384 Warren Street, Boston, MA 02119

LEASE TERMS: The Property is 100% occupied by Dollar Country (less than one year remaining on their lease), Boston Public Schools (1+ years remaining on their lease with five (5), 2-year renewal options) and Higher Ground (4+ years remaining on their lease with one (1), 5-year renewal option). ATTRACTIVE RENT INCREASES: Boston Public Schools and Higher Ground have leases that call for 3% annual rent increases in their base terms and renewal options providing a steady increase in income and an attractive hedge against inflation. OPERATING EXPENSE PROTECTION: All three tenants reimburse their pro rata shares of real estate taxes, insurance and common area maintenance, protecting against rising expenses and preserving the in-place cash flow.

VALUE-ADD POTENTIAL: Dollar Country has been at this location since 2009 and has less than one year remaining on their lease without any renewal options remaining. The desirable first floor space with outstanding frontage and signage offers upside through lease renewal at market rates, or through a second-generation tenant at market rates.

CONVENIENT LOCATION: The Property is positioned along Warren Street and is convenient to Columbus Avenue, two of the area’s main commuter and commercial corridors. The central location offers proximity to area shopping and restaurants, and convenient access to the major employment centers in Boston, South Boston, and Cambridge.

The Property offers convenient access to MA Route 9, US Route 20, Interstates 90 & 93, and Downtown Boston, just 3.5 miles to the north.

The location also benefits from its proximity to the several universities including Northeastern University (1.5-miles), Simmons University and Emmanuel College (both 2-miles), UMass Boston (2.8-miles), Boston University (3-miles), MIT (3.6-miles), and Boston College (5-miles).

The Property is located along the municipal bus line and offers convenient access to the Jackson Square Station (Orange Line) and Uphams Corner MBTA Station (Fairmont, Franklin/Foxboro & Providence Stoughton Lines) (both 1 mile away).

The Property is 2-miles from the Longwood Medical Area (LMA) a thriving and dynamic community of medical, academic, research and cultural organizations that combine to create a powerful economic engine for the city and the state. LMA institutions generate jobs, care for the sick, educate tomorrow’s workforce and are a cultural resource to the community. Over 112,000 people are in the LMA every day. The LMA is home to world renown medical institutions including Harvard Medical School, Harvard Dental School, Brigham and Women’s Hospital, Beth Israel Deaconess Medical Center, Dana Farber Cancer Institute, Joslin Diabetes Center, and other healthcare and research facilities and attracts billions of dollars in National Institutes of Health (NIH) funding annually, making Boston one of the leading recipients of NIH funding among all U.S. cities for more than 25 consecutive years.

TRAFFIC COUNTS: On average more than 16,800 vehicles pass the property daily at the intersection of Warren Street and Martin Luther King Jr Boulevard.

STRONG DEMOGRAPHICS: Over 62,300 people live within 1-mile of the Property with an average household income of $83,298. An impressive 458,400 people live within 3-miles of the Property with an average household income of $156,601. Additionally, there are more than 370,000 employees within 3-miles of the Property.