The offering presents the opportunity to acquire Enloe Health & Wellness Pediatrics, a
single-tenant outpatient medical facility located within Meriam Park, Chico’s premier
master-planned medical and professional submarket. Within close proximity of the new Enloe Health Cancer Treatment Center.
The property is leased to Enloe Medical Center, the dominant nonprofit healthcare
provider serving Butte County and the surrounding Northern Sacramento Valley. The
lease commenced in December 2024 and provides a newly executed income stream
supported by an essential outpatient pediatric use.
The asset benefits from a NNN lease structure, predictable annual rent increases, and
positioning within a supply-constrained medical submarket anchored by Enloe’s broader
healthcare investment. The offering is well suited for private healthcare investors
seeking stable income backed by a regional healthcare operator, with manageable lease
complexity and long-term tenancy potential through extension options.