UNDER AGREEMENT REX HOSPITAL WAKEFIELD COMMONS & CROSSING RALEIGH, NORTH CAROLINA LAND FOR SALE ±32.95 ACRES

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1 UNDER AGREEMENT RALEIGH, NORTH CAROLINA ±32.95 ACRES

2 GE TY Carrboro 86 CHAPEL HILL Wake Forest SITE Rolesville Research Triangle Park 55 RDU Airport WAKE COUNTY Morrisville Knightdale 495 Zebulon RALEIGH 495 Wendell CHATHAM 540 Cary PROPERTY OVERVIEW On behalf of the Owner, Foundry Commercial is pleased to offer for sale available parcels with a total acreage of within Wakefield Commons and Wakefield Crossing in Raleigh, North Carolina. The parcels all have favorable, flexible zoning with a mix of CUD TD (Conditional Use Thoroughfare District) and CUD SC (Conditional Use Shopping Center) that allow for a variety of office, retail, and residential uses. Several sites are rough graded while others remain wooded; all parcels are served by City of Raleigh utilities. AVAILABLE LAND ZONING MUNICIPALITY UTILITIES acres parcels CUD TD (Conditional Use Thoroughfare District) & CUD SD (Conditional Use Shopping Center) City of Raleigh Available from City of Raleigh PIN NUMBERS , , 83049, , , , , , , , LOCATION Wakefield Commons is advantageously located at the intersection of U.S. /Capital Boulevard and Falls of Neuse Road, while Wakefield Crossing is located one mile away at Falls of Neuse Road and Wakefield Pines Drive. Both locations benefit substantially from proximity to U.S. /Capital Boulevard, which is a critical regional north-south backbone that provides connectivity to I-540 and to the region s largest employment centers. DEMOGRAPHICS MILE 3 MILES 5 MILES 206 ESTIMATED POPULATION 7,84 43,282 5, ESTIMATED POPULATION 9,29 49,3 5,02 MEDIAN HH INCOME $89,504 $89,046 $80,625 TRAFFIC COUNTS US / 47,000 VPD FALLS OF NEUSE 25,000 VPD (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

3 CITY OF RALEIGH S CHANGING ZONING LANDSCAPE Currently all applicable parcels are zoned either Thoroughfare District (TD) or Shopping Center (SC), highly favorable and flexible zoning categories that allow for a very wide variety of uses at a range of allowable densities. However, both TD and SC zoning are being phased out and are now legacy districts per the new City of Raleigh UDO effective on September, 203. For the subject parcels, the initial remapping has proposed the following zoning: LOT WAKE COUNTY PIN TOTAL ACRES CURRENT ZONING PROPOSED ZONING DESCRIPTION 9* CUD TD CX-3-PK* Commercial Mixed Use (CX-) with Height up to CUD TD OX-3-PK Office Mixed Use (OX-) with Height up to 3 Stories with Parkway Frontage with UWPOD CUD TD CX-3-PK Commercial Mixed Use (CX-) with Height up to CUD TD CX-3-PK Commercial Mixed Use (CX-) with Height up to CUD TD CX-3-PK Commercial Mixed Use (CX-) with Height up to CUD TD CX-3-PK Commercial Mixed Use (CX-) with Height up to CUD TD CX-3-PK Commercial Mixed Use (CX-) with Height up to CUD SC NX-3 Neighborhood Mixed Use (NX-) with Height up to 3 Stories with UWPOD * CUD SC CX-3* Commercial Mixed Use (CX-) with Height up to 3 Stories with UWPOD CUD TD CX-3-PK Commercial Mixed Use (CX-) with Height up to CUD SC CX-3 Commercial Mixed Use (CX-) with Height up to 3 Stories with UWPOD CUD SC CX-3 Commercial Mixed Use (CX-) with Height up to 3 Stories with UWPOD CUD SC CX-3 Commercial Mixed Use (CX-) with Height up to 3 Stories with UWPOD * Under agreement *Agreed to by Planning Commission, awaiting City Council approval in city-wide rezoning case Per the City of Raleigh Department of Planning, legacy zoning is understood to be valid until the citywide commercial rezoning and re-mapping process is completed (expected in mid-205) and is also reviewed and approved by the Planning Commission and the City Council (estimated in late 205). Until then, development is able to occur according to legacy district zoning. (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

4 TRADE UNDER AGREEMENT ROYAL GLENN COMMONS TOWNHOMES PASCHAL GOLF CLUB 98 DR CALVIN JONES HIGHWAY 98 WAKEFIELD PLANTATION WAKE FOREST MIDDLE SCHOOL WAKEFIELD HIGH SCHOOL HERITAGE MIDDLE SCHOOL WAKEFIELD COMMONS WAKEFIELD CROSSING FALLS OF NEUSE ROAD OUTLOOK AT WHIPPOORWILL BEDFORD AT FALLS RIVER FORESTVILLE ROAD CARRIAGE RUN (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

5 LOT 9 TOTAL ACRES Wakefield Commons 8.40 acres WAKE COUNTY PIN CUD TD CX-3-PK (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

6 LOT TOTAL ACRES Wakefield Commons 5. acres WAKE COUNTY PIN CUD TD OX-3-PK (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

7 LOT, Wakefield Commons TOTAL ACRES Lot :.37 acres Lot :.82 acres WAKE COUNTY PIN Lot : Lot : CUD TD CX-3-PK (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

8 LOT 8 TOTAL ACRES Wakefield Commons.59 acres WAKE COUNTY PIN CUD TD CX-3-PK (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

9 LOT & Wakefield Commons TOTAL ACRES Lot :.37 acres Lot :.2 acres WAKE COUNTY PIN Lot : Lot : CUD TD CX-3-PK (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

10 LOT TOTAL ACRES Wakefield Crossing.04 acres WAKE COUNTY PIN CUD SC NX (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

11 LOT TOTAL ACRES Wakefield Crossing 4.93 acres WAKE COUNTY PIN CUD SC CX-3* *Agreed to by Planning Commission, awaiting City Council approval in city-wide rezoning case UNDER AGREEMENT (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

12 LOT 70 TOTAL ACRES Wakefield Crossing 2.3 acres WAKE COUNTY PIN CUD TD CX-3-PK (99) Sugar Bush Road, Suite 520 Raleigh, NC 22

13 LOT,, Wakefield Crossing TOTAL ACRES Lot :.49 acres Lot :.46 acres Lot : 0.87 acres WAKE COUNTY PIN Lot : Lot : Lot : CUD SC CX (99) Sugar Bush Road, Suite 520 Raleigh, NC 22