Up to $600,000 in first year tax savings through Cost Segregation & Depreciation - 3% Annual Rent Increases - NNN Fee simple passive investment - Land and building acquisition, 80% depreciable asset - Investment Grade Credit Rating (Fitch BBB) The Howard University - On-site property manager paid by tenant - Two blocks from Howard University Campus and Metro Station - $1.2M Building Renovation in 2012 - new rooftop, HVAC, light fixtures, restrooms