OVERLOOK VILLAGE ASHEVILLE, NC. GBT REALTY CORPORATION 9010 Overlook Boulevard Brentwood, TN t. (615) f. (615) US

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2 S. OVERLOOK VILLAGE TU EL N N Asheville Mall. RD JCPenney 00,0 21 AA Asheville Municipal Golf Course 795 Beds AA AA 00,0 57 Asheville High School 1,089 Students A SW R R NNANOA IVER D OA 2 1,00 0 Badcock HOME FURNITURE 40 23,480 Students 180 FT Faculty 484 PT Faculty 145 Acres 27 Buildings 40 S IT E D ESC RI PT I ON SHOPPING CENTER 85 S. TUNNEL RD ± ACRES 21,000 AA ON S. TUNNEL ROAD 57,000 ON I ,000 ON SWANNANOA RIVER ROAD Overlook Village is a 153,820 SF community center that sits along the main retail corridor within close proximity to I-240. It is shadow anchored by Whole Foods and adjacent to the Asheville Mall which is currently undergoing a major renovation set to be competed by end of 2017 Prominent national retailers around the immediate area include Belk, Best Buy, Lowe s Home Improvement, Home Depot, Target, Walmart and many others The center has 3 access points, two of which are signalized - allowing easy ingress/ egress

3 Asheville Mall JCPenney S. TUNNEL RD. 21,000 AA OVERLOOK VILLAGE 57,000 AA

4 OVERLOOK VILLAGE 0 AA 21,00 RD. NNEL S. TU 5 T AD 0A 7,00 Asheville Mall JCPenney

5 GREENSBORO ASHEVILLE NORTH CAROLINA RALEIGH HOLLY SPRINGS CHARLOTTE WILMINGTON DEMOGRAPHICS POPULATION 3 MILE 44,434 5 MILE 89,086 7 MILE 135,514 HOUSEHOLDS 3 MILE 20,449 5 MILE 40,239 7 MILE 59,887 AVERAGE HH INCOME 3 MILE $65,903 5 MILE $71,458 7 MILE $71,843 MEDIAN HH INCOME 3 MILE $46,731 5 MILE $53,287 7 MILE $53,627

6 Interstate ,500 VPD 8,500 SF 26,488 SF U.S. Highway 74/South Tunnel Rd - 19,500 VPD SITE INFORMATION SHOPPES LAND AREA ± AC RETAIL 153,820 SF CURRENT TENANTS 10 - AVAILABLE 26,488 SF 20 - TJ MAXX/HOME GOODS 45,189 SF 30 - JOANN FABRICS 22,835 SF 40 - CICI S PIZZA 4,260 SF 50 - LILY S AS SEEN ON TV 1,420 SF 60 - INDIA GARDEN 2,840 SF 70 - ASHEVILLE NAILS 1,420 SF 80 - MARINER FINANCE 1,420 SF 90- ULTRA TAN 2,960 SF EYEMART EXPRESS 2,905 SF SHOE CARNIVAL 8,840 SF AVAILABLE 8,500 SF ROSS DRESS FOR LESS 28,223 SF

7 THE CITY OF ASHEVILLE Asheville covers 42.5 square miles of Western North Carolina - housing the region s center for manufacturing, transportation, healthcare, banking, professional services, and retail One of the top cities for art, business, outdoor recreation, retirement, manufacturing, and quality of life Interstates 40, 26 and 240 connect this region to other thriving economic engines Asheville Regional Airport is the largest airport in western North Carolina and offers direct flights to many major cities Healthcare is the largest industry in the four-county Asheville MSA and makes up approximately 20% of employment Manufacturing makes up approximately 11% of employment Asheville Mall is nearing completion of a multi-million dollar renovation and is set to open for the 2017 holiday season Tourism is driven in part by the renowned Biltmore Estate and the Estate s more than 1 million annual visitors - it is a vital component to the overall Asheville economy. Its ripple effect of tourism benefits many other industries such as finance, real estate and business services Asheville s New Belgium Brewery offers a haven for beer enthusiasts just west of downtown Asheville on the French Broad River. It is the fourth largest craft brewery as defined by the Brewers Association with distribution to 45 states and British Columbia. It produces close to 1 million barrels of beer Sierra Nevada boasts a 230,000 SF complex on 90 acres just outside Asheville. The entire complex cost nearly $110 MM and serves as home base for over 300 employees. It produces over 1 million barrels of beer per year