14
All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. svnpercivalpartners.com 1 Pricing: Please Call (11) Out Parcels: Anchor/Jr. Box: 1.12-2.64 acres 25 acre Anchor/Jr Box Site Available APN #: 0013-00-051.00-001 and 0013-00-068.00 Zoning: B-3 Delivery "Pad Ready" out parcels Market: Fort Mill Sub Market: Lancaster County Submarket Cross Streets: Charlotte Highway (Hwy 521) & Shelley Mullis Road Out Parcels - Retail - Office/Medial Sites Available Presented by Property Overview Property Overview Charlotte Hwy (Hwy 521)and Shelley Mullis Road • Fort Mill, SC 29707 Property 45 acres with 1,600 linear feet of frontage along the desirable Hwy 521 corridor Access is provided by an existing traffic signal and (4) curb cuts. Zoning allows for retail, medical, assisted living facilities and general office uses Location Southeast Corner of Hwy 521 and Shelley Mullis Road Fort Mill, SC 29707 Strategically located to serve the Fort Mill, Indian Land, Marvin, Weddington, Waxhaw townships Traffic Counts: 26,000 cpd 1,350 New Housing Permits issues between 2013 through August 2014 - Lancaster panhandle $100,000 Average Household Income within 5 miles 5.8% annual growth rate 2010-2013 within 1 mile 4.66 annual growth rate 2010-2013 within 3 miles [email protected] NC #155972 THOMAS AUER 704.632.1019 New Mixed Use Development

New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

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Page 1: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com1

Pricing: Please Call

(11) Out Parcels:

Anchor/Jr. Box:

1.12-2.64 acres

25 acre Anchor/Jr BoxSite Available

APN #: 0013-00-051.00-001and 0013-00-068.00

Zoning: B-3

Delivery "Pad Ready" out parcels

Market: Fort Mill

Sub Market: Lancaster CountySubmarket

Cross Streets: Charlotte Highway (Hwy521) & Shelley MullisRoad

Out Parcels - Retail - Office/Medial Sites Available

Presented by

Property Overview

Property Overview

Charlotte Hwy (Hwy 521)and Shelley Mullis Road • Fort Mill, SC 29707

Property 45 acres with 1,600 linear feet of frontage along the desirable Hwy 521 corridor

Access is provided by an existing traffic signal and (4) curb cuts.

Zoning allows for retail, medical, assisted living facilities and general office uses

Location Southeast Corner of Hwy 521 and Shelley Mullis Road Fort Mill, SC 29707

Strategically located to serve the Fort Mill, Indian Land, Marvin, Weddington, Waxhaw townships

Traffic Counts: 26,000 cpd

1,350 New Housing Permits issues between 2013 through August 2014 - Lancaster panhandle

$100,000 Average Household Income within 5 miles

5.8% annual growth rate 2010-2013 within 1 mile

4.66 annual growth rate 2010-2013 within 3 miles

[email protected] #155972

THOMAS AUER704.632.1019

New Mixed Use Development

Page 2: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Add title hereNEW MIXED USE DEVELOPMENT Retailer Map

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com2

Page 3: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Add title hereNEW MIXED USE DEVELOPMENT Southwest View

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com3

Page 4: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Site Plan

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com4

NEW MIXED USE DEVELOPMENT Master Site Plan

Sites available: Anchor/Jr Anchor, Out parcels, Small shop space

* Phase 1 Includes (11) out parcels, delivered pad ready with utilities, storm water,access drives and all off site improvements in place.

* Out parcels as shown above range from 1.12 acres -2.64 acres. Boundaries can be re- sized

* Anchor box site of 25 acres is available

* Access is via existing traffic signal at Shelly Mullis and (4) driveways

Page 5: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Site Plan

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com5

NEW MIXED USE DEVELOPMENT Connector Road Illustration

Map of Feeder Roads

* Roads colored white are feeder roads to the intersection of Shelley Mullis andHwy 521.

* 5 public schools are located within 3 miles of the site.

* Traffic counts on Hwy 521 are 26,000 cpd

* Traffic couts on Shelly Mullis are 4,400 cpd

Page 6: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Add title hereNEW MIXED USE DEVELOPMENT 2014 Union County & Lancaster CountyNew Housing Starts

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com6

Page 7: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Add title hereNEW MIXED USE DEVELOPMENT 2013 Union County & Lancaster CountyNew Housing Starts

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com7

Page 8: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Demographic and Income ProfileHwy 521 & Shelley Mullis Prepared by Esri8021 Shelley Mullis Rd, Fort Mill, South Carolina, 29707 Latitude: 34.94941Ring: 1 mile radius Longitude: -80.84589

