Long Term Leases with Annual Growth Both Leases Feature Annual Rental Increases Throughout Term Triple Net Lease Structure Tenant Fully Responsible for All Expenses Relating to the Property with Ability to Collect Reimbursement for Management and Operating Personnel. Purpose Designed Construction Designed and Constructed by The Conrad Pearson Clinic to Accommodate their Specific Needs while Providing a Streamlined Connection of their Clinical and Surgical Practices Significant Growth within Urology Specialty Increasing Incidence of Prostate Cancer and Other Urological Issues with Aging Population to Double in Next 25 years. Projected 10.33% Compounded Annual Growth Rate Through 2030. Major Medical Industry in Memphis, Tennessee Major Institutions Include: St. Jude Children's Research Hospital Methodist Le Bonheur Healthcare Baptist Memorial Health Care These Systems Create a Large Healthcare Workforce, Large Patient Volumes, Clinical Research Opportunities and Demand for Healthcare Services and Suppliers. Healthcare and Life Science in Greater Memphis Compose One of the Largest Industry Clusters in the Region with 88,725 Employees, Accounting for 13% of the Regions Workforce. High Patient Demand + Low Operating Costs Provide Perfect Environment for Success Mid-South Region is Known as the Center of the Chronic Disease Belt which Contributes to Significant Healthcare Demand. Large Regional Population Base and Limited Access to Care in Rural Areas Drives High Patient Volumes. No State Income Tax and a Competitive Corporate Tax Rate Combined with a Cost of Living that is 12% Below the U.S. Average provides a Low-Cost Environment for Healthcare Businesses and Employees.