| New 10-Year Lease Extension Executed – The tenant recently executed a new 10-year lease extension commencing July 1, 2026 |
| 3% Annual Rent Escalations – The lease structure includes 3% annual rent increases, providing consistent income growth |
| Recent Capital Improvements Reduce Near-Term CapEx – The property has undergone significant recent improvements |
| Located in Las Cruces, NM, the 2nd Largest City in New Mexico – The property is positioned in Las Cruces, a growing regional hub |
| Positioned Within an Established Medical Park – The property is located within a large and established medical park surrounded by healthcare providers |
| Corporate Tenant with 85+ Locations Nationwide – The lease is executed by Choice Healthcare Services, a healthcare operator with approx. 85 locaations |
Spencer Vise
Matthews Real Estate Investment Services
