Brand New DAVITA DIALYSIS Build to suit 2443 Monarch, Laredo, Texas 78405

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1 PROPERTY PROFILE Brand New DAVITA DIALYSIS Build to suit 2443 Monarch, Laredo, Texas Sample Prototype 15 year NNN Lease (modified) with 2.0 % Rent Increases Every Year. New 2017 Build to suit Construction (Lease Guaranteed by DaVita Healthcare Partners). Fortune 500 Company, with an S & P Rating of BB, and a $15.6 billion market cap LEMRX REALTY ADVISORS MEDICAL SPECIALTY GROUP Pat Pierson, Alexis B., Dan Lem / direct@lemrx.com

2 PROPERTY HIGHLIGHTS 2443 Monarch, Laredo, TX 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. Publicly trade S&P Rated BB, NYSE symbol DVA. Brand new 15 Yr. primary term w/ rent increases during the primary term and 3 additional 5 year options. Recession resistant and growing business catering to captive audience baby boomer demographic. Warren Buffett s Berkshire Hathaway owns almost 20% of the outstanding stock of DaVita. Free Standing Building; New 2017 Construction. Newly completed build to suit construction with functional, reusable design.

3 DEAL SUMMARY 2443 Monarch, Laredo, TX THE INVESTMENT: Rent: $ 221,025 with 2% bumps each year! $ 225, beginning June Expenses: NNN (Modified)* Landlord responsible for roof/structure however tenant reimburses for insurance to cover structure. Tenant responsible to pay/reimburse for roof repairs, parking repairs, HVAC repairs, property taxes and insurance on amortized basis i.e. years remaining over useful life of replacement. See Lease for details. Rent Commencement: August 1, 2017 Lease Terms: 15 Yr. Primary term. Rent Increases: Approx. 2 % increase every year during primary term Option periods: Three 5 Year Renewal Options Tenant: DaVita Dialysis (NYSE: DVA ) THE PROPERTY: Building Size: Approx. 10,525 SF Lot Size: Approx. 1.2 AC Construction Completed: 2017 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.

4 MAP 2443 Monarch, Laredo, TX Fort Worth, TX Dallas, TX Austin, TX Houston, TX San Antonio, TX Laredo, TX Corpus Christi, TX 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 Aerial 2443 Monarch, Laredo, TX Open 24 hrs 180 Bed Hospital 326 Bed Hospital 60 Bed Hospital

6 Aerial 2443 Monarch, Laredo, TX Windsor Place Apartments Dr. Malakoff Elementary School 180 Bed Hospital Laredo, TX

7 Actual Store Photos 2443 Monarch, Laredo, TX 78405

8 Actual Store Photos 2443 Monarch, Laredo, TX 78405

9 Site Plan 2443 Monarch, Laredo, TX 78405

10 Location Summary & Demos 2443 Monarch, Laredo, TX Laredo is the county seat of Webb County, Texas, located on the north bank of the Rio Grande in South Texas. According to the 2010 census, the city population was the tenth most populous city in the state of Texas. Laredo s economy is based on international trade with Mexico, Most major transportation companies have a facility in Laredo. The city's location on the southern end of I 35 close to the manufacturers in northern Mexico promotes its vital role in trade between the two nations. Laredo International Airport is within the Laredo city limits. Laredo has a professional soccer team, the Heat; baseball team, the Laredo Lemurs; and a women s full contact football team, the Laredo Roses. Texas A&M International University and Laredo Community College are located in Laredo. 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.

11 Location Summary & Demos 2443 Monarch, Laredo, TX 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.

12 DaVita 2443 Monarch, Laredo, TX 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 health management 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 and growing baby boomer population and captive audience client base, the demand for DaVita services looks favorable. DaVita Kidney Care supports numerous programs dedicated to creating positive, sustainable change in communities around the world. The company's leadership development initiatives and social responsibility efforts have been recognized by Fortune, Modern Healthcare, Newsweek and WorldBlu. The information The information above above has has been been obtained from sources deemed to be reliable. While we we do do not not doubt doubt its accuracy, its accuracy, we have we have not verified not verified it and it make and no make guarantee, no guarantee, warranty warranty or or representation representation about about it. it. Investor Investor is is responsible to confirm the the accuracy and and completeness completeness of the of the information information using using Investor's Investor's own experts. own experts.

13 Trending Forward 2443 Monarch, Laredo, TX From an investment perspective, health system mergers and acquisitions stand to elevate the overall credit characteristics of the nation s medical office sector, resulting in additional high quality acquisition opportunities, and potentially more favorable financing terms. While a shrinking tenant pool, along with ongoing pressure on reimbursements, may act as headwinds, the lower risk profile associated with hospital grade tenants should counterbalance any impact That said, healthcare industry consolidation and an approaching wave of physician retirements will contribute to further divergence in property performance and values based on asset age, as large providers overlook many aging properties due to their inflexible designs. Newer properties will become higher in demand. In addition to cost containment and efficiency, healthcare providers are also focused on aligning their operations with consumer demand, hence, the demand for dialysis services is expected to grow significantly with baby boomers reaching retirement age to the tune of over 10,000+ people per day. 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.

14 Trending Forward 2443 Monarch, Laredo, TX Today s patients, select their doctors based not only on the quality of care offered but also on the ease of access, which is driving hospitals to expand into community based settings and encouraging large practices to open satellite offices. This bodes well for medical office owners, as many providers, including physician practices affiliated with or owned by major health systems, will favor well located multi tenant medical office buildings, particularly those boasting tenant rosters that promote cross referrals. At the same time, however, some share of tenant demand will be diverted to storefront clinics and large ambulatory care centers, which are often established in build to suit facilities but can also take shape in vacant big boxes and dead malls. Full service outpatient facilities are likely to become more commonplace, especially among health systems venturing into the insurance business, as in network services carry substantially lower costs than other alternatives. More providers will also incorporate tele health systems into their operations, allowing them to cost effectively reach more patients despite a shortfall of practicing physicians. 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.

15 Brand New DAVITA DIALYSIS Build to suit 2443 Monarch, Laredo, Texas Sample Prototype LEMRX REALTY ADVISORS MEDICAL SPECIALTY GROUP John Lee & Dan Lem Pat Pierson, Alexis B., Dan Lem / john.lee@lemrx.com direct@lemrx.com direct@lemrx.com