RETA I L OPPORTUNI T I E S AVA I LABLE

THE ELLIS RETAIL LEASING 2

Architecture + Planning888.456.5849ktgy.com

201 S. TRYON ST, SUITE 915 CHARLOTTE, NC 28202

CHARLOTTE, NC # 2016-0501 OCTOBER 5, 2016MARKET 42 CONCEPTUAL PERSPECTIVE

The Ellis is an exceptional mixed-use community being developed in the Queen City by LMC (a Lennar Company). Strategically located in the heart of Charlotte’s First Ward, adjacent to the 4.5 acre First Ward Park and the Blue Line light rail’s Ninth Street Station, this project will consist of 549 residential apartment homes and 19,654 SF of street-level retail. With construction having begun on January 2, 2019, delivery is expected fall 2020. The community will provide an attractive opportunity to service a growing retail market. Unique to this retail space are the high-end store front glass and masonry,18’ clear heights and ample guest parking, designed to interact with the pedestrian friendly street frontage along North Ellis Lane and the LYNX Blue Line.

T H E E L L I S

R E S H A P I N G

F I R S T W A R DTHE ELL I S

THE ELLIS RETAIL LEASING 3

T H E E L L I S

C O N N E C T I V I T Y

A T Y O U R D O O RStrategically located between Eighth and Ninth streets in Uptown Charlotte’s First Ward, The Ellis’s retail opens out to the LYNX Blue Line light rail extension opened in March 2018. Currently serving more than 15,000 people a day, the Blue Line is projected to serve 25,000 people a day by 2035. In addition to its excellent visibility from the light rail, The Ellis is located steps from the Ninth Street Station, one block from the Seventh Street Station and five blocks from Trade and Tryon.

With the extension, the LYNX Blue Line travels more than 18 miles, connecting Pineville and South Charlotte to NoDa and UNC Charlotte in approximately 47 minutes. The Ellis is located right in the middle and within 20-25 minutes from both destinations. Riders can board from 26 stations (11 of which are park and rides) and easily access The Ellis restaurants and retailers seven days a week. During peak hours, trains run on the Blue Line every 7.5 minutes.

Along the light rail is the 3.5-mile Charlotte Rail Trail, which provides residents and retail visitors with an attractive amenity for pedestrian and bicycle access. Residents can easily access the Rail Trail via bicycle using Charlotte B-cycle, which has three stations with two blocks of The Ellis.

25,000+EXPECTED DAILY LYNX R IDE RSH I P

3.5MILE CHARLOTTER A I L T R A I L

92W A L K S C O R E

WALKERS PARADISE

THE E L L I S ACCESS IB I L I TY

7.5M I N U T E LY N XFREQUENCY

277

277

THE ELLIS RETAIL LEASING 4

PHASE 2 CITYLYNX GOLD LINE E. TRADE ST.

N. T

RYON St

.

S

. TRYON ST

.

LYNX BLUE L

INE

LIG

HT RAIL

LIGHT R

AIL

LIG

HT RAIL

E . 6TH ST.

E. 7TH ST.

E. 8TH ST.

E. 9TH ST.

W. 5TH ST.

S. C

OLLEGE S

T.

S

. CHURCH ST

.

E. 11TH ST.

N. B

REVA

RD ST

.

E. 4TH ST.

E. 3RD ST.

E. MLK JR. BLVD.

S. MINT S

T.S.

GRAHAM ST.

SEVENTH STREET STATION

CHARLOTTE TRANSIT CENTER

THIRD STREET STATION

CITYLYNX GOLD LINE

FIRST WARD PARK

BLUMENTHAL PERFORMING ARTS CENTER

DISCOVERY PLACE

MCCOLL CENTER FOR ART + INNOVATIONCHARLOTTE

BALLETSK

YHOUSE

UPTOWN

APARTM

ENTS

EPICENTRE

SEVENTH STREET PUBLIC MARKET

• Not Just Coffee• Local Loaf• Bonsai Fusion Sushi• Hazelnuts Creperie• Pure Pizza• Tank’s Tap

• Aria• City Smoke• Taste• Caribou Coffee• Malabar• Luce• SIP

• Prohibition Bar• Connolly’s on

Fifth• Blue• Sea Level• Ri Ra

• Stoke• King’s Kitchen• Room 112

• Cowbell• Dandelion Market• Basil Thai• 5 Church• Capital Grille• The Asbury• Wooden Vine

Wine Bar & BistroRock Bottom

• Brixx Wood Fired Pizza

• Queen City Q• Mert’s• Cafe Sienna• Rooster’s• BLT Steak• Duckworth’s

Sports OneCharlotte

PROPOSED REDEVELOPMENT

10TH ST

REET

APART

MENTS

(UNDER

CONSTRU

CTION)

