City Center West

The subject property consists of approximately 73-acres which is located on Halstead
Boulevard Extended near the intersection of Hughes Boulevard in Elizabeth City, North
Carolina. The property is well positioned to take advantage of the explosive residential
and commercial growth being experienced in Elizabeth City. Money Magazine named
Elizabeth City as one of the best places to live on the east coast.

A Wal-Mart super center is near the property at the interchange of Halstead Extended
and U.S. Route 17 Bypass (Exit 258).

A state of the art 8 screen RC Theatre opening late 2019.

97-room Fairfield Inn and Suites is located on a portion of the subject property.

The current property owner has subdivided the property and is selling various size
parcels to end users.