197 S New Hope Rd, Gastonia, NC 28054

ATTRACTIVE LEASE FUNDAMENTALS

• Two-Tenant NNN Center

• Gabe’s Lease Includes 10% Increases at Each Option, Sauders Lease Includes 3% Increases at Each option

• Provides Built-In Inflation Hedge

• Current WALT of 2.73 Years

UPSIDE THROUGH NEAR-TERM RE-LEASING

• Short WALT (2.73 Years) Creates Opportunity to Capture Market Rent Growth

• Excellent ReTenanting Potential with Modernized Building and Strong Location Fundamentals

POSITIONED IN DENSE RETAIL NODE

• Within a 1-mile radius of the subject site is more than 2.7M SF of retail space

• Site is also positioned Along New Hope Road in Gastonia’s Main Retail Corridor

• Surrounded by National Credit Tenants Including Walmart, Target, and Lowe’s

• Excellent Accessibility and Visibility

NEARBY ANCILLARY CUSTOMER BASE

• Property Benefits from Continuous Traffic Between Akers Center and Eastridge Mall, Located Directly Across the Street

• Eastridge Mall is Anchored by Belk, Dillard’s, and Cinemark

• Constant Flow of Shoppers Provides Strong Ancillary Customer Base and Increased Sales Potential for On-Site Tenants

CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY

• Charlotte MSA has added more than 215K people from 2020 to 2024, making it the 5th fastest growing city in the country

• The Charlotte, NC region is expected to add 1.5 million residents and reach 4.5M by 2050

REGIONAL CONSUMER DRAW

• Gastonia Serves as a Primary Retail Hub for Western Charlotte Metro

• Over 114K Residents Within 5 Miles

• Steady Population and Income Growth Supports Tenant Sales