Belmont Village Shopping Center

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1 Belmont Village Shopping Center FOR SALE ROCKY MOUNT, NC Real Estate Associates is pleased to offer for sale Belmont Village Shopping Center, a 52,200 sq. ft. Food Lion anchored retail center built in 2001 and currently 97% leased. The center is conveniently situated in Rocky Mount along North Wesleyan Boulevard (US-301) with close proximity to I-95 and US-64. McDonald s is located on an existing outparcel in front of the center, but is not included in the sale. The site sits across from a new Sheetz convenience store facility, built in The sales price equates to a +/- 11.0% cap rate. Located less than an hour s drive from Raleigh and the greater Triangle region, Rocky Mount is the gateway to eastern North Carolina. Belmont Village is located adjacent to NC Wesleyan College (enrollment of 2,092 students) and Belmont Lake Preserve, a 1,400 acre master-planned, gated golf course community. Belmont Village offers convenience and accessibility to numerous family and student households, and is within close proximity to the Rocky Mount Mills mixed-use redevelopment project and the proposed CSX facility. SETH J. JERNIGAN, CCIM Direct: Mobile: sjernigan@realestateassoc.com CAREY GREENE Direct: Mobile: cgreene@realestateassoc.com

2 Property Details Parcel Details Location Building Size Acreage Year Built Bishop Road Rocky Mount, NC ± 52,200 SF Sale Price $3,470,000 Close Proximity To ± Acres (includes adjacent vacant lot) US-301, I-95, US-64, Wesleyan College Parcel Address 3936 Bishop Road 3754 N. Wesleyan Blvd Tax PIN Acreage ± 6.89 Acres ± 5.29 Acres Year Built 2001 N/A Parking 309 spaces (5.9 per 1,000 SF) N/A Zoning Utilities Commercial Corridor District (B-2CU) - City of Rocky Mount Water/Sewer/Gas - City of Rocky Mount Electric - Dominion Unknown Easements See Plat See Plat Construction Details Exterior Concrete Block and Brick Veneer Roof EPDM Membrane, 2001 Frame Foundation Utility Meters HVAC Fire Safety Metal Concrete Electric - Each space separately metered Gas - Each space separately metered Water - 4 meters Suites 3804, 3906, 3908, 3910, 3912 Suites 3918, 3920,3922, 3924 Suite 3936 (Food Lion) Suite 3946 Individual rooftop units, gas heat 100% Sprinklered Parking Lot Seal coat and stripe 2010

3 Site Plan & Tenant Roster UNIT TENANT SQ. FT Edward Jones 1, Englewood Presbyterian Church 1, Aeryn Jones 1, Kim s Nails 1, Smoke Em Up Tobacco Shop 1, Northside Family Pharmacy 1, Northside Family Pharmacy 1, Hong Kong Restaurant 1, VACANT 1, Food Lion 33, Hot One Beauty Supply 7,200

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6 Aerial & Demographics Neighborhood 2017 Demographics 1 Mile 3 Miles 5 Miles Population 676 9,108 19,476 Number of Households 122 3,276 7,875 Average Household Income $66,777 $58,351 $59,193 N WESLEYAN BLVD Belmont Lake Preserve SITE Wesleyan Village Townhomes BISHOP RD North Carolina Wesleyan College