DAVITA DIALYSIS HOUSTON, TEXAS SINGLE TENANT NET LEASE OFFERING

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1 DAVITA DIALYSIS HOUSTON, TEXAS SINGLE TENANT NET LEASE OFFERING Representative Photo LEMRX REALTY ADVISORS JOHN LEE or

2 PROPERTY & TENANT HIGHLIGHTS LemRx Realty Advisors is pleased to offer the opportunity to acquire a well-located DaVita Dialysis in Houston, Texas. The property is 100% leased to DaVita Dialysis for 15 years with 10 years of Options. DaVita is one of the 2 largest dialysis companies in the U.S. with over 2,100 domestic locations and serves over 7 million people worldwide. Single tenant building 100% occupied by DaVita Healthcare Partners, Inc. Publicly traded S&P Rated B-, NYSE symbol DVA. 15 yr. primary term with rent increases throughout the primary term and FMV rent bumps in the option periods! Recession resistant business catering to captive audience baby boomer demographic. Warrant Buffett s/berkshire Hathaway owns almost 20% of the outstanding stock of DaVita (and growing).

3 PROPERTY HIGHLIGHTS Chasewood Park Drive / Houston / TX DaVita Dialysis in Houston, TX Prime Location w/ +/-13 Yrs. Remaining on Primary Term (10% Rent Increases Every 5 Yrs!!) DaVita Dialysis is the 2 nd Largest Dialysis Provider in the World (S&P Rated BB) 8,074SF Clinic on 1.73 Acres - Corporate Guaranteed by DaVita Healthcare, Inc. NN Investment with Minimal Landlord Responsibilities (Roof, Structure & HVAC) Near 2 Major Hospitals (Health South Rehabilitation & CHI St. Luke s Health The Vintage Hospital) Located in Vintage Park Shopping & Dining Center Expected Population Growth of over 12% during the next 5 years within 1 mile radius The information above has been obtained from sources deemed reliable. While we do not doubt accuracy, we have not verified this information and make no guarantee, warranty, or representation about it. Buyer is responsible to confirm the accuracy and completeness of the information using Buyer s own experts.

4 INVESTMENT SUMMARY THE PROPERTY LOCATION: Chasewood Park Drive, Houston, TX LOT SIZE: Approx Acres BUILDING SIZE: 8,074 sf YEAR BUILT: 2015 THE LEASE TENANT: DaVita Dialysis GUARANTOR: DaVita Healthcare Partners, Inc. RENT COMMENCEMENT: November 1, 2015 LEASE TERMS: 15 Yr. Base Term with 10% Rent Increases every 5 Years OPTION TERMS: Two 5 year options at an amount equal to 110% of base rent paid during last year of prior lease term. NN LEASE: Landlord responsible for Roof, Structure and HVAC. The information above has been obtained from sources deemed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. Investor is responsible to confirm the accuracy and completeness of the information using Investor's own experts.

5 INVESTMENT SUMMARY cont. BASE RENT Yr. 1 $280, Yr. 2 $280, Yr. 3 $280, Yr. 4 $280, Yr. 5 $280, Yr. 6 $308, Yr. 7 $308, Yr. 8 $308, Yr. 9 $308, Yr. 10 $308, Yr. 11 $339, Yr. 12 $339, Yr. 13 $339, Yr. 14 $339, Yr. 15 $339, PRICE $5,607,720 CAPITALIZATION RATE 5.00% BLENDED CAP RATE 5.60% Vintage Park The information above has been obtained from sources deemed reliable. While we do not doubt accuracy, we have not verified this information and make no guarantee, warranty, or representation about it. Buyer is responsible to confirm the accuracy and completeness of the information using Buyer s own experts.

6 LOCATION

7 AERIAL PT. 1 18,200 + Veh/ Day 320 beds 8,300 + Veh/ Day 260 beds 12,000+ Veh/ Day Dense Residential Area

8 AERIAL PT. 2 Parking

9 SITE PLAN

10 ABOUT THE TENANT DaVita, Inc. (NYSE: DVA) In Italian DaVita literally means to Give Life DaVita Kidney Care is a division of DaVita HealthCare Partners Inc., a Fortune 500 company that is one of the largest kidney care companies in the United States, with corporate headquarters located in Denver, Colorado. A leading provider of dialysis services in the United States, DaVita Kidney Care treats patients with chronic kidney failure and end stage renal disease. DaVita Kidney Care strives to improve patients' quality of life by innovating clinical care, and by offering integrated treatment plans, personalized care teams and convenient healthmanagement services. Since 1999 the company has experienced significant improvements including 11 straight years of improved clinical outcomes and financial results. DaVita acquired Gambro s U.S.-based clinics in This merger nearly doubled the number of DaVita s outpatient facilities, combining DaVita's 664 clinics with Gambro Healthcare s 565 clinics. As of September 30, 2014, DaVita Kidney Care operated or provided administrative services at 2,152 outpatient dialysis centers located in the United States. The company also operates 87 outpatient dialysis centers located in 10 countries outside the United States. Over 2,000,000 patients worldwide need regular dialysis treatment. Due to the aging baby boomer population and captive audience client base, the demand for DaVita services looks favorable. The information above has been obtained from sources deemed reliable. While we do not doubt accuracy, we have not verified this information and make no guarantee, warranty, or representation about it. Buyer is responsible to confirm the accuracy and completeness of the information using Buyer s own experts.

11 DEMOGRAPHICS Houston, TX 1-Mi 3Mi 5Mi Total Population 9, , , Avg. HH Income $95,692 $99,268 $98,015 Houston, TX is the most populous city in the state of Texas and the fourth-most populous city in the United States. Houston s economy has a broad industrial base in energy, manufacturing, aeronautics, and transportation. Leading in health care sectors, Houston has the 2nd most Fortune 500 headquarters of any U.S. municipality within its city limits after New York City. The Port of Houston ranks first in the United States in international waterborne tonnage handled and second in total cargo tonnage handled. Nicknamed the "Space City", Houston is a global city, with strengths in business, international trade, entertainment, culture, media, fashion, science, sports, technology, education, medicine, and research. The city has a population from various ethnic and religious backgrounds and a large and growing international community. Houston is the most diverse city in Texas and has been described as the most racially and ethnically diverse major metropolis in the U.S. [14] It is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year to the Museum District. Houston has an active visual and performing arts scene in the Theater District and offers year-round resident companies in all major performing arts. The information above has been obtained from sources deemed reliable. While we do not doubt accuracy, we have not verified this information and make no guarantee, warranty, or representation about it. Buyer is responsible to confirm the accuracy and completeness of the information using Buyer s own experts.

12 AERIAL OF PREMISES

13 AERIAL OF PREMISES

14 VINTAGE PARK SHOPPING & DINING CENTER

15 LEMRX REALTY ADVISORS JOHN LEE or DAVITA DIALYSIS HOUSTON, TX