HIGHWAY 150. Investment Property Offering. $1,299, E NC 150 Highway, Terrell, NC Offering Highlights. Thomas McMahon.

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1 Investment Property Offering HIGHWAY 150 $1,299, E NC 150 Highway, Terrell, NC Presented By: Thomas McMahon Offering Highlights West Catawba Avenue, Suite 102 Charlotte, NC (704) tom.mcmahon@svn.com +/- 6.7 acres of land Access from both Hwy 150 & Sherrill's Ford Rd Possibility of additional land for sale High traffic and in a developing area 04/04/2011

2 All materials and information received or derived from Sperry Van Ness (Thomas J. McMahon)(hereinafter collectively Sperry Van Ness ), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or affiliates as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. Sperry Van Ness will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sperry Van Ness makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sperry Van Ness in compliance with all applicable fair housing and equal opportunity laws. Sperry Van Ness (Thomas J. McMahon) is independently owned and operated.

3 Table of Contents 1 Financial Analysis Executive Summary 2 Additional Information Location Map 3 Advisor Profile The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

4 1. Financial Analysis

5 HIGHWAY 150 List Price Size Shape $1,299, irregular Zoning Dimensions See Agent Topography flat Price Per Acre $194, Price Per SF 7947 E NC 150 Highway, Terrell, NC PROPERTY DESCRIPTION HIGHLIGHTS Older structures on property with no value. Existing Structures Best Use +/- 6.7 acres of land Access from both Hwy 150 & Sherrill's Ford Rd Possibility of additional land for sale High traffic and in a developing area Great corner for convenience store/gas station or box store with a 10,000 sq ft Retail strip mall. Multi-family development possible. Area Red light intersection on Hwy 150 and Sherrill's Ford Road. Developing location with a high traffic area. City Planners like the idea of a "Historic Village" in Terrell as the gateway to Catawba County. Property Tax Parcel No. Sewer Water Electric Gas Phone Corner Signalized Street Frontage Ingress/Egress Sub Market Market Corner property with multiple entrances for easy access. Excellent location in a developing area. Many opportunities for development of land. Sewer is coming per the county, water and Fiber Optic Cable is already available. Yes FILL IN MANUALLY Land has access from Iredell County Catawba County Exclusively Listed By: Thomas McMahon (704) tom.mcmahon@svn.com The informa on listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

6 2. Additional Information

7 Historic Village Concept Drug Store A Historic Village would tie into the City Planners idea of creating Historic Terrell as the gateway to Catawba County. Corner property is ideal for maximum exposure. General (Convenience) Store General (Convenience) Store with gas station with the "Historic" look would also fit into the area. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

8 Location Map The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

9 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

10 3. Advisor Profile

11 Thomas McMahon Sperry Van Ness Advisors Tom McMahon serves as Managing Director for Sperry Van Ness/McMahon & Associates, LLC, a full service commercial real estate brokerage company in the Charlotte, North Carolina region. With more than 28 years of experience in the real estate industry, his career transaction volume exceeds $750 million. Prior to affiliating with Sperry Van Ness, McMahon served as owner and broker in charge of Newport Commercial and pioneered the concept of a real estate company focusing exclusively on the commercial business in the Lake Norman area. Previously, he spent several years as a top residential agent while cultivating his passion for the commercial real estate sector. Active in his profession, McMahon holds the Certified Commercial Investment Member (CCIM) designation; is heavily involved in several local chambers of commerce and has been a board member for Lake Norman Chamber; serves on the advisory board for NAR REALTOR S Commercial Alliance, NAR Educational Task Force; and was instrumental in starting the Lake Norman Economic Development Corporation. He also serves on various committees related to the commercial real estate industry, is a board member of Charlotte s Commercial Board of Realtors and serves as Technology Chairman and is on their membership committee. Thomas McMahon Managing Director Sperry Van Ness Awards include: the prestigious Lake Norman Business Person of the Year award in 2001; the Business Journal s 40 under 40 award in 2002; acknowledgement as one of Charlotte s largest commercial real estate companies; and recognition as one of Charlotte s Top 20 Power Brokers. McMahon is also active in his community. He is involved with the March of Dimes and was named Person of the Year at the March of Dimes Lake Norman Commercial Real Estate Testimonial in Tom is also very involved with Big Brothers & Big Sisters of America. He was instrumental in starting the Brawley Youth Athletic Association Midget Football League in Mooresville, North Carolina, where he resides. McMahon is known among local reporters in his area as the go to guy for expert opinions and advice for stories involving Commercial Real Estate. According to his clients, whether large or small, there is a consistent belief that he is an upfront, honest advisor with integrity and an unsurpassed level of service.