The facility has been completely renovated including the following:

• all offices have new trim paint, wallpaper and carpet

•completely remodeled bathrooms

•new paint in warehouse

•new paint in manufacturing area

•new paint, wallpaper, wood laminate floor in break area

This facility is truly move-in ready. At $45 per square foot, there is nothing comparable in the Danville market.

Identification of the Subject Property
The subject property is located at 1 EDS Way, Airside Industrial Park, Danville, Virginia 24540. The subject tract is identified as Tract 6A containing 5 acres.

Legal Description
The subject property is identified by the Danville Tax Assessors Office as "NO 6A (5.00 AC) CANE CREEK BOULEVARD & EDS WAY", Parcel ID: 77394. A detailed legal description is located in Will Book 08 31 and Deed Book 820-576 as found in the Clerk's Office of the Circuit Court of the City of Danville, Virginia.

Recent Ownership Record
The unimproved site was purchased in 1987 for a reported consideration of $50,000 and recorded in the above referenced Deed Book. Mrs. Joan Gignac died January 11, 2008 passing her ownership interest to Mr. Roy Gignac by Will Book 08 31. The subject property has not sold within the last three years.

Neighborhood Description
The subject is located in the Airside Industrial Park. The park is improved with curbed roadways, street lighting, fiber optic cable accessibility, in-park recreational areas, and all utilities. The park's design is state of the art, with its primary strength being its mix of sites.

Site Description - Location
The subject property is located at 1 EDS Way, Danville, Virginia 24540 in the Airside
Industrial Park.

Size/Shape
Refer to the following plat, the subject parcel contains 5 acres.

Topography/Soils
The building is on or slightly below grade. There is adequate room for the subject improvements. There is no apparent drainage problems associated with the property, and a visual inspection of the site indicates that the soils provide adequate support for existing improvements. To date, there have been no reports of settlement problems with either the soil or subsoil. According to flood insurance rate map 510044 0016 C provided by the Federal Emergency Management Agency the subject parcel is not located in a designated 100 year flood plain area. The effective date of this map is August 9, 2001. According to the City of Danville the area is covered by the regular National Flood Insurance Program.

Utilities
The subject site has public water, sewer, natural gas, electricity and telephone.
see historical utility information/2010

see historical utility information/2009

see historical utility information/2008

Internet Access
Internet access is available through the normal vendors as well as the City of Danville fiber network. E.D.S. is presently using the City of Danville fiber through Gamewood Data Systems. Cost for a T1 connection is approximately $125 per month.

Easements/Encroachments
The typical utility easements are present. There are no known adverse easements,
encroachments nor special assessments.

Zoning
The subject property is zoned LEDI, Light Economic Development District. This zoning district is established to provide locations within master planned "business park" environments for research technology, development, training, corporate employment offices, and light manufacturing and warehousing users. The subject improvements are a legal use.

Assessments and Taxes
The Danville Tax Assessor's Office identifies the subject parcel as 77394. The assessed value for the land is $55,000 and $625,800 for the improvements for a total of $680,800. The present tax rate of the City of Danville is $0.73 per $100.00 of value. The taxes for the current year are estimated at $4,970. (see current tax bill)

Improvement Description
The subject site is improved with a 20,000 square foot building, parking, paved drives and landscaping.

The site is improved with a pre-engineered steel building built on a reinforced slab with stone veneer, metal siding and a metal roof. The twenty year old building is fully sprinkled and has R-19 insulation in the ceiling and walls. A functional short coming of the building is an eve height of 12'3". Other site improvements will include site grading, utility hookups, paved drives, an 84 space parking lot, walks and landscaping. The building and grounds are well maintained and attractive.

Facility Drawings

Building Elevations

Compressed Air

Floor Plan

Floor Plan & General Notes

HVAC Plan

Lighting Plan

Plumbing Floor Plan, Schedule, Risers & Details

Site Plan

Site and Utilities/Electrical

Finished office, 6,000 square feet
The office area is finished insulated windows, gypsum board, drop ceilings and carpet/vinyl flooring. The area has central HVAC. The quality of construction is average and its condition average to good. The front office ceilings are 9'.

Manufacturing/Assembley, 7,800 square feet
This area has open ceilings, extensive electrical on racks for easy adjustment, compressed air and central HVAC. The ceilings are 15' 9.5" on the front (road) side of the facility and 11' 9" on the rear (parking lot) side of the facility.

Warehouse
The warehouse area is insulated and has gas space heaters but no air conditioning.