THE OPPORTUNITY

• Fresh Market anchored asset with 7 years of term remaining
• The Fresh Market opened at the property in 2013, providing a critical upscale grocery component that is ideally
  tailored to cater to the affluent customer base in the Aiken market
• Anchor stability with no near term expirations of Fresh Market (2026) or Party City (2024)
• South Park offers an investor organic growth of almost 6% over the first 5 years through rental increases and
  renewals already built in to current leases
• All tenants who have had expiring lease terms have renewed with rental increases
• Little short term rollover with only 19% of GLA expiring in the next 5 years
• Well maintained Shopping Center in great physical condition having been fully renovated in 2013
• 1.3 acre outparcel pad with engineered plans for a 9,600sf building with potential to add over $200,000 in
  revenue
• New roof was installed in 2013 with warranty until 2028
• Population growth of almost 6% in 5 mile radius since 2010
• Being the largest polo community in the USA, Aiken sees an influx of high net worth part time residents
• Job growth in trade area expected to grow by 34% over the next 10 years

THE DEAL POINTS