One501 is a five-minute walk (0.4 miles) from the NoMa–Gallaudet Metro Station (Red Line), with one stop to Union Station providing direct Amtrak and VRE access. The Red Line connects residents to the DC CBD (four stops), Rosslyn-Ballston Corridor (eight stops), and National Landing (seven stops), positioning the Property at the center of the region’s commuter network. Access is further enhanced by the Metropolitan Branch Trail, an off-street multi-use path providing a direct, car-free connection to NoMa, Union Market, and the broader trail network.

One501 offers residents direct access to the region’s most active office corridors, including Washington, D.C.’s CBD (47.7M+ SF), National Landing and Amazon HQ2, the Rosslyn-Ballston Corridor (24.2M SF), and Capitol Hill (8M+ SF). D.C. office attendance rose 25% year-over-year in 2025, with 7.3 million square feet leased, underscoring accelerating demand that directly benefits the Property.

One501 sits steps from Union Market, D.C.’s cultural and entertainment epicenter encompassing 3.5 million square feet of office and retail. Residents enjoy walkable access to Michelin-starred Masseria and El Cielo, Pastis, St. Anselm, F1 Arcade, Trader Joe’s, and a 40+ vendor food hall.

One501 is situated within Eckington, one of Washington, D.C.’s most established and character-rich residential neighborhoods – a quiet enclave of tree-lined streets and historic brick row homes that has retained its identity through decades of citywide change. Surrounding single-family and attached row homes are valued at $1,000,000+ as of late 2025 (Redfin), reflecting the sustained demand and long-term ownership culture that defines the area. Eckington’s homeowner-quality streetscape, mature tree canopy, and tight-knit neighborhood identity provide One501 residents with an authentically livable urban environment.

One501 is being offered at a significant discount to replacement cost and well below recent comparable trades in the submarket, providing an incoming investor with an immediate basis advantage on a 2021-vintage, institutionally built asset.

The Property’s 6,554 SF of ground-floor retail is 100% leased to a complementary tenant mix—501 Wine and Spirits, Back to Life Physical Therapy, and Physicality Strength Training—delivering stable, long-term income and minimal capital exposure.

The NoMa submarket has absorbed more than 8,000 units since 2020 despite an unprecedented wave of new supply. With no multifamily units currently under construction or planned for delivery through 2030, the submarket is well-positioned for sustained rent growth and improved operating fundamentals.

Within a one-mile radius, the average household income is $147K, 67% of residents are renters, and 62% hold a bachelor’s degree or higher. In 2025, 41.8% of new move-ins came from outside DC, underscoring deep external demand driven by job relocations and the Property’s strong appeal to incoming residents (CoStar, 2026).