McDowell Square Shopping Center

100% LEASED RETAIL CENTER WITH STRONG CORPORATE TENANTS

• Leased to three corporate tenants with strong financials
• Long-term leases with scheduled rental increases
• Strong and established customer base

HIGH-TRAFFIC LOCATION AT SIGNALIZED HIGHWAY INTERSECTION

• Excellent visibility and access to more than 35,000 vehicles per day at the signalized highway intersection of US 221 and US Highway 70
• Gateway to the Blue Ridge Mountains and 5 minutes to downtown Marion, NC
• Strategically located between Asheville, Morganton, Old Fort, Spruce Pine and Rutherfordton
• Affluent customer base in a growing submarket, over 40,000 residents with an average household income of $50,000 live within a ten mile radius

LOCATED IN MAJOR SHOPPING CENTER

• Directly adjacent to regional shopping center anchored by Food Lion,Peebles and Cato
• Shadow anchored by Lowe’s along with the high quality outparcel’s of Mcdonald’s and Wendy’s
• A dominant grocery anchored center, the Food Lion is one of the top performing in the Asheville MSA, and has a long term lease in place
• Nearly 100% occupied, the national chain store tenants generate over 80% of the Centers revenue, while local and regional tenants have been in occupancy for over 20 years

RECENT RENNOVATIONS AND IMPROVEMENTS

• Recently retrofitted box with brand new tenant buildouts
• 15 years remaining on roof warranty
• Over $1,000,000 in tenant improvements added