| Contractual Rent Growth: Base rent escalates 10% every 5 years; June 2028 bump lifts NOI to $160,470 and cap rate to 7.37%. (98) |
| Passive Ownership Structure: Tenant pays taxes, insurance, utilities, HVAC, parking and interior; landlord duties near zero. |
| Irreplaceable Hospital-Campus Location: On North Caddo Hospital's campus: only hospital for 30 miles, only dialysis for 30+ minutes. |
| Investment-Grade Credit Behind the Lease: Rent guaranteed by Fresenius Medical Care Holdings (S&P: BBB- Stable), 4,000+ global clinics. |
Jonathan Peranich
Peranich Huffman Net Lease Group