PROPOSEDREDEVELOPMENT

PROPOSED REDEVELOPMENT

BB&T Ballpark

Romare Bearden

Park

• Morton’s• Que Onda

• Haymaker • Loft & Cellar

NINTH STREET STATION

HAL MARSHALL REDEVELOPMENT

Optimist Hall

Waterbean Coffee

10 TRYON /

FUTU

RE PUBLIX

AvidXchange Music Factory

TO NODA

525 North Tryon 425,000 RSF

Transamerica Square 434,000 RSF

Hearst Tower965,000 RSF

1 Bank of America Center 750,000 RSF

Bank of America Corporate Center 1,144,000 RSF

Fifth Third Center698,000 RSF

101 North Tryon566,000 RSF

E X C E L L E N T

UPTOWN LOCAT ION

100,000 TOTAL EMPLOYEES

25,000 PEDESTRIANS PER DAY AT TRADE & TRYON

UPTOWN CHARLOTTE

THE ELLIS RETAIL LEASING 5Architecture + Planning888.456.5849ktgy.com

201 S. TRYON ST, SUITE 915 CHARLOTTE, NC 28202

CHARLOTTE, NC # 2016-0501 OCTOBER 5, 2016MARKET 42 CONCEPTUAL PERSPECTIVE

» High-rise apartment building with 365 homes and mid-rise apartment building with 184 homes

» Above-ground parking deck in the center of the block with retail and residential wrapped around with approximately 100 dedicated retail parking spots

» 19,654 SF of street-level retail along North Ellis Lane and the LYNX Blue Line

» First estimated retail delivery of August 2020 and last retail delivering February 2021

» First homes to be delivered November 2020 and final homes in March of 2021

F E A T U R E S

C O M M U N I T Y

9th street

LYNX Blue Line

THE ELLIS RETAIL LEASING 6

» ± 19,654 SF street-level retail space available

» 18' ceiling clear height

» 11' storefront height

» Natural Gas: 2” Stub-out provided, 2.0 PSI Metering/pressure reducer by Tenant

» Water: 2” cold water stub-out provided. Hot water and metering by Tenant

» Electric: 490/277V 3 phase for each tenant from a common electric room

» Chase/Vent: Includes 12” x 36” type 1 shaft to roof, 1,500-5,500 CFM flow rate

» Grease Traps: Four 1,500 gallon grease traps

» Trash: Two designated retail trash rooms adjacent to parking garage

» 90 Dedicated retail spaces in parking deck with 10 additional surface lot space totalling 100 spaces

RETA I L F EATURES

1 MILE 3 MILES

2018 Est. Population 20,004 115,355

2023 Proj. Population 21,822 128,146

2018-2023 Proj. Annual Population Growth 1.8% 2.2%

2018 Est. Households 10,014 52,852

Median Age 30.1 33.4

2018 Est. Avg. HH Income $108,998 $96,279

2018 Est. Median HH Income $77,522 $74,124

Estimated Daytime Population 60,721 153,507

DEMOGRAPH ICS

Future HotelDevelopment

Low Rise

High Rise

College Street

9th

Stre

et

8th

Stre

et

North Ellis Lane

Blue Line Extension - LRT

31’-6 1/2”

44’-3 3/8” 2’-7”25’-8” 28’-7 7/8” 56’-6” 27’-0” 27’-0” 52’-5 1/2”

50’-6

5/8

”

25’-3

/8” 7’

-3 7

/8”

67’4

1/2

”

51’-1

1”

6’5 5/8”

9’-6

7/8

”

4 Grease Traps Located in North Ellis Lane

Outdoor Dining/Retail Space

Outdoor Dining/Retail Space

9th Street CATS Station

Paseo to Public Plaza/Retail

100 reserved retail parking spaces

Retail Trash CompactorRetail Electric

Room

Retail Trash &Recycling Room

Retail Trash Room

Parking Deck

Retail Suite 2

3,977 NSF

Retail Suite 1

2,125 NSF

Retail Suite 3

1,333 NSF

Retail Suite 4

1,488 NSF

Resident Lobby/Lounge

Retail Suite 5

2,856 NSF

Retail Suite 6

1,365 NSF

Retail Suite 7

1,365 NSF

Retail Suite 8

3,124 NSF

THE ELLIS RETAIL LEASING 7

» One-of-a-kind dining possibilities open to North Ellis Lane and the LYNX Blue line light rail

» The Ellis will attract people of all ages, from millennials to retirees

» Mid-rise homes appeal to younger renters

» High-rise homes, featuring several floors of penthouse units, appeal to older, more affluent renters, including empty nesters

» Come be a part of this truly unique community

R E T A I L

O P P O R T U N I T I E S

C O N T A C TKEELY H INES Vice President / Broker704.676.1563keely.hines@foundrycommercial.com

BR IAN CRAVERSenior Vice President704.319.5072brian.craver@foundrycommercial.com

FOUNDRY COMMERC IAL121 W. Trade Street, Suite 2500Charlotte, NC 28202704.523.0272 | foundrycommercial.com

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.