• Recent lease extension signed extending the lease term through April 2034
• 9+ years remain on lease with an additional 2 (5-year) option periods to extend
• Features scheduled annual rental increases throughout the initial term
• Fee Simple fully depreciable asset
• Originating as a food cart in 2007, Pupatella has quickly become a household name for Neapolitan Pizza throughout the Washington, D.C. region
• There are currently 10 established Pupatella restaurants with an additional location opening in Maryland soon
• Strategically located at the hard corner intersection of Massachusetts Ave and 3rd St, averaging a combined 30,300 vehicles passing by daily
• The 5-mile trade area is supported by over 795,900 residents and 922,800 employees
• Residents within 1-mile boast an affluent AHHI of $197,911