718 Rockville Pike, Rockville, MD 20852

Attractive Tenant Mix Consisting of Four Strong Tenants with Long-Term Occupancy

• The property is 100% occupied by a strong lineup of tenants with long-term occupancy; Patient First has been at Center for 13 years or since 2012 and AAA has been in occupancy for 14 years or since 2011

• Franchisee tenants consist of Hangry Joe’s and Crust and Crumb. Hangry Joe’s has been in occupancy since 2022 and is corporately guaranteed. Crust and Crumb is the newest tenant at the Center and has a personal guarantee from a strong operator. There was fierce competition for this space amongst national tenants

• AAA and Patient First are corporately guaranteed leases with significant credit and backing. AAA is a privately held not-for-profit national member association with over 65 million members and approximately 1,000 locations. Patient First is also a privately held regional chain of urgent care centers in the Mid-Atlantic region with over 75 locations

• Tenant mix allows for the offering of daily needs and service-oriented uses with a strong customer draw that are internet-resistant

Passive Investment with Limited Expense Exposure to Landlord Offering with Stable and Passive Cash Flow

• Hangry Joe’s, Crust and Crumb and AAA occupy the multitenant retail strip located on the North side of the parcel

• Patient First occupies a freestanding building located on the South side of the parcel

• All leases are triple net (NNN) lease structures, fully reimbursing operating expenses and minimizing landlord responsibilities— creating a truly passive investment opportunity

• The only reoccurring landlord expense is the ground rent for the ground lease

Staggered Lease Expirations with Annual Rent Increases

• The property has a weighted average lease term (WALT) of 4.4 years coupled with a staggered lease rollover schedule with varying expirations from October-2027 thru May-2035

• Strong WALT and staggered lease roll allows for an investor to hedge their rollover risk over the next 10 years

• AAA, with the shortest lease term, has been in occupancy since 2011 and has previously exercised all of their lease options and benefits from 6 bay doors for automotive repair and service

• All leases feature built-in annual rental escalations in their base term and option periods, ensuring consistent income growth and an effective hedge against inflation

Strong Residual Value in a High Barrier to Entry Submarket

• Rare opportunity to acquire 23,357 square feet across two freestanding buildings located on a prime 2.9-acre site

• Situated along Rockville Pike (MD Route 355), Montgomery County’s most dominant retail corridor, the property benefits from excellent visibility and exposure to over 48,000 vehicles per day

• Retail development, and development in general, is extremely challenging along Rockville Pike which leads to a low threat of future competition and a very high barrier to entry for new retail product

Located in a Dense and Growing Submarket

• Rockville is a dense, affluent submarket within the Washington, D.C. metro area, marked by strong demographics, limited retail development opportunities, and sustained demand from tenants and consumers alike.

• More than 120,000 residents with an average household income of over $179,000 within a 3-mile radius of the subject property

• Numerous new and planned residential, both single-family, townhome and multi-family projects, are located within proximity to the subject property leading to projected population growth of 0.49% annually over the next five years, within a 5 mile radius

Proximity to Major Commuter Arteries, Economic Drivers and Steady Employment Base

• The property benefits from direct access to key transportation arteries including I-270 and the nearby Twinbrook and Rockville Metro

  stations (Red Line), providing seamless regional connectivity

• Situated within proximity to a dense and affluent residential base and a robust employment hub anchored by federal agencies, biotech companies, and Fortune 500 employers. The Rockville submarket is part of the nationally recognized I-270 Life Sciences Corridor, home to NIH, FDA, and major research institutions, providing consistent economic activity and workforce stability

• Surrounded by major demand drivers including the Montgomery County government center, U.S. District Court, and major mixed-us developments. The area’s strong public infrastructure and highly educated population continue to support growth across healthcare, tech, and service sectors

• Rockville is one of Maryland’s most affluent and established suburban markets, with exceptional demographics, a steady employment base, and a history of high occupancy rates—making it a proven location for long-term commercial real estate investment