7-Eleven Dark Rent - 2 years remaining on the lease - 7-Eleven has vacated the property but still paying rent, which allows for flexibility in cashflowing in the interim or terminating the lease early with 7-Eleven Dense & Affluent Surrounding Demographics - Above Average HHI and Population in the Area - 121k people in a 3 mile radius of the site as well as an AHHI in a 3 mile radius of $105k Well Positioned Corner Lot - Positioned at the lighted intersection of Dalton Ave (9,500) and N. Tryon St (21,500 VPD) - Two access points (one on Dalton Ave and one on N. Tryon St) - Approximately a half-mile to Optimist Hall, 1 mile to Camp North End, 1-mile to Uptown, and 2 Miles to NoDa Prime Redevelopment Site - Least intensive zoning category (ML-2) provides for a flexible uses and easy rezoning ability - Adjacent sites have recently been rezoned to multi-family - All Underground Storage Tanks & Canopy’s have been removed A Top Performing Market Nationally - 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) Fast Growing North End / Optimist Park Submarkets - Over 5.2K apartment units have delivered since 2019 in a 1-mile radius, a 112% supply growth - 2,249 units are currently under construction - North Tryon St. has around 21k VPD and connects the popular Charlotte area NODA with Uptown Charlotte