10 YEAR NNN-LEASED STATE-OF-THE-ART AMBULATORY SURGERY CENTER BACKED BY CREDIT TENANCY ? 100% leased to Glendora Digestive Disease Institute, an established and accredited outpatient ambulatory surgery center that has been serving the Eastern San Gabriel Valley and Western Inland Empire since 2004. ? The 10-Year NNN lease provides the benefits of predictable passive cash flow and minimal landlord responsibilities. AMSURG, a nationally recognized leader in the strategic and operational management of surgery centers, recently merged with Envision Healthcare, a subsidiary of funds affiliated with KKR, a publicly-listed global investment firm with a $14.6 billion market capitalization. ? The state-of-the-art surgery center is comprised of 1 surgery room, 3 procedure rooms, 14 hospital-grade recovery beds, specialized equipment, and nurses’ stations. Currently used for gastroenterology procedures, the facility is equally suited to accommodate various ambulatory surgery procedures. ? The highly-improved surgery center cost more than $1 million to build out and cannot easily duplicated elsewhere. Furthermore, the tenant’s recent $800,000 capital investment to modernize endoscopic equipment reinforces its long-term commitment to this location. STRATEGIC LOCATION SERVING 3 COUNTIES, WITH STRONG MEDICAL OFFICE FUNDAMENTALS ? Glendora offers a strategic location within a critical healthcare cluster for the San Gabriel Valley and Western Inland Empire. The surgery center is near several hospital clusters—Foothill Presbyterian, Glendora Community, Inter-Community, San Dimas Community, Pomona Valley Medical Center, Montclair Medical Center and Kindred Hospitals, to name a few—that provide natural referral pipelines from patients looking for best-in-class outpatient care that is more cost effective than in-hospital settings. ? Growing demand and limited supply of medical office inventory in the Eastern San Gabriel Valley and Western Inland Empire—587 buildings in all—have been pushing vacancy to historic lows. Direct vacancy has dropped 140 basis points since 3Q16, to 5.0% in 3Q19YTD.