NATHANS FAMOUS, INC. 10-K

Item 2. Properties. We currently lease approximately 9,300 square feet of space for our executive offices in Jericho, New York for approximately $396,000 per year, under a lease agreement which expires on March 31, 2029. At March 30, 2025, other Company-owned restaurants that were operating were located in leased space with terms expiring as shown in the following table: Nathan’s Restaurants Location Current Lease Expiration Date Approximate Square Footage Coney Island Brooklyn, NY December 2027 10,000 Coney Island Boardwalk (a) Brooklyn, NY November 2027 3,800 Long Beach Road Oceanside, NY April 2030 4,100 Central Park Avenue Yonkers, NY December 2028 3,500 (a) Seasonal satellite location. At March 30, 2025, in addition to the leases listed above, we were the sub-lessor of one property to a franchisee located within the metropolitan New York area. Aggregate rental expense, net of sublease income, under all current leases amounted to $1,873,000 in fiscal 2025.