Greetings gentlemen,

I appreciated the opportunity to view the property at 1919/1921 18th NW and I have a proposal that can make this work for all of us.

Your group is seeking $84 per square foot based on the belief in the cannabis industry’s stability in our area. As tenants, we are prepared to proceed at $48 per square foot.

We’ve designed a structure that bridges this gap while aligning all incentives through a strategic partnership with Presidential Flightz.

Partnership Highlights

• 1919/1921 18th St Group receives 12% equity in Presidential Flightz by providing the location as an in-kind investment.
• Guaranteed $10,000 monthly rent for the full 10-year term, independent of sales.

Industry Performance

The sixty licensed DC medical dispensaries reported $5.8 million in sales for October 2025. That’s a median of $97,000 per store for the month.

Based on market data and our operational model, Presidential Flightz is confident we can achieve $100,000+ monthly revenue at the 1919/1921 18th St location.

Projected Return to Ownership Group

At industry averages, this partnership would generate approximately $1.5 million to the 1919/1921 ownership group over 10 years via equity, rent, and growth participation.

Operational Commitment

Presidential Flightz will begin quarterly payments once the licensed facility becomes operational. Your startup burden is minimal—simply review and accept the agreement.

We appreciate your time and look forward to discussing the next steps. We are hopeful for a swift review and a strong long-term partnership.