UIP acquired 300 Legion, a 23,750 SF industrial site in July 2023. Built in 1974, 300 Legion is minutes away from the Naval Academy and downtown Annapolis.

Investment Highlights:

• Acquired a stabilized cash flowing industrial asset at an above market cap rate (7.09% Going-in Cap Rate)
• High Cash Yields & Strong Rent Growth
• Fully Occupied Asset
• Supply Constrained Industrial Submarket
• No industrial vacancy within a 5-mile radius
• Nine drive-in doors
• 26 parking spaces
• Located in the Annapolis Design District, the property is adjacent to retail and similar industrial properties
• Proximity to the US Naval Academy
• Minutes to Route-50 and I-97, which connect 300 Legion to DC and Baltimore within 45-minutes