Summary Census 2010 2015 2020Population 814 1,042 1,289Households 421 536 663Families 318 400 492Average Household Size 1.93 1.94 1.94Owner Occupied Housing Units 391 488 601Renter Occupied Housing Units 30 48 62Median Age 49.8 50.9 52.7

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 4.35% 0.99% 0.75%Households 4.34% 1.05% 0.77%Families 4.23% 0.94% 0.69%Owner HHs 4.25% 1.03% 0.70%Median Household Income 2.03% 2.94% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 45 8.4% 48 7.2%$15,000 - $24,999 37 6.9% 30 4.5%$25,000 - $34,999 55 10.3% 47 7.1%$35,000 - $49,999 98 18.3% 109 16.4%$50,000 - $74,999 148 27.6% 196 29.6%$75,000 - $99,999 61 11.4% 90 13.6%$100,000 - $149,999 72 13.4% 113 17.0%$150,000 - $199,999 10 1.9% 15 2.3%$200,000+ 11 2.1% 15 2.3%

Median Household Income $53,668 $59,340Average Household Income $65,425 $73,881Per Capita Income $28,373 $32,023

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 49 6.0% 55 5.3% 59 4.6%5 - 9 45 5.5% 60 5.8% 67 5.2%10 - 14 37 4.6% 56 5.4% 75 5.8%15 - 19 31 3.8% 41 3.9% 60 4.7%20 - 24 22 2.7% 30 2.9% 34 2.6%25 - 34 83 10.2% 76 7.3% 80 6.2%35 - 44 99 12.2% 127 12.2% 138 10.7%45 - 54 83 10.2% 129 12.4% 171 13.3%55 - 64 150 18.5% 150 14.4% 197 15.3%65 - 74 158 19.4% 222 21.3% 242 18.8%75 - 84 48 5.9% 80 7.7% 139 10.8%

85+ 8 1.0% 17 1.6% 26 2.0%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 730 89.8% 928 89.1% 1,141 88.5%Black Alone 55 6.8% 70 6.7% 85 6.6%American Indian Alone 3 0.4% 5 0.5% 7 0.5%Asian Alone 9 1.1% 13 1.2% 19 1.5%Pacific Islander Alone 0 0.0% 0 0.0% 0 0.0%Some Other Race Alone 7 0.9% 11 1.1% 15 1.2%Two or More Races 9 1.1% 15 1.4% 22 1.7%

Hispanic Origin (Any Race) 31 3.8% 45 4.3% 62 4.8%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 04, 2016

©2015 Esri Page 1 of 6

Page 9: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Demographic and Income ProfileHwy 521 & Shelley Mullis Prepared by Esri8021 Shelley Mullis Rd, Fort Mill, South Carolina, 29707 Latitude: 34.94941Ring: 1 mile radius Longitude: -80.84589

AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t)

4

3.5

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20152020

Population by AgePopulation by Age

Perc

ent

20181614121086420

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2015 Household Income 2015 Household Income

<$15K8.4%

$15K - $24K6.9%

$25K - $34K10.2%$35K - $49K

18.2%

$50K - $74K27.6%

$75K - $99K11.4%

$100K - $149K13.4%

$150K - $199K1.9%

$200K+2.0%

2015 Population by Race2015 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2015 Percent Hispanic Origin: 4.3%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 04, 2016

©2015 Esri Page 2 of 6

Page 10: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Demographic and Income ProfileHwy 521 & Shelley Mullis Prepared by Esri8021 Shelley Mullis Rd, Fort Mill, South Carolina, 29707 Latitude: 34.94941Ring: 3 mile radius Longitude: -80.84589

Summary Census 2010 2015 2020Population 14,182 18,254 22,082Households 5,737 7,437 9,003Families 4,359 5,605 6,747Average Household Size 2.47 2.45 2.45Owner Occupied Housing Units 5,226 6,653 8,021Renter Occupied Housing Units 511 784 982Median Age 42.8 44.8 46.8

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 3.88% 0.99% 0.75%Households 3.90% 1.05% 0.77%Families 3.78% 0.94% 0.69%Owner HHs 3.81% 1.03% 0.70%Median Household Income 2.02% 2.94% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 602 8.1% 624 6.9%$15,000 - $24,999 440 5.9% 350 3.9%$25,000 - $34,999 647 8.7% 551 6.1%$35,000 - $49,999 1,175 15.8% 1,294 14.4%$50,000 - $74,999 1,888 25.4% 2,436 27.1%$75,000 - $99,999 1,004 13.5% 1,359 15.1%$100,000 - $149,999 1,079 14.5% 1,596 17.7%$150,000 - $199,999 264 3.5% 359 4.0%$200,000+ 337 4.5% 435 4.8%

Median Household Income $58,523 $64,667Average Household Income $76,491 $84,651Per Capita Income $31,359 $34,717

