/steak hse/6 months: Red Robin 716 5.0% 71Fam rest/steak hse/6 months: Ruby Tuesday 920 6.4% 138Fam rest/steak hse/6 months: Texas Roadhouse 1,154 8.0% 81Fam rest/steak hse/6 months: T.G.I. Friday`s 1,408 9.7% 179Fam rest/steak hse/6 months: Waffle House 1,290 8.9% 154Went to fast food/drive-in restaurant in last 6 months 12,808 88.7% 98Went to fast food/drive-in restaurant 9+ times/month 5,354 37.1% 94Spent at fast food restaurant/30 days: <$1-10 543 3.8% 83Spent at fast food restaurant/30 days: $11-$20 1,589 11.0% 102Spent at fast food restaurant/30 days: $21-$40 2,211 15.3% 94Spent at fast food restaurant/30 days: $41-$50 966 6.7% 77Spent at fast food restaurant/30 days: $51-$100 1,934 13.4% 81Spent at fast food restaurant/30 days: $101-$200 959 6.6% 81Spent at fast food restaurant/30 days: $201+ 361 2.5% 81

Data Note: An MPI (Market Potential Index) measures the relative likelihood of the adults in the specified trade area to exhibit certain consumer behavior or purchasing patterns compared to the U.S. An MPI of 100 represents the U.S. average.Source: These data are based upon national propensities to use various products and services, applied to local demographic composition. Usage data were collected by GfK MRI in a nationally representative survey of U.S. households. Esri forecasts for 2019 and 2024.

April 02, 2020

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Metro Renters

Dominant Tapestry Segment

33.9Median

Age

131,140Total Population

$241,241Median Home Value

5,600Businesses

184,904Daytime Population

$63,367Median Household

Income

$38,496Per Capita Income

2520 Fayetteville St, Durham, North Carolina, 27707

KEY FACTS

KEY SPENDING FACTS

2.3Avg Household

Size

2.4%2010-2019 Pop

Growth Rate

$4,000

$3,000

$2,000

$1,000

$0

FurnitureEntertainmentApparelTransportationTravel

$3,339.96

$2,358.5$2,267.47

$905.5 $666.29

This infographic contains data provided by Esri,Esri and Bureau of Labor Statistics, Esri and Infogroup. The vintage of the data is 2019, 2024.

© 2020 Esri

Spending facts are average annual dollars per household

Each Office Independently Owned and Operated kwcommercial.com/commercial/index.html

KW COMMERCIAL245 NC-54 Suite 101Durham, NC 27713

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

VANDAN GANDHI, CCIMCommercial Broker0: 919.475.5769van.kwcommercial@gmail.comNC #247850

2520 Fayettevil le St, Durham, NC 27707

GROUND LEASE - .46 ACRES IN DURHAM

LAND FOR LEASE