| LONG-TERM LEASE | TRIPLE NET LEASE: The Property is secured by a long-term lease with approximately 14.5 years remaining. |
| ANNUAL ESCALATORS: The lease structure features strong built-in rental escalations, with an 8% increase in Year 4, followed by 2.5% annual increases. |
| GROWING OPERATOR: Founded in 2021, Hopscotch Primary Care is rapidly expanding its footprint, now operating 11 clinics serving over 15,000 patients. |
| RECESSION RESISTANT ASSET CLASS: Medical real estate is a recession-resistant asset class, driven by the essential nature of healthcare services. |
| GROWING INDUSTRY: As of 2025, the U.S. primary care market is valued at approximately $290.91 billion. |
Tyler Swade
Matthews Real Estate Investment Services