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,003 7.1% 1,148 6.3% 1,241 5.6%5 - 9 978 6.9% 1,294 7.1% 1,435 6.5%10 - 14 810 5.7% 1,175 6.4% 1,548 7.0%15 - 19 653 4.6% 834 4.6% 1,185 5.4%20 - 24 404 2.8% 588 3.2% 646 2.9%25 - 34 1,634 11.5% 1,547 8.5% 1,592 7.2%35 - 44 2,076 14.6% 2,585 14.2% 2,870 13.0%45 - 54 1,719 12.1% 2,427 13.3% 3,003 13.6%55 - 64 2,166 15.3% 2,369 13.0% 3,078 13.9%65 - 74 2,013 14.2% 3,005 16.5% 3,306 15.0%75 - 84 602 4.2% 1,049 5.7% 1,838 8.3%

85+ 123 0.9% 231 1.3% 342 1.5%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 12,553 88.5% 15,977 87.5% 19,151 86.7%Black Alone 968 6.8% 1,256 6.9% 1,485 6.7%American Indian Alone 71 0.5% 97 0.5% 129 0.6%Asian Alone 217 1.5% 364 2.0% 525 2.4%Pacific Islander Alone 3 0.0% 5 0.0% 6 0.0%Some Other Race Alone 190 1.3% 270 1.5% 372 1.7%Two or More Races 179 1.3% 284 1.6% 413 1.9%

Hispanic Origin (Any Race) 693 4.9% 980 5.4% 1,324 6.0%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 04, 2016

©2015 Esri Page 3 of 6

Page 11: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Demographic and Income ProfileHwy 521 & Shelley Mullis Prepared by Esri8021 Shelley Mullis Rd, Fort Mill, South Carolina, 29707 Latitude: 34.94941Ring: 3 mile radius Longitude: -80.84589

AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t) 3.5

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20152020

Population by AgePopulation by Age

Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2015 Household Income 2015 Household Income

<$15K8.1%

$15K - $24K5.9%

$25K - $34K8.7%

$35K - $49K15.8%

$50K - $74K25.4%

$75K - $99K13.5%

$100K - $149K14.5%

$150K - $199K3.6%

$200K+4.5%

2015 Population by Race2015 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2015 Percent Hispanic Origin: 5.4%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 04, 2016

©2015 Esri Page 4 of 6

Page 12: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Demographic and Income ProfileHwy 521 & Shelley Mullis Prepared by Esri8021 Shelley Mullis Rd, Fort Mill, South Carolina, 29707 Latitude: 34.94941Ring: 5 mile radius Longitude: -80.84589

Summary Census 2010 2015 2020Population 38,319 48,889 58,046Households 13,557 17,344 20,633Families 10,832 13,711 16,200Average Household Size 2.83 2.82 2.81Owner Occupied Housing Units 12,132 15,168 17,972Renter Occupied Housing Units 1,425 2,176 2,661Median Age 38.3 39.6 40.2

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 3.49% 0.99% 0.75%Households 3.53% 1.05% 0.77%Families 3.39% 0.94% 0.69%Owner HHs 3.45% 1.03% 0.70%Median Household Income 1.64% 2.94% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 1,170 6.7% 1,194 5.8%$15,000 - $24,999 866 5.0% 677 3.3%$25,000 - $34,999 1,167 6.7% 993 4.8%$35,000 - $49,999 2,039 11.8% 2,242 10.9%$50,000 - $74,999 3,685 21.2% 4,639 22.5%$75,000 - $99,999 2,423 14.0% 3,001 14.5%$100,000 - $149,999 2,796 16.1% 3,496 16.9%$150,000 - $199,999 1,409 8.1% 2,040 9.9%$200,000+ 1,789 10.3% 2,351 11.4%

Median Household Income $72,542 $78,696Average Household Income $100,193 $110,350Per Capita Income $36,162 $39,921

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 2,892 7.5% 3,434 7.0% 3,891 6.7%5 - 9 3,592 9.4% 4,309 8.8% 4,821 8.3%10 - 14 3,190 8.3% 4,200 8.6% 5,095 8.8%15 - 19 2,293 6.0% 2,934 6.0% 3,737 6.4%20 - 24 1,128 2.9% 1,903 3.9% 2,076 3.6%25 - 34 3,899 10.2% 4,262 8.7% 4,925 8.5%35 - 44 6,846 17.9% 8,020 16.4% 9,130 15.7%45 - 54 5,471 14.3% 7,274 14.9% 8,311 14.3%55 - 64 4,456 11.6% 5,462 11.2% 6,761 11.6%65 - 74 3,290 8.6% 5,010 10.2% 5,939 10.2%75 - 84 1,017 2.7% 1,684 3.4% 2,808 4.8%

