New Conover Commerce Center Delivering a First-Class Retail Development to Conover, NC

The information contained within this package is deemed reliable, however, there is no warranty expressed or implied as to the accuracy, reliability or completeness.

Any interested party should undertake their own inquiries as to the accuracy of the information. This information is subject to change.

Deploy Development Group and Strathmore Real Estate Group are co-developing a 22.62 acre property in the Hickory

Metro Area, specifically the northeast region of Conover, NC. The City of Conover is located approximately 40 miles

northwest of Charlotte and is the fastest growing city in the Hickory Metro Area. The City of Conover is east of Hickory, NC

and west of Statesville, NC.

The proposed retail center is located at the northwest corner of Interstate 40 (I-40) and NC Highway 16 (Thornburg Drive

NE) and will feature a grocery anchor, local retail and outparcels currently referred to as Conover Commerce Center

(CCC). Our development is adjacent to a Walmart Supercenter on the north side of Hwy 16 where currently there are;

Dollar Tree, AT&T Wireless, AutoZone, Murphy’s USA, Burger King, Zaxby’s Chicken and Hwy 55 Burgers to list a few.

The subject site is visible from I-40 westbound on ramp, and directly on Hwy 16 (Thornburg Drive NE) and 1st Avenue NE. Traffic Counts for I-40 is 65,000 Average Daily Traffic (ADT), for Hwy16 the count is 19,000 ADT and 1st Avenue NE the count

is 10,000 ADT.

The Trade Area, as you will see in this package, is a dynamic northeast market of Conover, that will support the proposed

grocery shopping center from day one. The Trade Area has almost 54,000 population with a medium household income

of $52,604.

Currently there are 323 apartments under construction within a few blocks of the site and a proposed 60 apartment

complex across the street from the site. As the population is expected to continue to increase, future customers will

continue to increase as well.

Earl Wesson DEPLOY DEVELOPMENT GROUP 813.220.8589 / earl@deploydevgroup.com

Mia Stierheim DEPLOY DEVELOPMENT GROUP 305.345.9808 / mia@deploydevgroup.com

CONOVER COMMERCE CENTER Delivering a First-Class Retail Development to the Conover, NC

The information contained within this package is deemed reliable, however, there is no warranty expressed or implied as to the accuracy, reliability or completeness.

Any interested party should undertake their own inquiries as to the accuracy of the information. This information is subject to change.

Earl Wesson DEPLOY DEVELOPMENT GROUP 813.220.8589 / earl@deploydevgroup.com

Mia Stierheim DEPLOY DEVELOPMENT GROUP 305.345.9808 / mia@deploydevgroup.com

RETAIL SITE – CONOVER, NC Conover is in Catawba County, NC. The four counties of Catawba, Hickory, Lenoir and Morganton are considered the Hickory Metro Area. Conover is the fastest growing city in the Hickory Metro Area.

LOCATION: The site is located at the southwest corner of Hwy 16 and 1st Avenue North which is at the northwest corner of Interstate 40 (I-40) and Hwy 16. The site is across the street from Walmart Supercenter on 1st Avenue North.

PARCEL SIZE 22.62 Acres

LOCAL SCHOOLS Shuford Elementary School - .5 mile southeast (491 Students) Newton-Conover Middle School – 1 miles northwest(609 Students)

TRADE AREA Several attractions to this immediate trade area are; a great transportation network, good schools and up-scale housing. A Walmart Supercenter across the street and expanding retail.

Local Retailers: Walmart Supercenter Dollar Tree Burger King Zaxby’s Chicken Hwy 55 Burgers

Shuford Elementary School 491 Students

Newton-Conover Middle School 609 Students

Rock Barn Country Golf Club & Spa

CONOVER

NORTH CAROLINA

STATE OF NORTH CAROLINA

CITY OF CONOVER, NC

BOUNDARY MAP

CONOVER

The information contained within this package is deemed reliable, however, there is no warranty expressed or implied as to the accuracy, reliability or completeness.

Any interested party should undertake their own inquiries as to the accuracy of the information. This information is subject to change.

Earl Wesson DEPLOY DEVELOPMENT GROUP 813.220.8589 / earl@deploydevgroup.com

Mia Stierheim DEPLOY DEVELOPMENT GROUP 305.345.9808 / mia@deploydevgroup.com

SITE

RETAIL MARKET AERIAL

• Interstate 40 (1-40) has 65,000 average vehicles per day,

Hwy 16 (Thornburg Drive NE has 19,000 vehicles per day

and 1st Avenue North has 10,000 vehicles per day.

• Surrounding retail include;

SITE

LOCAL RESIDENTIAL DEVELOPMENTS

SITE

Newton-Conover Middle School 609 Students

Shuford Elementary School

491 Students

Proposed 60 Apartment

Complex 160 Zelkova Ct

Abbott’s Green 323 Apartment Complex 1005 Rock Barn Rd

LOCAL GROCERY

MARKET

HIGH ALTITUDE AERIAL

SITE

PROPERTY BOUNDARY

AERIAL

Development will use

22.62 Acres

Zoned: Commercial

The information contained within this package is deemed reliable, however, there is no warranty expressed or implied as to the accuracy, reliability or completeness.

Any interested party should undertake their own inquiries as to the accuracy of the information. This information is subject to change.

SITE

TRADE AREA – POLYGON

DEMOGRAPHICS

2019 Esri

Community Profile POLYGON

Total Population 50,194

Daytime Population 53,877

Med. HH Income $52,607

Average HH Size 2.53

128 SQUARE MILES

SITE

1-3-5 MILE DEMOGRAPHICS

2019 Esri Community Profile 1 Mile 3 Mile 5 Mile

Trade

Area

Total Population 2,228 16,051 44,825 50,194

Daytime Population 2,260 22,691 61,605 53,877

Med. HH Income $58,927 $53,162 $51,507 $52,607

Average HH Size 2.46 2.47 2.55 2.53

The information contained within this package is deemed reliable, however, there is no warranty expressed or implied as to the accuracy, reliability or completeness.

Any interested party should undertake their own inquiries as to the accuracy of the information. This information is subject to change.

Earl Wesson DEPLOY DEVELOPMENT GROUP 813.220.8589 / earl@deploydevgroup.com

Mia Stierheim DEPLOY DEVELOPMENT GROUP 305.345.9808 / mia@deploydevgroup.com

5-10-15 MINUTE DRIVE TIME

RADIUS DEMOGRAPHICS

2019 Esri Community Profile

5 Minutes 10 Minutes 15 Minutes

Total Population 5,138 31,498 93,994

Daytime Population 5,487 48,574 127,374

Med. HH Income $56,596 $50,745 $49,194

Average HH Size 2.33 2.53 2.48

The information contained within this package is deemed reliable, however, there is no warranty expressed or implied as to the accuracy, reliability or completeness.

Any interested party should undertake their own inquiries as to the accuracy of the information. This information is subject to change.

Earl Wesson DEPLOY DEVELOPMENT GROUP 813.220.8589 / earl@deploydevgroup.com

Mia Stierheim DEPLOY DEVELOPMENT GROUP 305.345.9808 / mia@deploydevgroup.com