14930 Silver Trl Ln, Laurel, MD 20707

LONG TERM LEASES: The new construction plaza is 100% occupied by a strong tenant roster with a national presence. Chipotle has a 9+ years remaining on their lease with four (4), 5-year renewal options. Hibachi Express, Lecco Nail Bar, Cinnabon Swirl and Jersey Mike’s all have 10-year leases with two (2), 5-year renewal options. Starbucks has 9+ years remaining on their lease with four (4), 5-year renewal options, and Hangry Joe’s has 10 years remaining on their lease with one (1), 5-year renewal option.

ATTRACTIVE RENT INCREASES: Chipotle’s lease calls for a 12% rent increases at the start of their first renewal option and 10% increase in the remaining three renewal options. Hibachi Express and Jersey Mike’s leases provide for attractive annual increases throughout the base term and renewal options, and Lecco Nail Bar and Cinnabon Swirl’s leases provide attractive increases every five years and at the start of each of their renewal options. Starbucks’ lease calls for 10% rent increases every five years throughout the primary lease term and at the start of all four renewal options. Hangry Joe’s lease calls for attractive 2.5% annual increases throughout the primary lease term and renewal option providing the investor with an attractive increase in revenue and a hedge against inflation.

DYNAMIC TENANTS: The Property features a corporate guarantee with Chipotle, one of the most sought-after restaurant brands in the country. Total revenue for 2024 was $11.3 billion, an increase of 14.6% compared to 2023. Digital sales represented 35.1% of total food and beverage revenue. During 2024 Chipotle opened 304 company-owned restaurants, bringing the total restaurant count at year-end to 3,726. Starbucks Corp. (NASDAQ: SBUX) boasts an investment grade credit rating of BBB+ (S&P) and Baa1 (Moody’s). Starbucks has a market cap of approximately $101.33 billion (8/26/2025) and reported FY 2024 revenues of $36.176 billion, a 1.0% increase over 2023 revenues. Hangry Joe’s is the rapidly growing Nashville-style chicken franchise with a presence from the East to the West Coast. In 2024 Hangry Joe's experienced unit growth of 86.3%. By early 2025, Hangry Joe’s had 107 locations with more opening in 2025. Hangry Joe’s Hot Chicken has been ranked #2 on Restaurant Business magazine’s prestigious Future 50 for 2024. The Property is also home to franchised locations of several national brands including Jersey Mike’s, Hibachi Express, and Cinnabon Swirl.

NET LEASES: All seven Tenants reimburse their pro-rata share of Real Estate Taxes, Insurance and Common Area Maintenance. All of the tenants except for Chipotle and Starbucks also reimburse capital expenses (including roof and parking lot replacement) on an amortized basis. Additionally, all of the tenants except for Lecco Nail Bar have a 5% CAM Cap on controllable operating expenses. The desirable lease structure will protect against rising operating costs.

STRATEGIC RETAIL LOCATION: The new construction Property is extremely well located along Silver Trail Lane, adjacent to the intersection of Konterra Drive and Van Dusen Road. The Property enjoys outstanding frontage, visibility and access and is and is 0.4-miles from Interstate 95 and 1.5-miles from US Route 1, the area’s primary commercial corridor. The Property offers convenient access to MD Routes 198 and 200 as well as the Baltimore Washington Parkway and is just 2-miles from the Muirkirk Train Station. The Property is part of a larger development that is home to Wawa and is positioned in between Duvall Westside, a 484-unit Class A Apartment Community and Avalon Laurel, a 344-unit Class A Apartment Community. The Property is also minutes from densely populated residential neighborhoods that provide a captive customer base.

ECONOMIC DRIVERS: The Property enjoys convenient access to the University of Maryland Laurel Medical Center, the Konterra Business Campus, the Ammendale Business Campus, the Laurel Technology Center, the Indian Creek Technology Park, and a large industrial park that lies parallel to US Route 1 and Old Baltimore Pike, all of which drive traffic to the immediate area.

KONTERRA TOWN CENTER: Envisioned as the urban nucleus of a new live/work/ play district, Konterra Town Center, comprehensively planned and smart-growth designed, will serve as the northern gateway to Prince George’s County, Maryland and focal point on the Baltimore-Washington corridor. Konterra Town Center will be constructed on 488 acres and will feature 1.5 million square feet of retail space, 3.8 million square feet of office space, 4,500 residential units, a 600 room hotel and public facilities throughout the development.

TRAFFIC COUNTS: More than 33,000 vehicles per day pass the Property along Konterra Drive, and an additional 14,300 vehicles per day pass the Property along Van Dusen Road. I-95, which is less than 0.5 miles from the Property (Konterra Drive exit), sees more than 196,400 vehicles per day.

STRONG DEMOGRAPHICS: Over 95,300 people live within 3-miles of the Property with an average household income of $129,303. An impressive 202,100 people live within a 5-mile radius of the Property with an average household income of $144,283. Additionally, there are more than 91,200 employees within 5-miles of the Property.