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ATRIUM HEALTH URGENT CARE 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 URGENT CARE MARKETING PACKAGE

TABLE OF CONTENTS

03 Investment Summary 04 Retail Aerial 05 Lease Summary 06 Rent Schedule 07 Site Plan 09 About the Brand 10 Location Overview

CONTACT INFORMATION

richard brehaut Director (424) 325-2608

tony anderson Director (424) 325-2615

02 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE INVESTMENT SUMMARY

Tenant Atrium Health Urgent Care $ $3,337,055 Street Address 3179 W. Hwy 74 LIST PRICE City Monroe (Charlotte, MSA) % 5.50% State NC CAP RATE Zip 28110 $ $183,538 GLA 7,243 SF NET OPERATING INCOME

Lot Size 0.26 AC Price / SF $460.73 Year Built 2005 Rent / SF $25.34

Recent Expansion Shows Long-Term Commitment to the Site - In 2019, Atrium Health amended their lease to expand their premises by an additional 2,743 SF and extended their lease by seven years. Modified Triple-Net (NNN) Investment -Atrium Health operates under a Modified Triple-Net (NNN) lease with CAM and insurance costs passed through to the tenant and landlord is responsible for the tax portion of the parking lot (contact agent for details). Corporate Guarantee from Investment Grade Credit - The lease is corporately guaranteed by Atrium Health, the largest healthcare system in North and , with an S&P Credit Rating of AA-. Pandemic & Recession Resistant Tenant - Atrium Health owns, leases & manages , nursing homes, physician practices, home health agencies, radiation therapy facilities, physical therapy facilities, & other related operations, comprising more than 7,200 licensed beds & more than 60,000 full-time & part-time employees. Annual Increases to Hedge Against Inflation -The lease features 2% annual increases through the base term and options periods, providing the Landlord with an excellent hedge against inflation.

03 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE RETAIL AERIAL

04 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE LEASE SUMMARY

Lease Type Modified Triple Net (NNN) Real Estate Taxes* Tenant Responsible Type of Ownership Fee Simple Insurance Tenant Responsible Lease Guarantor Corporate Roof & Structure** Tenant Responsible Commencement Date 10/19/2020 Company Name Atrium Health Lease Expiration 10/18/2027 Ownership Public Term Remaining 7+ Years Years in Business 79 Increases 2% Anually Number of Locations 940+ Options Two (2), 5-Year Website atriumhealth.org

* LL responsible for taxes attributed to the parking lot area. Contact agent. ** LL to pay CAM and Insurance costs which can be passed along to tenant.

Charlotte MSA - The Charlotte metropolitan area is the largest metropolitan area in the Carolinas, and the fifth largest in the Southeastern . Charlotte is the 2nd largest city in the Southeast.

Pad to 228,000 SF Power Center - Poplin Place is anchored by T.J. Maxx, Big Lots, PetSmart and Ross, and shadow-anchored by Target. The center also has a diverse mix of smaller national and local tenants, including Boot Barn, Dress Barn, Kay Jewelers, Smoothie King, GameStop, Five Guys and Chili’s.

Excellent Site Visibility - The subject property has frontage on U.S. Route 74, one of the main thoroughfares into Charlotte with daily traffic counts exceeding 50,000 vehicles per day.

Strategically Located in Dense Retail Corridor - Major national brands in the immediate vicinity include T.J. Maxx, Target, Walmart Supercenter, Lowe’s, Starbucks, Chili’s, Verizon, PetSmart, FedEx, Five Guys, Chick-fil-A, Dunkin’ Donuts, CVS and Dollar Tree.

05 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE RENT SCHEDULE

Period Term Annual Rent Monthly Rent Increase CAP Rate 10/19/2020 - 10/18/2021 Extended Term $183,537.62 $15,294.80 - 5.50% 10/19/2021 - 10/18/2022 Extended Term $187,159.12 $15,596.59 2% 5.61% 10/19/2022 - 10/18/2023 Extended Term $190,925.48 $15,910.46 2% 5.72% 10/19/2023 - 10/18/2024 Extended Term $194,764.27 $16,230.36 2% 5.84% 10/19/2024 - 10/18/2025 Extended Term $198,675.49 $16,556.29 2% 5.95% 10/19/2025 - 10/18/2026 Extended Term $202,659.14 $16,888.26 2% 6.07% 10/19/2026 - 10/18/2027 Extended Term $206,715.22 $17,226.27 2% 6.19%

06 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE SITE PLAN

07 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE SITE PLAN

08 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE ABOUT THE BRAND

Altrium Health Care Atrium Health (formerly Carolinas HealthCare System) is one of the nation’s leading healthcare organizations, connecting patients with on-demand care, world-class specialists and the ’s largest primary care network. A recognized leader in healthcare delivery, quality and innovation, Atrium Health Care’s foundation rests on providing clinically excellent and compassionate care.

940 69,800+ NUMBER OF LOCATIONS NUMBER OF EMPLOYEES

$ $11.1 Billion 50* 2019 NET OPERATING REVENUE NUMBER OF HOSPITALS

*Includes Joint Ventures & Affiliated Enterprises.

