Mebane, North Carolina Mebane, North Carolina is located in the Piedmont area of North Carolina, about three hours from both the majestic mountains to the West and the beautiful coastline to the East. Centrally located between the international airports of Greensboro and Raleigh Durham, Mebane is brimming with opportunity and is one of the fastest growing areas of North Carolina. 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.472.6437 center facts Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 GROSS LEASABLE AREA 318,910 Blowingsf Rock Mebane POPULATION DIRECTIONS From Raleigh-Durham: 3,414,081 Take I-40/85 West to Exit 154, then right. Turn right on Arrowhead Blvd. DAILY TRAFFIC COUNT I-40/85 at Exit 154 - 85,000 From Winston-Salem/Greensboro: Take I-40/85 East to Exit 154, then left. Turn right on Arrowhead Blvd. MAJOR CITIES Raleigh-Durham, NC (25 miles) Greensboro-High Point, NC (35 miles) Winston-Salem, NC (55 miles) market demographics Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 DEMOGRAPHIC INFORMATION RADIUS FROM CENTER STATS 0-5 MILES 0-10 MILES 0-30 MILES 0-45 MILES 0-60 MILES Population 28,708 110,081 926,298 2,400,751 3,439,596 Households 11,454 43,678 366,194 950,136 1,351,914 Virginiag a Families 8,025 29,535 230,088 609,581 887,262 Danville Average Age 38.6 38.5 35.8 36.2 36.6 Average Household Income $55,388 $51,893 $63,127 $68,053 $64,518 HOUSEHOLD INCOME 0-5 MILES 0-10 MILES 0-30 MILES 0-45 MILES 0-60 MILES Less than $15,000 14.9% 16.6% 14.9% 12.7% 13.6% Mebane $15,000-$24,999 13.3% 13.6% 12.0% 11.1% 11.6% Winston- $25,000-$34,999 12.8% 14.2% 12.4% 11.7% 11.8% Salem $35,000-$49,999 16.2% 16.5% 14.9% 14.6% 14.8% Raleigh $50,000-$74,999 18.8% 18.4% 17.3% 17.7% 18.2% $75,000-$99,999 11.5% 10.3% 10.9% 11.8% 11.8% $100,000-$149,999 8.8% 7.4% 10.3% 12.1% 11.1% $150,000+ 3.7% 3.1% 7.2% 8.3% 7.0% NorthNorth Carolinliina AGE DISTRIBUTION 0-5 MILES 0-10 MILES 0-30 MILES 0-45 MILES 0-60 MILES 0-14yrs 20.9% 20.9% 19.0% 19.8% 20.1% 15-24yrs 11.6% 11.8% 15.4% 14.5% 14.0% 25-44yrs 27.6% 26.6% 28.4% 28.4% 27.9% 45-64yrs 27.5% 27.3% 25.3% 25.7% 25.9% 65+ yrs 12.4% 13.4% 11.9% 11.6% 12.0% market snapshot Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 RETAIL IN THE AREA SHOpping Centers Within 60 Miles Center Name City Miles From Tanger Alamance Crossing Burlington 11.4 Northgate Mall Durham 20.5 The Streets at Southpoint Durham 21.7 The Friendly Center Greensboro 31.3 Four Seasons Town Centre Greensboro 31.8 Crabtree Valley Mall Raleigh 36.7 North Hills Raleigh 38.8 Triangle Town Center Raleigh 41.4 Hanes Mall Winston-Salem 57.6 OUtlet Centers Within 60 Miles Center Name City Miles From Tanger Burlington Outlet Village Burlington 8.9 market snapshot Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 AREA BUSINESSES BUsinesses Within 60 Miles Business Name Number of Employees Miles From Tanger Duke University & Medical Center 30,551 19.5 University of North Carolina 16,600 15.4 Wake Forest University Bapt Medical Center 11,400 56.0 North Carolina State University 10,500 38.8 Nortel Networks 10,000 25.1 Moses H Cone Memorial Hospital 7,500 29.0 Wake Med North 7,000 39.3 Forsyth Medical Center 6,000 57.3 Mc Carthy Brothers Co 6,000 56.0 Western Wake Medical Center 6,000 35.7 LabCorp 3,000 12.1 Alamance Regional Medical Center 2,100 13.5 market snapshot Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 COLLEGES AND AREA ATTRACTIONS COlleges and Universities Within 60 Miles Name City Enrollment Miles From Tanger Alamance Community College Graham 4,637 7.7 Elon University Elon College 4,956 13.0 University of North Carolina Chapel Hill 28,567 15.4 Duke University Durham 14,075 18.9 North Carolina