| Brand new 7-year lease with FirstHealth of the Carolinas, Inc. | 2% annual rent increases continue through the entire term, including both options |
| High investment grade credit | AA (Fitch) | Stable outlook |
| Direct lease with the health system parent | 4 hospitals with 610 licensed beds | 6,600 plus employees | 140 medical office locations across NC |
| Proven medical location | Building has operated as medical office space continuously since its 1981 construction |
| 15 minutes from FirstHealth Moore Regional Hospital in Pinehurst | The system’s 402-bed flagship and referral center for a 15-county region |
| Tenant bears all operating costs | Utilities and service contracts paid directly by tenant, with taxes and insurance fully reimbursed to landlord |
Ransome Foose
Berkeley Capital Advisors
