3.0% Annual Increases – Recent 5 Year Option Extension

• Large 4.17 Acre Land Parcel with Undeveloped Land
• Approximately 2 Acres of Excess Land – Long Term Upside Potential
• Seller acquired as a sale-leaseback from tenant – Kadlec/Providence
• Corporate Lease – Providence Health & Services
  • 51 Hospitals, 1,000 Clinics, 122,000 Employees, 34,000 Physicians, and 38,000 Nurses
  • One of the Largest Health Systems in the Unites States
• Recently Extended Lease – Over 5 Years Remaining in Primary Term – One 5-Year Option
• Positioned on W Clearwater Avenue – Traffic Count Exceeding 24,000 VPD – Certified Opportunity Zone
• Within Tri-Cities Region of Washington – Population Surpassing 320,000 Residents
• Nearby Retailers Include WinCo Foods, Safeway, REI, Harbor Freight, Maverik, Walgreens, McDonald’s, Starbucks, Dutch Bros Coffee, Carl’s Jr. & More
• Strong Demographics – Over 180,500 Residents within 5 Mile Radius
• Average Household Income Over $111,500 within 5 Mile Radius