RECENT EXTENSION: The tenant just elected to extend the lease for two additional years. They also assigned the lease to ECP Ophthalmology LLC which is the parent company known as Eye Care Partners. NET LEASE: This property operates under a net lease making this a more passive and hands off investment. NEW ROOF: The roof is currently being replaced and the work is expected to be completed by the end of 2024 E-COMMERCE RESISTANT TENANT: Healthcare operators aren’t prone to the same competition that many retail tenants face. Healthcare properties are highly sought-after investments for their insulation from e-commerce competition and resistance to economic downturns. EYE CARE PARTNERS: There are over 1,000 providers across the country under the Eye Care Partners umbrella. $70.78 BILLION DOLLAR EYECARE INDUSTRY: The US eyecare industry is expected to grow at a compound annual growth rate (CAGR) of 4.34% from 2024 to 2030. The global eye care market is expected to grow at a CAGR of 6.72% from 2024 to 2030, reaching an estimated size of $70.78 billion in 2023. Broker of Record Matthew M. Fitzgerald License No. 478027547 (IL)