WOODS CORNER SHOPPING CENTER 1920 CENTERVILLE TURNPIKE, VIRGINIA BEACH, VA 23464

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1 FOR LEASE PREMIER LOCATION IN VIRGINIA BEACH Approximately 152,314 sq. ft. Anchored by Food Lion and Dollar General Located in close proximity to Interstate 64 WOODS CORNER FOR MORE INFORMATION CONTACT: Chris Read Senior Vice President Ned Brooks Senior Vice President CB Richard Ellis of Virginia, Inc. 150 West Main Street Suite 1100 Norfolk, VA CB Richard Ellis of Virginia, Inc. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. CBRE, CB RICHARD ELLIS and the CBRE CB RICHARD ELLIS logo are service marks of CB Richard Ellis, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

2 :: EXECUTIVE SUMMARY PROPERTY DESCRIPTION: Woods Corner Shopping Center is located at the intersection of Centerville Turnpike and Kempsville Road. It is located approximately one mile from the campus entrance to Regent University and The Founders Inn Hotel and Conference Center. The property is an attractive, distinctive community shopping center located in the heart of Kempsville, the most highly populated submarket of Virginia Beach. This business and shopping community center is anchored by Food Lion and Dollar General. ADDRESS: 1920 Centerville Turnpike, Virginia Beach, Virginia YEAR CONSTRUCTED: 1988 SIZE: Approximately 152,314 square feet LEASE RATE: $14.00 per sq. ft. (Suites 103/104, 118, 120, 121 and 122/123) $11.00 per sq. ft. (Suite 128) AVAILABILITY: Suite 103/104: 4,260 sq. ft. (formerly Cici s Pizza - fully equipped restaurant) Suite 118: 1,486 sq. ft. Suite 120: 1,920 sq. ft. Suite 121: 1,920 sq. ft. Suite 122/123: 4,918 sq. ft. (former restaurant - fully equipped) Suite 128: 12,648 sq. ft. CAM, TAXES & INSURANCE: $2.15 per sq. ft. Breakdown as follows: CAM - $1.25 per sq. ft., Insurance - $0.17 per sq. ft. and Taxes - $0.73 per sq. ft. ANCHORS: Food Lion, Dollar General ZONING: B-2 PARKING: STREET FRONTAGE: PROPERTY FEATURES: 568 Free Surface Spaces 1,125 feet on Centerville Turnpike (with 3 curb cuts) 425 feet on Kempsville Road Dedicated Turn Lane, Pylon Sign, and Signalized Intersection TRAFFIC COUNTS: Kempsville Road: 36,000 vehicles per day Centerville Turnpike: 21,000 vehicles per day 2010 Estimated Demographics 1-Mile 3-Miles 5-Miles POPULATION 15,524 92, ,747 AVERAGE HOUSEHOLD INCOME $71,908 $75,188 $69,888 DAYTIME POPULATION 2,091 50, ,568

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5 :: SITE PLAN Unit Tenant Sq. Ft. Dimensions 100/101 Mama Tops 5, x Tide Investors /104 AVAILABLE (former restaurant) 4, Perfectly Tan 1, x Lovely Nails 1, x Work of Faith 1, x China Hall 1, x Three Amigo s 3, Baxter s Florist & Gifts 2, x Rose Uniforms of VA 2, x Rudy & Kelly 18, Centerville Bingo 12, Dafishguy 1, x Glory s Bakery 1, x The UPS Store 1, x AVAILABLE 1, x Dollar General 19, AVAILABLE 1, x AVAILABLE 1, x80 122/123 AVAILABLE (former restaurant) 4, Global Martial Arts 3, CHKD 8, x Food Lion 41, AVAILABLE 12,648 95/96 Family Chiropractic 2, Nationwide Insurance x50 98 Ones Cleaners x50 99 Golden Slippers 1, x50 Outparcels A Pollards Chicken B Sonic Restaurants C Wells Fargo

6 :: AERIAL VIEW CBRE, CB RICHARD ELLIS and the CBRE CB RICHARD ELLIS logo are service marks of CB Richard Ellis, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

7 :: AERIAL VIEW CBRE, CB RICHARD ELLIS and the CBRE CB RICHARD ELLIS logo are service marks of CB Richard Ellis, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

8 :: AERIAL VIEW CBRE, CB RICHARD ELLIS and the CBRE CB RICHARD ELLIS logo are service marks of CB Richard Ellis, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

9 :: MAP VIEW VIRGINIA

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11 :: MAP VIEW LOCAL SITE

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