VALUE-ADD ON-CAMPUS OUTPATIENT MEDICAL INVESTMENT OPPORTUNITY IN LOS ANGELES AREA * Rare opportunity to acquire a value-add purpose-built outpatient medical building adjacent to the St. Francis Medical Center campus, an established 384-bed hospital, in Lynwood, CA. * Campus Adjacent – Within 250 yards of St. Francis Medical Center yielding higher reimbursements for tenants affiliated with the hospital. * Currently ±74.5% leased to a mix of 12 established medical tenants ranging from 1,090 to 8,383 SF with ~2.2 years weighted-average lease term. * New ownership may lease up vacancy at rents 15-20% higher by offering market facing leasing concessions attracting high credit health systems that make long term lease commitments. STRONG OUTPATIENT MEDICAL MARKET FUNDAMENTALS IN MID-COUNTY * The Mid-Counties outpatient medical market is comprised of 29 outpatient medical properties totaling approximately 1.3m SF with a very low vacancy rate of 7.9%, as of 4Q23. * The Lynwood area is an established outpatient medical submarket with a high concentration of outpatient medical tenants due to St. Francis Medical Center’s presence dating back to 1945. * Presently, there are only four midrise outpatient medical buildings that service Lynwood and the surrounding area totaling 255K SF, with no new construction slated. Imperial Medical Plaza is the only purpose-built outpatient medical building offering large blocks of space at this price point.