| 8.00% going-in cap rate on 100%-occupied, in-place income — $1,595,000 ($139/SF) |
| Directly across from Sierra Nevada Memorial Hospital (Dignity Health) |
| ~70% medical tenancy across 9 tenants / 10 suites — no single tenant exceeds ~23% of gross revenue |
| Immediate mark-to-market upside — weighted-avg. in-place rents ~8.3% below market; ~28% below hospital-adjacent comps at 150 Catherine Lane |
| ~75% of revenue on month-to-month tenancy for flexible rent resets; anchored by three termed leases, including a new 5-year lease through May 2031 |
| Three free-standing buildings on 1.12 acres — 44 spaces (3.8/1,000 SF), recently slurried and re-striped |
Tyson Tucker
Tucker Commercial