Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the building of a two-tenant medical office facility located in Tracy, California (the "Property"). The Property consists of 1.06 acres and a one-story, 10,020-square-foot medical office building that was built-to-suit in 2024 to the exact specifications of the Tenants. The Property is located along Orchard Parkway very near the intersection of Grant Line Road (30k VPD) and Interstate 205 (101k VPD) and immediately adjacent to the region's dominant retail corridor with all of the national tenants including Target, Home Depot, WinCo Foods, Walmart, Costco, and many others. There are approximately 113,000 residents in a five-mile radius with an average household income in excess of $145,000 annually. The first Tenant, DaVita, Inc., recently completed a comprehensive build-to-suit to the exact standards of its brand-new prototype that is at the top end of the kidney care industry from a patient quality and energy-efficiency design standard. DaVita completed a build-to-suit six years ago approximately a half mile north of the Subject Property that is third-party owned. DaVita sought to expand the operations of the inpatient hemodialysis portion of the business but was unable to do so in the building as positioned so the Seller acquired the subject parcel and pulled the home health portion of the business out of the nearby property in order to accommodate the expansion. Now the two buildings separate the two distinct functions and the overseeing medical professionals can easily access each location. The initial term of the lease is for fifteen (15) years and will feature three (3), five (5) year renewal options. The lease is DaVita's standard form it uses across the majority of its 2,675 locations, a highly passive net lease that is landlord friendly, offering minimal expense exposure given the new construction. The lease also provides for rental increases in the amount of ten percent (10%) every five (5) years. The second Tenant, Sutter Valley Medical Foundation, also completed a comprehensive build-to-suit to the exact specifications of its design standards for patient quality and energy-efficiency. The initial term of the lease is for ten (10) years and will feature two (2), five (5) year renewal options. The lease is the Tenant's standard lease form it uses across its locations and is a highly passive net lease that is landlord friendly, offering minimal expense exposure given the new construction. The lease also provides for rental increases in the amount of three percent (3%) annually throughout the initial and option terms. In association with: Milo Spector - CA Lic. #01959211