O F F E R I N G M E M O R A N D U M

New 2019 Construction Urgent Care Center

W I N T E R P A R K ( O R L A N D O ) F L O R I D A

CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of M&M, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

Boca Raton

Boynton Beach

Bradenton

Brandon

Cape Coral

Carol City

Coral Springs

Deerfield Beach

Delray Beach

Dunedin

Fort Myers

Fort Pierce

Hallandale

Kendale Lakes

Lake Worth

Lakeland

Lauderdale LakesLauderhill

Margate

Melbourne

Merritt Island

Miramar

North Miami

North Miami Beach

Ocala

Panama City

Pembroke Pines

Pine Hills

Pinellas Park

Plantation

Port Charlotte

Riviera Beach

Sarasota

SunriseTamarac

Titusville

Town N Country

West Little River

Westchester

Altamonte Springs

Bartow

Bayonet Point

Bayshore Gardens

Bellair

Belle Glade

BellviewBrent

Casselberry

Century Village

Cocoa

Cocoa Beach

Conway

Cooper City

Cutler Ridge

DaniaDavie

De Land

Deltona

East Naples

Egypt Lake

Elfers

Englewood

Ensley

Fairview Shores

Ferry Pass

Fort Walton Beach

Gladeview

Golden Glades

Goldenrod

Gulfport

Haines City

Holden Heights

Holiday

Homestead

Immokalee

Jacksonville Beach

Jasmine Estates

Key West

Kissimmee

Lake CarrollLake Magdalene

Lakeland Highlands

Lakeside

Lealman

Leesburg

Leisure City

Lighthouse Point

Lindgren Acres

Lockhart

Longwood

Myrtle Grove

Naples

Naranja

New Port Richey

New Smyrna Beach

Norland

North Fort Myers

North Lauderdale

North Palm Beach

Oak Ridge

Oakland Park

Ormond Beach

Palatka

Palm Bay

Palm Beach Gardens

Palm River

Palmetto EstatesPerrine

Pinewood

Plant City

Port Orange

Port St. Lucie

Rockledge

Sanford

Sarasota Springs

South Bradenton

South Daytona

South Miami

South Miami Heights

St. Augustine

Tamiami

Tarpon Springs

Temple TerraceUniversity

Venice

Vero Beach

Vero Beach South

Warrington

Wekiva Springs

West Pensacola

Westwood Lakes

Winter Haven

Winter Park

Winter Springs

Wright

Fort Lauderdale

Hialeah

Hollywood

Orlando

Clearwater

Daytona Beach

Gainesville

Kendall

Largo

Miami Beach

Pensacola

Pompano Beach

West Palm Beach

Jacksonville

Miami

St. Petersburg

Tampa

1

1

1

1

1

1

1

1

1

1

1

1

1

1

129

129

129

17

17

17

17

17

17

17

17

17

19

19

19

19

19

19

19

19

192

19219A

221

221

231

231

27

27

27

27

27

27

27

27

27

27

27

27

27

27

27

27

27A

27A

27A

27A

301

301

301

301

301

301

301

319

319

331

331

331

41

41

41

41

41

41

41

41

41

41

41

41

441

441

441

441

441

441

441

441

90

90

90

90

90

9090

90

90

90

90

90

92

92

98

98

98

98

98

98

98

98

98

98

98

98

98

98

98

98

10

10

10

10

10

10

10

10

275

4

4

4

4

75

75

75

75

75

75

75

75

75

75

7595

95

95

95

95

95

95

95

95

95

95

Investment Summary .........................................1

Investment Highlights.........................................2

Aerial Map .........................................................3

Site Plan ............................................................6

Tenant Summary ................................................7

Location Highlights .............................................9

Location Summary ...........................................10

Demographics ..................................................11

TABLE OF CONTENTS

1

O V E R V I E W

Price $5,420,000

Gross Leasable Area (GLA) +/- 10,358 SF

Lot Size (approx) 3.4 Acres

Net Operating Income $271,000

CAP Rate 5.00%

Year Built 2018

A N N U A L I Z E D O P E R AT I N G D ATA

Lease Term Annual Rent

Years 1-5 $271,000

Years 6-10 $297,000

Years 11-15 $326,700

Years 16-20 $359,370

N SEMORAN BLVD & HANGING MOSS ROAD, ORLANDO, FLORIDA 32807

PRICE: $5,420,000 CAP: 5.00% RENT: $271,000

INVESTMENT SUMMARY

L E A S E A B S T R A C T

Lease Type NNN

Lease Term 20 Years

Lease Start* August 2018

Renewal Options 4x5

Increases 10% Every 5-years

Roof & Structure Tenant Responsible

* Site is paying rent and lease has commenced, however the site will not bedeliverable until 1stQ 2019 (currently under construction).