85+ 243 0.6% 396 0.8% 550 0.9%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 32,428 84.6% 40,702 83.3% 47,467 81.8%Black Alone 2,857 7.5% 3,832 7.8% 4,667 8.0%American Indian Alone 628 1.6% 660 1.3% 715 1.2%Asian Alone 1,176 3.1% 1,844 3.8% 2,649 4.6%Pacific Islander Alone 10 0.0% 15 0.0% 22 0.0%Some Other Race Alone 490 1.3% 728 1.5% 991 1.7%Two or More Races 730 1.9% 1,108 2.3% 1,535 2.6%

Hispanic Origin (Any Race) 1,916 5.0% 2,781 5.7% 3,753 6.5%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 04, 2016

©2015 Esri Page 5 of 6

Page 13: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

Demographic and Income ProfileHwy 521 & Shelley Mullis Prepared by Esri8021 Shelley Mullis Rd, Fort Mill, South Carolina, 29707 Latitude: 34.94941Ring: 5 mile radius Longitude: -80.84589

AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t)

3.5

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20152020

Population by AgePopulation by Age

Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2015 Household Income 2015 Household Income

<$15K6.7%

$15K - $24K5.0%

$25K - $34K6.7%

$35K - $49K11.8%

$50K - $74K21.2%

$75K - $99K14.0%

$100K - $149K16.1%

$150K - $199K8.1%

$200K+10.3%

2015 Population by Race2015 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2015 Percent Hispanic Origin: 5.7%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 04, 2016

©2015 Esri Page 6 of 6

Page 14: New Mixed Use Development - LoopNet...11.4% $100K - $149K 13.4% $150K - $199K 1.9% $200K+ 2.0% 2015 Population by Race P e r c e n t 80 70 60 50 40 30 20 10 0 White Black Am. Ind

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

svnpercivalpartners.com14

NEW RETAIL DEVELOPMENT Confidentiality & Disclaimer

The material contained in this Investment OfferingBrochure is furnished solely for the purpose of consideringthe purchase of the property within and is not to be usedfor any other purpose. This information should not, underany circumstances, be photocopied or disclosed to anythird party without the written consent of Sperry Van Nessor Owner, or used for any purpose whatsoever other thanto evaluate the possible purchase of the Property.

The only party authorized to represent the Property Owner(“Owner”) in connection with the sale of the Property is theSperry Van Ness Advisor listed in this proposal, and noother person is authorized by the Owner to provide anyinformation or to make any representations other thancontained in this Investment Offering Brochure. If theperson receiving these materials does not choose topursue a purchase of the Property, this Offering Brochuremust be returned to Sperry Van Ness.

Neither the Sperry Van Ness Advisor nor the Owner makeany representation or warranty, express or implied, as tothe accuracy or completeness of the information containedherein, and nothing contained herein is or shall be reliedupon as a promise or representation as to the futureperformance of the Property. This Offering Brochure mayinclude certain statements and estimates by Sperry VanNess with respect to the projected future performance ofthe Property. These Assumptions may or may not be provento be correct, and there can be no assurance that suchestimates will be achieved. Further, the Sperry Van NessAdvisor and the Owner disclaim any and all liability forrepresentations or warranties, expressed or implied,contained in or omitted from this Investment OfferingBrochure, or any other written or oral communicationtransmitted or made available to the recipient. Therecipient shall be entitled to rely solely on thoserepresentations

and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreementbetween it and Owner.

The information contained herein is subject to changewithout notice and the recipient of these materials shallnot look to Owner or the Sperry Van Ness Advisor, nor anyof their officers, employees, representatives, independentcontractors or affiliates, for the accuracy or completenessthereof. Recipients of this Investment Offering Brochure areadvised and encouraged to conduct their owncomprehensive review and analysis of the Property.

This Investment Offering Brochure is a solicitation ofinterest only and is not an offer to sell the Property. TheOwner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase theProperty and expressly reserves the right, at its solediscretion, to terminate negotiations with any entity, forany reason, at any time with or without notice. The Ownershall have no legal commitment or obligation to any entityreviewing the Investment Offering Brochure or making anoffer to purchase the Property unless and until the Ownerexecutes and delivers a signed Real Estate PurchaseAgreement on terms acceptable to Owner, in Owner’s solediscretion. By submitting an offer, a prospective purchaserwill be deemed to have acknowledged the foregoing andagreed to release the Owner and the Sperry Van NessAdvisor from any liability with respect thereto.

To the extent Owner or any agent of Owner correspondswith any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statementsas binding Owner. Only a fully executed Real EstatePurchase Agreement shall bind the property and eachprospective purchaser proceeds at its own risk.

Disclaimer | Confidentiality