Central University Durham 8,383 21.8 North Carolina A&T University Greensboro 11,098 28.2 University of North Carolina Greensboro 17,157 30.0 North Carolina State University Raleigh 30,149 38.8 Winston Salem State University Winston Salem 5,458 53.5 Wake Forest University Winston Salem 6,739 55.1 area attractiOns Within 60 Miles Name Annual Visits Miles From Tanger Carolina Hurricanes Hockey Team Not Available 35.8 North Carolina Museum of Art Not Available 43.4 North Carolina Symphony Not Available 47.8 North Carolina Furniture Market Not Available 48.3 ENROLLMENT shopper snapshot Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 Zip COde stUdies Market Area 9/17/2012 6/18/2012 2/1/2012 12/5/2011 Burlington/Mebane 20% 18% 18% 12% Chapel Hill/Hillsboro 9% 7% 5% 6% Durham 11% 8% 10% 7% Greensboro/High Point 14% 12% 14% 13% Other Countries 0% 1% 0% 0% Other NC 16% 15% 14% 16% Other USA 13% 19% 16% 13% Raleigh/Cary 13% 14% 14% 25% Winston Salem 4% 6% 8% 8% Sales and Traffic SeasOnalitY JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 5.8% 7.2% 9.0% 8.4% 7.9% 8.1% 7.5% 8.4% 8.0% 7.6% 10.0% 12.1% INTERCEPT STUDIES Shopper Profile This Center Tanger Portfolio Benchmark Females 71% 66% Average Age 43.2 41.1 Average Household Income $88,431 $69,613 Race-Caucasian 62% 70% Martial Status- married 57% 60% Local Resident Shoppers 62% 68% Tourist (self-defined) 37% 32% General Shopping Patterns This Center Tanger Portfolio Benchmark Shopping Frequency (trips per year) 5.5 6.1 Percentage of First Time Visitors 13% 17% Average Number of Stores Visited 6.0 7.4 Average Number of Stores Purchased In 2.5 4.0 Percent of shoppers who made a purchase 93% 97% Length of Shopping Visit 102 minutes 115 minutes Average Size of Shopping Party 2.1 2.7 Average Shopping Expenditure $166 $235 Average Perceived Savings 36% 33% center photography Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 aerial Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 GROSS LEASABLE AREA 318,910 sf center plan Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.409.3631 RALEIGH / DURHAM INTERSTATE 85/40 GREENSBORO/ WINSTON-SALEM 310 320 330 340 380 198 200 210 220 222 224 230 240 260 290 350 250 400 180 736 728 730 732 810 824 830 836 840 820 804 410 700 708 710 720 800 726 740 898 798 140 894 890 886 880 874 860 854 850 742 790 780 770 766 754 882 760 460 120 746 480A 110 560 104 550 536 530 500 480B 670 540 100 660 630 620 570 680 600 Children’s Play Area site plan Mebane, NC | 4000 Arrowhead Blvd. | Mebane, NC 27302 | P 919.304.1520 or 800.472.6437 THINK OUTLETS. THINK TANGER. Sparked by consumer’s love of a bargain, in 1981 our founder, Stanley K. Tanger, created Tanger Outlet Centers and pioneered the dynamic outlet industry. Today, Tanger Factory Outlet Centers, Inc. is one of the largest owners and developers of outlet shopping centers nationwide. Pictured left to right: Tanger Outlets goes public. NYSE:SKT. Stanley K. Tanger, founder of Tanger Outlet Centers. Steven B. Tanger, president and chief executive officer and Stanley K. Tanger. Tanger’s first outlet center in Burlington, NC. STANLEY K. TANGER (1923-2010) “My father’s legacy will be carried forward by all of us at Tanger Outlet Centers. He was an industry pioneer and had a vast knowledge of the company and the outlet industry. His vision and entrepreneurship made the company what it is today, one of the most successful REITs in the outlet industry.” Steven B. Tanger President and Chief Executive Officer Having a history is one thing – making history is another. Tanger Factory Outlet Centers, Inc. 3200 Northline Avenue Suite 360 Greensboro, NC 27408 Phone 336-292-3010 tangeroutlet.com NYSE:SKT.