Copy Link to Download Offering Memorandum: https://www.pcplistings.com/listings/130alvarado/ CBRE is pleased to offer the opportunity to acquire the fee simple interest in a newly renovated myPlace Health facility located in Los Angeles, California. The Property is 28,017 square feet and sits on ±0.87 acres of land. This myPlace Health location is a PACE eligible facility (“Program of All-Inclusive Care for the Elderly”). Investment Highlights Long-Term NNN Leased Class A Outpatient Medical Backed By Major Health Insurance Provider * CORE “WFH-RESISTANT “INVESTMENT | The offering presents a rare opportunity to acquire a newly-renovated and highly improved medical outpatient facility in one of the country’s best healthcare markets. Located in Los Angeles, the property is a purpose-built facility to provide immediate healthcare to its target demographics. * DURABLE CASH FLOW WITH INFLATIONARY HEDGE | New ownership enjoys an in-place NNN lease that spans ±12 remaining years. The lease generates a net income totaling ±$1.07 million in the first year of ownership. A 2.4% average annual increase in rent provides an attractive hedge against future inflationary pressures with in-place rents approximately 8% below CBRE’s conservative market rent assumptions. * BONUS DEPRECIATION ADVANTAGE | Given the new tax legislation passed July 2025, new ownership has the opportunity to accelerate the depreciation deduction to the first year of ownership, which would provide significant upfront tax savings and improve cash flow. CBRE’s Cost Segregation Analysis estimates that such Year 1 deduction could total as much as ±$4.0M with this purchase. * CORPORATE GUARANTEE | The Tenant, myPlace Health, has a corporate guaranty from Scan Health Plan. Scan Health Plan is one of the largest not-for-profit Medicare Advantage Prescription Drug plans in the country. As of 2022, Scan had listed revenues of $4.3 billion and total assets of $895 million. Densely Populated Commuter Corridor with Excellent Access * The Property is ideally situated on South Alvarado Street, a commercial corridor that connects many nearby neighborhoods to the densely populated Metro Los Angeles area. It is also conveniently close to downtown Los Angeles—less than a five-minute drive to the city center. * Located in the heart of the Metro area of Los Angeles, the Property benefits from immediate access to a multitude of major freeways including the Golden State (5), Harbor (110), San Bernardino (10), and Hollywood (101) Freeways, providing premier regional access to the Greater LA area. Excellent Outpatient Medical Fundamentals * PERMANENT DEMAND | There is growing appeal and influx of capital into outpatient medical buildings due to steady demand growth, stable cash flow, long-term leases, and availability of financing. Utilization rates of medical outpatient buildings surpass those of conventional office buildings due to the nature of healthcare services that make remote working infeasible. * LOW VACANCY | Downtown Los Angeles’ (DTLA) medical office market is comprised of 20 buildings totaling approximately ±2.6M SF, with the lowest vacancy rate in the Greater Los Angeles area, at 3.0% as of 3Q25.