110 Washington Street, Hoboken, NJ 07030

HIGHLIGHTS:

• Prime Washington Street Location – Irreplaceable retail position along Hoboken’s primary shopping and dining corridor.
• New 10-Year Lease – Maman is committed for 10 years from its October 15, 2026 opening (through October 31, 2036) with no termination option.
• 3% Annual Rent Increases – Contractual annual increases provide consistent NOI growth and a strong inflation hedge.
• Growing Maman Brand – Established in 2014, Maman has expanded to 50+ locations across North America.
• Exceptional Walkability – 99 Walk Score (“Walker’s Paradise”) in one of New Jersey’s most pedestrian-oriented downtowns.
• Dense, Affluent Urban Market – Hoboken attracts young professionals and families seeking immediate proximity and connectivity to Manhattan.
• Premier NYC Commuter Location – Convenient access to the Hoboken PATH Station, ferries and regional transit, providing direct connectivity to Manhattan.
• High-Visibility Retail Frontage – Located directly on Washington Street, benefiting from approximately 10,500 vehicles per day.
• Strong Long-Term Income Growth – Projected NOI increases from $164,201 to $219,060 during the initial lease term, growing the cap rate from 5.65% to 7.54%.