100 % FULLY LEASED Fully leased to Evergreen Eye Center, a leader in medical and surgical eye care in Puget Sound. EVERGREEN EYE CENTER | 700 M ST NE, AUBURN, WA 98002 LONG TERM LEASE IN PLACE January 1, 2020 through December 31, 2029. Five, (5) year options to renew. NNN LEASE STRUCTURE Minimal Landlord responsibility. Tenant is responsible and pays directly all operating expenses including real estate taxes, utilities, insurance, and HVAC repairs and replacement. STABILIZED INVESTMENT Current rental rate of $26.02 PSF with annual 2.5% increases throughout the 10-year term. BUILDING REMODELED IN 2011 Evergreen Eye Center took the building down to shell and invested significant capital in a complete 2011 remodel. BUILDING MAINTENANCE The property is professionally managed and well maintained. The lease in place is a true NNN lease with full operating expense passthrough.