| Value-Add Investment – The Property is currently 82% occupied with the ownership group signing 13 new leases in 2024 |
| Location – Located directly off the I-5 freeway on Harvard Ave. The Property is just two miles south of the region’s major hospital system, Chi Mercy |
| Historical Occupancy – 41% of the GLA has occupied the premises for over 10 years |
| Low Competition – Located in a market with low 5% medical office vacancy rate and no new medical office space under construction or delivered recently |
| Cashflow - The Property offers strong cash-on-cash return of 10.74% |
Michael Kapnick
Northmarq
