NOMA Arts Factory

• Unique property located in trendy NOMA - around the corner from Union Market.

• Urban fabric is currently a series of rundown warehouses - wholesale foods and imported knick knacks for restaurants, small retailers and bargain hunters.

• Union Market's upscale boutique shops and expensive, trendy atmosphere herald changes to the urban fabric - evidenced by high rise condominiums sprouting at edges.

• Anticipated that entire warehouse district of NOMA will evolve into a bustling mixed use residential and retail mecca for the burgeoning creative class of DC hipsters.

NOMA Arts Factory

• Former Typography Factory, 50,000 sf concrete frame with masonry infill warehouse boasting 12-14’ ceilings, loading docks, and ample parking at footprint.

• On New York Avenue, near the threshold of DC for the northern Maryland commuters, with a tucked away feel, whilst being close to the action.

• Residential ruled out for issues of zoning, poor views, lack of green space, and busy New York Avenue traffic.

• Proposing office spaces for small, creative businesses such as architecture or graphic design firms, advertising, video gaming creators, and music industry specialists.

NOMA Arts Factory

NOMA Arts

Factory

NOMA Arts

Factory

INCOME STATEMENT INCOME STATEMENT

Revenues Revenues

Rent Revenues 1,750,000 Rent Revenues 1,793,750

Total Revenues 1,750,000 Total Revenues 1,793,750

Expenses Expenses

Operating Expenses 274037 Operating Expenses 280,888

Depreciation Expense 300,846 Depreciation Expense 300,846

Interest Expense 684300 Interest Expense 684300

Total Expenses 1,259,183 Total Expenses 1,266,034

Net Operating Income/(Loss) 490,817 Net Operating Income/(Loss) 527,716