Investment Highlights Fee Simple Ownership | NNN Lease | Ideal, Low-management and passive investment • Fee simple investment includes ownership of land and building • Investment Grade Credit Lease – Howard University (Fitch BBB) • 85% of Acquisition Price are depreciable Improvements • Howard contracts and pays for on-site property management (Lincoln Property Management) • Howard pays CAM, RE taxes, insurance and maintains and manages most aspects of the property • Landlord responsible for waterproofing the structure and replacement capital cost of exteriors. • Quarter $Million in Capital improvements made and paid for by Howard University includes full commissary & catering kitchen build-out, paint, carpet and furniture • 20’ ceiling height for the 1st Floor Auditorium, and 9-14’ ceiling heights for Lower Level to 4th Floor New Campus Commissary and Catering Kitchen Buildout • Food services and special events catering for the university will be prepared at this location Prominent Location | Excellent Transportation Options • Five-minute walk to two Metro Stations - Shaw/Howard Metro (5,000 daily riders) and U Street Metro (5,500 daily riders) • 3 Minutes from the main Howard University campus • Located in a highly walkable and bike-friendly area, with ample on-street parking