Northmarq is pleased to exclusively offer the opportunity to acquire the fee simple interest in the Schmidt Medical Center, a multi-tenant medical outpatient building located in Mill Creek, WA (Seattle MSA). The Property is currently 95% occupied (100% leased) and contains a synergistic tenant mix of eye care, dental care, and primary care practices. All leases are subject to a NNN structure with annual rent escalations, providing a hedge against inflation. The Schmidt Medical Center currently has a weighted average lease term (“WALT”) of 4.6 years. The Subject Property is anchored by Optum Care who has been a tenant since 2005. Optum is an American Healthcare provider with 2,200 primary and specialty care offices across 16 states. Optum is a direct subsidiary of UnitedHealth Group Inc (NYSE: UNH) who is credit rated AA- by Standard & Poor’s Rating Service. UnitedHealth Group reported a 2024 revenue of $400.3 billion while Optum reported a 2024 revenue of $253 billion, an 11.7% year-over-year increase.