AT A 1,000,000-SQUARE-FOOT RETAIL HUB NOW LEASING A 150,000-SQUARE-FOOT OUTLET CENTER

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1 AT A 1,000,000-SQUARE-FOOT RETAIL HUB NOW LEASING A 150,000-SQUARE-FOOT OUTLET CENTER

2 Welcome to the Five-State Shopping Hub Fed by four interstate highways, The Pinnacle in Bristol, Tennessee, is the established retail hub for 1 million consumers. With direct access from I-81 (Exit 74-B), the Pinnacle site offers visibility of nearly one mile. With 700,000 square feet of retail space currently established or under construction, this 250-acre development by Johnson Commercial Development is strategically located just over one mile from the Virginia border. Its gateway location has driven record sales for its retailers, and traffic grows with every grand opening in this new retail hub that debuted in the fall of 2014 with the grand opening of the region s first Bass Pro Shops. In addition to Bass Pro, the Pinnacle Development includes the region s largest Belk (130,000 square feet), its only Marshalls and the soon-to-open CARMAX. The new Pinnacle 12 by Marquee Cinemas will open this fall the largest and most modern cinema experience in the region. Uniquely positioned in the center of the Southern Foothills, its service area is within 95 miles of five states (TN, VA, WV, KY and NC). The Pinnacle serves college student shoppers from 46 universities and colleges within its retail service area more than 176,000 students. 1

3 The Pinnacle Outlets Retail Service Area Tanger Outlets 358 miles 351 miles Leesburg Corner Premium Outlets miles Tanger Outlets 92 miles Asheville Outlets 40 Driving Distance to Each State STATE DISTANCE TO PINNACLE Virginia 1 mile Distance From Interstate Highway I-81 frontage Kentucky North Carolina West Virginia 64 miles 45 miles 94 miles I miles I miles I miles Competitive Locator REGIONAL OUTLET CENTERS FROM PINNACLE OUTLET North 358 miles Tanger Outlets, Washington, PA South 92 miles Asheville Outlets, Asheville, NC East 351 miles Leesburg Corner Premium Outlets, Leesburg, VA West 108 miles Tanger Outlets, Sevierville, TN 2

4 In the Center of a Booming Economy Located in the Tri-Cities, TN/VA DMA, The Pinnacle is at the center of a powerful economic boom. Johnson City, Kingsport, and Bristol, TN/VA, are the boundaries of the market made strong with a total market population of 600,000. More than 58,000 jobs are credited to the region s top 40 employers. 3

5 Quick Glance at Our Economic Engines Nearby Eastman Chemical Company s $1.5 billion Project Inspire is adding more high-paying jobs as part of its reinvestment in its Kingsport-based infrastructure and a total workforce of 7,000. Six hundred thousand race fans make Bristol, TN, a billiondollar boomtown, when they travel to NASCAR s Bristol Motor Speedway and Bristol Dragway for two NASCAR Sprint Cup races, plus other events through the year. The medical hub for the five-state region, Mountain States Health Alliance, along with Wellmont Health Systems, provides a healthcare powerhouse driving more than 17,000 jobs. Abingdon, VA-based K-VA-T Foods (Food City) recently acquired 29 BI-LO supermarkets to increase employment to more than 7,000. Johnson City s East Tennessee State University, Quillen College of Medicine and Gatton School of Pharmacy drive more than 5,000 high-paid professionals. NN, Inc. has made Johnson City, TN, its corporate headquarters. A recent acquisition of Precision Engineered Products will swell this international parts power player to increase employment in the region. Top 10 Employers Mountain States Health Alliance Wellmont Health Systems Eastman Chemical K-VA-T Food Stores (Food City) East Tennessee State University * The Pinnacle Development Citigroup VA Medical Center Advance Call Center Technologies American Water Heater 4

6 Elevate Your Experience Setting new records as a super-regional retail hub began with the opening of The Pinnacle s first anchor, Bass Pro Shops, in August Since its opening, Bass Pro has welcomed more than 1 million consumers from every state in the U.S. When the region s largest Belk store opened on a rainy March morning, lines of shop-hungry customers wrapped around the giant 130,000-square-foot structure. Grand openings of stores, large and small, are proof of The Pinnacle Development s position and an extraordinary retail diamond in an untapped market Opening in August 2014, Bass Pro Shops became the first anchor retailer to establish the development s position as a super-regional retail hub. 2 The highest point of the Roan-Unaka Range of the Southern Appalachian Mountains, Roan Mountain State Park is a testament to the region s natural beauty. 3 Bristol Motor Speedway is the largest stadium venue in Tennessee. The complex hosts more than 600,000 visitors each year. 4 The Birthplace of Country Music Museum in Bristol has hosted visitors from 50 states and 21 foreign countries in its first year. 5 Top brand name retailers have set grand opening sales records at The Pinnacle. 6 The grand opening of The Pinnacle s new Belk saw consumers stand in the rain to be some of the first to visit the region s largest Belk. 5

7 PINNACLE PKWY SERVICE COURT THE GATEWAY TO 5 STATES SERVICE COURT 3 SERVICE COURT SERVICE COURT US ROUTE 11 GROSS BUILDING AREA BLDG # AREA (GBA) BLDG 01 BLDG 02 BLDG 03 BLDG 04 16, , , , INTERSTATE 81 N BLDG 05 48, , sq ft 3 Date: 9/15/15 Pinnacle Outlets Bristol, Tennessee Site Plan Our NEW Pinnacle Outlets! To be designed by noted outlet architect Charles Gillon, the Pinnacle Outlets oval design will offer a distinctly different retail experience. The promenade will include a giant sky bridge across Pinnacle Parkway to drive awareness and traffic. The bridge will include a recreation of Bristol s historic downtown sign that celebrates its main street border between Tennessee and Virginia. Lease space per store will range from 2,400 to 20,000 square feet. Located at the southern edge of the development, Pinnacle Outlets will offer a one-mile sight line to I-81 motorists and those near U.S. Highway 11. It will also border Pinnacle Lake, a two-acre bio-centric lake stocked with a variety of native fish in front of Bass Pro Shops that includes a scenic and tranquil walking trail. 6

8 MORE ABOUT THE PINNACLE OUTLETS RETAIL SERVICE AREA Southwest Virginia Population: 94,174 Eastern Kentucky Population: 150,050 Northeast Tennessee Population: 540,266 Western North Carolina Population: 349,586 Southern West Virginia Population: 95,815 Now Leasing For more information, contact Lisa Wagner or David Hinkle (312) Lisa Wagner - lwagner@outletresource.com David Hinkle - dhinkle@outletresource.com Marc Gurstel - mgurstel@outletresource.com Ron Simkin - rsimkin@outletresource.com