COVID-19 & Internet Resistant Tenant

• Tenant provides an Essential Service and has remained open for business and paying rent.
• Davita is resistant to ecommerce, like Amazon, providing long term security to any landlord.

Long Term Lease In Place With Over 10 Years Remaining

• The primary term of the existing lease with Davita expires 8/25/2030 with two five-year options to extend

Fixed Increases Throughout the Primary Term and Options

• Davita has fixed 10% increases every 5 years through the primary term and options

Ideally Located Next to Walmart Supercenter anchored shopping center

• Strong retail center with a number of nationals including Subway, Domino’s Pizza, KFC and Murphy Oil Gas Station

Only 25 miles southeast from Austin

Passive NNN Investment With Minimal Landlord Responsibilities

• Landlord shall only be responsible for repairs and maintenance to the structure of the building.
• Tenant shall reimburse Landlord for any repairs or maintenance to the roof, parking areas and HVAC.

Strong Corporate Tenant in Davita Inc. With A $4.04B Net Worth

• Fortune 500 Company
• $11.4 billion in revenues
• 231,700 patients at 2,971 outpatient dialysis centers as of 6/30/2019

Strong Corporate Tenant in Davita Inc. With A $4.04B Net Worth

• Fortune 500 Company
• $11.4 billion in revenues
• 231,700 patients at 2,971 outpatient dialysis centers as of 6/30/2019

Warren Buffett’s Berkshire Hathaway is Davita Inc.’s Largest Shareholder

• Berkshire owns approximately 38.5 million shares of Davita Inc. stock, making them the largest shareholder with a 24% stake

Well Located along Highway 183 (South Colorado Street) With High Traffic Counts

• Easy access to freeways Interstate 35 and Interstate 10
• High traffic counts with 15,000 cars per day passing the subject property

Strong Investment Fundamentals

• Long term lease in place, good real estate and solid corporate tenant guarantor.
• Ideal 1031 exchange property.