2

INVESTMENT HIGHLIGHTSv One of the nation’s largest healthcare providers (S&P BBRated), ranked #63 Fortune 500

v Has expanded past the borders of the U.S. into the UKwith over one hundred and fifty hospitals

v Single story Emergency Room with anticipated completionMarch 2019

v Cared for close to four million patients in 2014 withanother two, or so, million visits to the ER in the state ofFlorida alone

v The subject site is estimated to serve 10,000 patientsper year

v Florida has the second most hospital locations in theCountry

56,215 VPD

295,914 TOTAL POPULATION WITHIN 5-MILE RADIUS

$71,449AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS

- N SEMORAN BLVD

N S

EMO

RAN

BLV

D -

56,

215

VPD

1.4577

3

tm

®

Walgreens

McDonald’s

E COLONIAL DRIVE

Orlando VA Medical Center

Orlando VA Outpatient Clinic

Winter Park Memorial Hospital

Florida Hospital

Orange County Public School District

2 Miles

Florida Hospital East

Burger King

Winter Pines Country Club

6.95 Acre in-line retail development under construction with delivery 1stQ 2020

4

E COLONIAL DRIVE

Proposed signalized intersection6.95 Acre in-line retail

development under construction. Scheduled for 1stQ 2020 delivery with 1,000 SF of inline retail and .5 acres earmarked for a ground lease

Projected to receive 10,358 +/- patients

per year upon completion 2019

5

6

N SE

MOR

AN B

LVD

(STA

TE R

D 43

6)

HANGING MOSS RD

SITE PLAN

7

HOSPITAL CORPORATIONS OF AMERICA (HCA)Hospital Corporations of America (HCA) is a for-profit health care operator within the United States. HCA stands for the best practices of medicine, using our reach, scale and stability to transform healthcare and help communities thrive. One of the nation’s leading providers of healthcare services, HCA is made up of locally managed facilities that include 178 hospitals and 119 freestanding surgery centers located in 20 U.S. states and in the United Kingdom. Having been founded in Nashville, Tennessee, thanks to Dr. Thomas F. Frist Sr, his son, Jack C. Massey, and Henry Hooker, they immediately wanted to expand and modernize their facilities to accommodate the latest technology and deliver the services that meet the needs of a growing community. Their nurses and clinical staff are highly trained, and physicians affiliated with their facilities represent all major medical and surgical specialties. Being accredited by the Joint Commission as well as names Top Performers on Key Quality Measures, not to mention other accomplishments/achievements, have helped the HCA obtain the reputation it has today. In 2010, HCA announced they were, once again, going public with north of four and a half billion IPO. Just a year later, they sold over one hundred and twenty million shares at thirty dollars per share raising close to four billion which, at that time, was the largest private-equity backed IPO in U.S. history.

In terms of why HCA is a quality healthcare corporation, not only do they operate hundreds of hospitals domestically, but they have expanded

to the United Kingdom and had operated over a hundred hospitals overseas by 2012. With their physicians and nurses constantly working together they share best demonstrated practices in quality and clinical operations and collaborate to create a full continuum of care and specialty services for the communities they serve. With one of their mottos being, “Actions speak louder than words” the HCA is determined to deliver patient-centered healthcare no matter the circumstance. They are truly for the people as demonstrated by Co-Founder Dr. Frist Sr. by stating, “Bricks and mortar do not make a hospital. People do.” HCA has managed to catapult itself to being one of the nation’s leading providers of healthcare services, and even holds joint research projects with corporations like the Center for Disease Control (CDC) and the Harvard Pilgrim Institute (HPI). With their ultimate goals of strengthening communities, the HCA undoubtedly goes above and beyond anyone’s expectations, with employees pledging over eight million to community agencies and volunteering more than thirty-five thousand hours in 2015 alone. Who wouldn’t want HCA backing them?

