Commercial Update

LEASING

4459 Posterity Court - Included in the base lease rate Common Area Maintenance and Repair Assessment, Water, Sewer, Storm Water Fee, Dumpster and Property Tax. Tenant pays lease rate, Duke Power, Public Service, Phone/Internet and alarm if desired.4459 Posterity Court potential occupancy in the Summer of 2008. For up to 16,500 SF dividable as (2) 50x60 or 3,000 SF units on the ends and the balance of 10,500 SF is leasable in 25x70 or 1,750 SF units or multiples of 25x70 or 1,750 SF. Custom Up Fit is available. Zoning is City of Gastonia highest commercial zone C-3. Flex Space Units can be small business office warehouse, light manufacturing, wholesale, or retail. They are also excellent for branch or satellite operations.

831 South Church Street – Includes All Utilities and No CAMERA. 831 South Church St. across from Movies at Franklin Square. AVAILABLE FOR LEASE - (2) 2,000 Sq Ft Retail Spaces $14 per Sq Ft Annual Basis.

Commercial Property For Sale – May 27th 2008

In Front of Howell Funeral Home -Union Rd. Approximately .6963 Acre Lot -. Lot is part of PUD which includes Funeral Home. Lot is level. Storm Water/Sewer /Water /Paving/ Sidewalk/Entry all currently in place. Zoning allows 51% office and 49% retail. Ready to Build. Sale $400,000.00

Cleveland County Parcel #8851, Floyd St., approximately 2.79 acres of land zoned Industrial, Water/Sewer Sale $55,000

Cleveland County Parcel #13431, Kiser St., 5,000 sf metal building on approximately 1 acre. Water/Sewer, Sale $150,000

Cleveland County Parcel #71216, Cline St., has 2 buildings, 1 = 1,650 sf, 1= 4,560 sf, both on approximately 1 acre. Water/Sewer Sale $145,000

Cleveland County Parcels #8851, #13431 and #71216 – single sale $260,000.00

3431 South New Hope Rd. #148891 almost to new Food Lion at Beatty Rd. (across from Car Wash) Lot of approximately 1.45 acres with C-3 Zoning. Price on Request

DGMD Lowell - North east Corner Exit 22 I-85 Lowell

Parcel A -#128 - 640,639,633,632,631,618 all 6 parcels 1.41 acres $750,000.00

Parcel B is #128 - 636, 637 ,638 all 3 parcels .42 aces for $225,000.00

Parcel A & B at the same time is $900,000.00

820 S Main St. Lowell – parcel #128625 .9 acres with 8,000 SF mtl bldg Price on Request

831 South Church Street Lowell – 10,000 SF of Retail Space across from the Movies at Franklin Square. Brick Construction. Loading Dock, Loading Ramp. Time and Temperature Sign on I-85 with traffic count over 84,000. $1,200,000.00

ALL SUBJECT TO CHANGE WITHOUT NOTICE