5006 New Bern Avenue, Raleigh, NC 27610

• Great visibility and access from New Bern Ave | 36,000 VPD

• Major development projects nearby | Driving significant economic growth, housing expansion, and retail demand in the surrounding corridor | Includes a new ±60-acre mixed-use planned development

• Annual rent increases for each tenant | 2% & 3% respectively

• Explosive population growth within 1 mile | 30.74% from 2010-2025

• Substantial capital improvements made to both buildings recently (see p. 5)

• Attractive population density within a 5-mile radius | 187,981 residents

• Located across the street from Villages at Raleigh Beach | 420 units

• Large parcel | 1.80 acres

• Strong industrial presence nearby | 4.8M SF of space within a 2-mile radius

• Strong projected population growth over the next 5 years | 7.56% growth within a 1-mile radius

• Affluent surrounding area | $107,705 average household income within a

5-mile radius

• 3 miles from WakeMed Children’s Hospital | 665 beds

• 20 minutes from NC State University | 39,600 students | Largest university in the Carolinas

• 25 minutes from Raleigh-Durham International Airport | 400 flights per day

• Located near a top-performing Walmart Supercenter | Ranks in the 79th percentile in NC via Placer.ai

• Newly developed ALDI ranks among the strongest performers nationwide | 75th percentile via Placer.ai | Demonstrates the success of new developments in the area

• Nearby destination retailers | Walmart Supercenter, Target, Costco, Food Lion, ALDI, Lowes Foods, Wegmans, Trader Joe’s, Lowe’s, Home Depot, Sheetz, Tractor Supply Co., Chick-fil-A, Starbucks, McDonald’s, Arby’s, Bojangles, Zaxby’s, Cook Out, Popeyes, Applebee’s, Chili’s, First Watch, and more