HCA, the nation’s largest healthcare company broke ground in 9/2017 on a new 64-bed acute care hospital in Oviedo, FL. The new Medical center when it opens is projected to service over 35,000 patients in its first year.

TENANT SUMMARY

Oviedo Medical Center Expansion News Sept 2015 (Click to see article)

OrlandoOrlando

Winter Park

Pine Hills

OrlandoInternational

Airport

Kissimmee

Azalea Park

Union ParkAlafaya

Chuluota

Maitland

EatonvilleLockhart

Hiawassee

Ocoee

ParadiseHeights

Winter Garden

Tildenville

Windermere

Lake Butler Bay HillOak Ridge Pine Castle

Sky Lake

Millenia

Williamsburg

Meadow Woods

BuenaVentura Lakes

SoutheastOrlando

Vista East

Conway

Lake Nona

Lake Hart

Lake BuenaVista

Hunters Creek

CelebrationWindsor Hills

Four Corners

Oakland

441

441

441

441

192192

414

414

417

417

417

417

530

527A

408408 526

526

527

528

535

417

417429

429

536

528

552

551

408

436

426

551

438

423

423

435

424

429

429

434

420

50

50

15

50

5050

4

4

4

4

NASHVILLE, TNHEADQUARTERS

OWNERSHIP INDUSTRY

LOCATIONSFOUNDED

HEALTHCARE

178 HOSPITALS & 119 SURGERY CENTERS1968

PUBLIC

CEO

R. MILTONJOHNSON

PRESIDENT/COO

SAMUEL N. HAZEN

HCA

8

OrlandoOrlando

Winter Park

Pine Hills

OrlandoInternational

Airport

Kissimmee

Azalea Park

Union ParkAlafaya

Chuluota

Maitland

EatonvilleLockhart

Hiawassee

Ocoee

ParadiseHeights

Winter Garden

Tildenville

Windermere

Lake Butler Bay HillOak Ridge Pine Castle

Sky Lake

Millenia

Williamsburg

Meadow Woods

BuenaVentura Lakes

SoutheastOrlando

Vista East

Conway

Lake Nona

Lake Hart

Lake BuenaVista

Hunters Creek

CelebrationWindsor Hills

Four Corners

Oakland

441

441

441

441

192192

414

414

417

417

417

417

530

527A

408408 526

526

527

528

535

417

417429

429

536

528

552

551

408

436

426

551

438

423

423

435

424

429

429

434

420

50

50

15

50

5050

4

4

4

4

LOCATION HIGHLIGHTS

Over 6 acres of new retail under

development adjacent to the site

The site is to be located at a

proposed signalized intersection.

WINTER PARK, FLORLANDO METROPLEX AREA

56,215 Vehicles Per Day on

N Semoran Boulevard

Thirty Minutes from Universal Orlando

Resort

M A J O R E M P L O Y E R S : 2 0 1 7O R L A N D O , F L

Walt Disney World 74,000

Orange County Public Schools 23,929

Universal Orlando Resort 21,000

Florida Hospital 20,413

Publix Supermarkets Inc. 19,783

Orlando International Airport 18,000

Orlando Health 16,828

University of Central Florida 11,833

Orange County Government 10,532

Seminole County Public Schools 7,596

7 Miles to Downtown Orlando

9

Winter Park, Florida, specifically the Baldwin Park area, is one of the most affluent zip codes in Central Florida.

Winter Park is a suburban city within Orlando, Florida. Known for its abundance of outdoor space and civic leadership, Winter Park is considered a very progressive and business friendly city. In the nineteenth century, migrant Muscogee people were the first human residents and they eventually evolved into the popularly known Seminoles (Current mascot of Florida State University). The city didn’t start to develop until the late nineteenth century when railroad tracks connected it to the rest of the state and before long, the rest of the country. Fast forward, the city’s population is growing at a sustainable rate at about 1% a year, increasing its total population, adding the Orlando Metropolitan Population which grew to 2,387,138—the 24th largest city in the US. In 2017, the city added 55 acres of open public parkland. Taxes remains at the same level and have not been raised in 11 years, yet through controlled fiscal governance the city’s general fund increased 20% in 2018.

