1500 Pinecroft Rd, Greensboro, NC 27407

The Property is situated within the burgeoning West Greensboro office submarket, offering direct access to I-40, West Gate City Blvd, and South Holden Rd, and is just minutes away from the area’s top retail and restaurant options. LOW COST BASIS IN GROWING MARKET • Expected to Trade at a Compelling Basis – pricing is at a substantial discount to replacement cost (estimated to be $200 psf) • Increasing Barriers to Entry - according to the Turner Building Cost Index, a depleting supply of skilled labor caused costs in the US non-residential construction market to increase by 5.9% in 2018. Costs have grown at a 4.0% CAGR between 2014 - 2019 year-end. ABILITY TO INCREASE NOI & PRODUCE IMMEDIATE RETURNS • Stable Tenant Roster - government tenants account for nearly half the existing leases offering assured cash flows • Near-Term Expirations Create Opportunity - over the next 24 months, expiring tenants can be marked to market providing an immediate lift to the asset • Offered Free and Clear of Existing Financing - provides he ability to benefit from various financing approaches IRREPLACEABLE LOCATION IN STRATEGIC CORRIDOR • Superior Vehicular Access - by way of I-40, South Holden Road, and West Gate Boulevard • Minutes from Four Seasons Town Centre - the area’s most popular destination for a variety of restaurants, fitness centers, daycares, hotels, retail, and shopping options • Burgeoning Greensboro Market – supported by a growing talent base of young graduates from nearby universities such as University of North Carolina at Greensboro