HIGHLY WALKABLE AND AMENITIES PLAZA MIDWOOD NEIGHBORHOOD - Plaza Midwood has a 82 walkable score with over 8.5K homes in a 1-mile radius - Wide variety of local restaurants, bars, and shops are located in the area - Plaza Midwood has recently become Charlotte’s first “Social District” allowing for to-go drinks in the streets DENSE AND AFFLUENT SURROUNDING DEMOGRAPHICS - 1-mile demographics include an AHHI of $146,239 and a population of 15,821 (1.34% annual growth rate since 2020) - Just under 4,500 multifamily units within a one mile radius LOCATED IN THE HEART OF CHARLOTTE, NC - Charlotte, NC ranked #5 in 2022 of best residential markets (Rocket Mortgage) - Charlotte forecasts a 45.2% job growth over the next 10 years (4.6% growth from 2021 to 2022) - 5th fastest growing city from 2021 to 2022 (population change: 15,217) DIRECTLY NEXT DOOR TO THE COMMONWEALTH DEVELOPMENT - Spanning 12-acres, Commonwealth will deliver 100k SF of retail, 383 residences, a boutique hotel, and over 400,000 SF of Class A office space in the heart of the Plaza Midwood neighborhood. FLEXIBLE ZONING - The property has been rezoned to MUDD-O (Mixed Use Development District) allowing for more flexible building use than surrounding properties 2ND GENERATION RESTAURANT SPACE - Restaurant infrastructure still in place minimizing out-of-pocket build out expenses for prospective restaurant users