Winter Park is barely a half hour’s drive from Universal Studios Orlando Resort which is a popular vacation spot for many U.S. citizens, pretty much all throughout the year. Additionally, within Winter Park itself, the Mead Botanical Garden which is close to a fifty-acre park encompasses several ecosystems and is another popular attraction for tourists with many of its structures being more than one hundred years old. Winter Park is also known for its abundance of museums ranging from art museums and sculpture gardens to historical museums and everything in between. Additionally, the city’s summer lasts about six months on average coupled with warm showers occurring mostly in July and August. It’s a cheaper place to live since average rent for most rental apartments is just over one thousand dollars a month which, in comparison to nearby cities, is on the cheaper side of rent. It’s average income per capita is just shy of fifty thousand a year which is more than the state of Florida as a whole. Due to its proximity to the east coast and its beaches, Winter Park, FL has become a tourist attraction as well as a place where natives of Florida want to live due to its above-par living conditions.

WINTER PARK, FL

10

DEMOGRAPHICS / WINTER PARK, FL

295,914Total Population Within 5-Mile Radius

$71,449Average Household Income

Within 5-Mile Radius

$47,656Median Household Income

Within 5-Mile Radius

127,457Total Households Within

5-Mile Radius

16.77% From 2000

11

POPULATION 1 MILE 3 MILES 5 MILES2022 Projection

Total Population 13,003 106,963 308,1092017 Estimate

Total Population 12,158 102,345 295,9142010 Census

Total Population 10,653 92,371 269,555

2000 CensusTotal Population 9,132 85,206 260,060

Current Daytime Population2017 Estimate 29,501 123,972 389,320

HOUSEHOLDS 1 MILE 3 MILES 5 MILES2022 Projection

Total Households 5,864 45,384 134,8602017 Estimate

Total Households 5,382 42,751 127,457

Average (Mean) Household Size 2.13 2.31 2.282010 Census

Total Households 4,712 38,562 116,0242000 Census

Total Households 3,927 35,235 109,148Occupied Units

2022 Projection 5,864 45,384 134,8602017 Estimate 5,710 45,103 136,380

HOUSEHOLDS BY INCOME 1 MILE 3 MILES 5 MILES2017 Estimate

$150,000 or More 8.20% 8.43% 8.44%

$100,000 - $149,000 9.33% 9.51% 10.08%$75,000 - $99,999 9.31% 9.98% 10.58%$50,000 - $74,999 17.58% 17.84% 18.94%$35,000 - $49,999 15.80% 14.29% 14.40%Under $35,000 39.78% 39.95% 37.57%

Average Household Income $64,240 $69,734 $71,449

Median Household Income $44,047 $45,296 $47,656

Per Capita Income $28,703 $29,427 $30,965

HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotal Average Household Retail Expenditure $57,681 $58,410 $59,644Consumer Expenditure Top 10 Categories

Housing $15,043 $15,319 $15,723Shelter $11,567 $11,483 $11,621Transportation $8,933 $8,967 $9,174Food $5,864 $5,906 $6,037Personal Insurance and Pensions $4,383 $4,599 $4,768Health Care $3,241 $3,609 $3,781Utilities $3,148 $3,259 $3,354Entertainment $2,615 $2,909 $3,030Apparel $1,689 $1,666 $1,717Household Furnishings and Equipment $1,357 $1,421 $1,474

POPULATION PROFILE 1 MILE 3 MILES 5 MILESPopulation By Age

2017 Estimate Total Population 12,158 102,345 295,914Under 20 19.66% 21.87% 20.69%20 to 34 Years 36.60% 29.35% 27.51%35 to 39 Years 6.77% 6.62% 6.99%40 to 49 Years 11.10% 12.09% 12.91%50 to 64 Years 14.96% 17.25% 18.47%Age 65+ 10.88% 12.83% 13.44%Median Age 31.47 34.18 36.21

Population 25+ by Education Level2017 Estimate Population Age 25+ 8,207 69,520 209,919Elementary (0-8) 1.43% 2.63% 2.78%Some High School (9-11) 7.09% 7.36% 6.57%High School Graduate (12) 20.36% 24.62% 24.61%Some College (13-15) 18.94% 18.86% 19.24%Associate Degree Only 13.32% 10.74% 10.52%Bachelors Degree Only 23.56% 22.65% 23.60%Graduate Degree 13.95% 12.09% 11.71%

12

W I N T E R P A R K ( O R L A N D O ) F L O R I D A

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

Lior.Regenstreif@marcusmillichap.comLicense: CA 01267761