• 9+ years remain on this corporate lease with 2 (5-year) options to extend, demonstrating their long-term commitment to the site • The lease features 3% annual rental increases starting April 2027, increasing NOI and hedging against inflation • Casa De Montecristo is a premier, modern cigar store featuring a large selection of premium cigars as well as premium smoking cigar accessories • Today, there are 23 Casas across the USA, including company-owned stores and licensed-based partnerships with some of the top established premium cigar retailers in the country • 1132 19th Street is one of only 5 establishments in Washington D.C. with a license that allows smoking on the premises • The lease carries a corporate guarantee from JR Cigars, the world’s largest distributor and retailer of premium cigars • Very strong sales and private club membership • Massive air exchange and air filtration system installed in 2018 • Tenant pays for CAM, taxes, insurance, and all maintenance and repairs • Landlord responsibilities limited to structure & roof replacement • Ideal, low-management, depreciable investment for a passive investor • Casa De Montecristo is strategically fronting 19th Street NW, averaging 12,600 vehicles passing by daily • Located in the heart of the Golden Triangle CBD (K Street, DuPont Circle, Connecticut Ave) • 33 million square feet of office space • 85,000 daytime workers • Walking distance to four Metro stations (Farragut North, Farragut West, Foggy Bottom and DuPont Circle) • Avg. Ridership (Weekday / Weekend): Farragut North 24,462 / 7,291, Farragut West 23,399 / 7,204, DuPont Circle 20,671 / 17,713 • Full building and systems renovation in 2016 • Massive air exchange and air filtration system added in 2018 • The Golden Triangle includes seven parks, a wide array of retail businesses, nearly 2,000 hotel rooms, and thousands of firms and organizations • Events in Farragut Square bring music, fitness, and movies outside for all to enjoy, and the Grow Golden pop-up program brings additional small businesses to the area • A project at 1111 20th Street NW will convert an existing 185,000 SF office building into a Class-A residential development with 12,000 SF of ground-floor retail space. • Nearly 400,000 residents and 776,000 employees support the trade area