Atrium Health is a not-for-profit network which operateshospitals, freestanding emergency departments, urgent care centers, and medical practices in the American states of , South Carolina and . About 90% of the hospitals affiliated with the system are located within 75 miles of , the system’s flagship hospital and headquarters, in Charlotte, North Carolina. A multi-faceted, vertically integrated healthcare system, it offers a wide variety of health and human services to residents of the Carolinas. Atrium Health owns, leases and manages hospitals, nursing homes, physician practices, home health agencies, radiation therapy facilities, physical therapy facilities, and other healthcare related operations, comprising more than 7,200 licensed beds and more than 69,800+ full-time and part-time employees. Atrium Health has been serving the community since 1940, when they opened their doors as Charlotte Memorial Hospital. Since then, their network has grown to include more than 50 hospitals and 900+ care locations ranging from doctors’ offices to behavioral health centers to nursing homes. Their focus: delivering the highest quality patient care, supporting medical research and education, and joining with partners outside their walls to keep the community healthy.

09 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE LOCATION OVERVIEW

Monroe, NC The city of Monroe is a vibrant and progressive city that serves as the hub of retail, government, culture, and industry in Union County. From the large Historic District complete with stately homes and a newly revitalized downtown to its industrial core attracting businesses from across the globe to the ever-growing retail marketplace. The downtown area is currently in the throes of a revitalization plan that has been spearheaded by city leaders. The plan is geared to increase traffic to downtown businesses as well as to show off the charm of the tree-lined streets and make the downtown area a destination for families.

Charlotte-Monroe Executive Airport The subject property is less than 4 miles away from this airport. Classified as a general aviation airport, the Charlotte-Monroe Executive Airport is a designated primary reliever for the Charlotte-Douglas International Airport. The airport can support virtually any corporate aircraft with services that include aircraft fueling and ground equipment service, overnight tie-downs/hangar rental (based on availability), catering, and car rental.

Charlotte, NC Charlotte is one of the 25 largest cities in the U.S. and the largest city in North Carolina. Nicknamed the Queen City, Charlotte consistently ranks as one of the top growing cities and is the home to more than 10 Fortune 1000 companies, including household names such as , Lowe’s and Wachovia Corp. Charlotte is also home to the of the NFL, the of the NBA & the NASCAR Hall of Fame providing extensive entertainment and amenities.

On its surface, Charlotte might look like a prosperous, sprawling financial hub but spend a little time exploring its streets and byways, and you’ll discover some excellent, eclectic museums, beautiful colonial architecture and a dynamic culinary scene with top-notch eateries. Nearly 800,000 live and work in the Charlotte community and the City provides services to much of this population. From the diversity of their residents to their colorful history represented in every corner, Charlotte is a melting pot with heaping spoonfuls of natural beauty and metropolitan splendor.

10 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE LOCATION OVERvIEW

1. Mint Museum Randolph 2730 Randolph Rd, Charlotte, NC 28207 20.2 MILES FROM SUBJECT PROPERTY

2. 800 S. Mint St, Charlotte, NC 28202 22.2 MILES FROM SUBJECT PROPERTY

3. Charlotte Douglas International Airport 5501 Josh Birmingham Pkwy, Charlotte, NC 28208 27.5 MILES FROM SUBJECT PROPERTY

4. Carowinds 300 Carowinds Blvd, Charlotte, NC 28273 28 MILES FROM SUBJECT PROPERTY

5. Bechtler Museum of Modern Art 6500 S. New Hope Rd, Belmont, NC 28012 22.2 MILES FROM SUBJECT PROPERTY

6. NASCAR Hall of Fame 400 E. M.L.K. Jr Blvd, Charlotte, NC 28202 22 MILES FROM SUBJECT PROPERTY

11 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE LOCATION OVERvIEW

01 02 03

MINT MUSEUM RANDOLPH BANK OF AMERICA STADIUM CHARLOTTE DOUGLAS INTERNATIONAL AIRPORT This musum has hundreds of art The stadium is a 75,523-seat football AS OF 2019, IT HAS BECOME THE 11TH pieces from around the globe. stadium located on 33 acres. BUSIEST AIRPORT IN THE UNITED STATES.

04 05 06

CAROWINDS BECHTLER MUSEUM OF MODERN ART NASCAR HALL OF FAME The Park sits on 407 acres & has This museum has collections This museum honors the all-time more than 14 attractions. ranging from Picasso to Giacometti. great crews of NaScar Driving.

12 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE DEMOGRAPHICS

POPULATION 1-Mile 3-Mile 5-Mile 2025 Projection 4,445 22,255 78,679 2020 Estimate 4,146 20,774 72,947 2010 Census 3,752 18,905 63,130 Growth ‘20 - ‘25 7.21% 7.13% 7.86% Growth ‘10 - ‘20 10.50% 9.89% 15.55%

HOUSEHOLDS 1-Mile 3-Mile 5-Mile 2025 Projection 1,768 7,909 26,696 2020 Estimate 1,649 7,385 24,758 2010 Census 1,495 6,729 21,465 Growth ‘20 - ‘25 7.22% 7.10% 7.83% Growth ‘10 - ‘20 10.30% 9.75% 15.34% Average Income $68,801 $73,123 $80,750 Median Income $49,386 $58,558 $67,311

13 3179 W. HWY 74, MONROE (CHARLOTTE MSA), NC 28110 ATRIUM HEALTH URGENT CARE DISCLAIMER

The information contained in this Marketing Brochure has been obtained from sources believed to be reliable, but the accuracy or completeness of the information contained therein cannot be guaranteed. James Capital Advisors, Inc. & Brian Brockman (“Broker”) has not, and will not, verify any of this information, nor has Broker conducted, nor will it conduct, any investigation regarding these matters. Broker makes no representations, guarantees, or warranties of any nature about the accuracy or completeness of any information provided. The information provided in this brochure is in no way a substitute for a thorough due diligence investigation by Buyer. Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to income and expenses for this property nor the future financial performance of the property. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties as to the size and square footage of the property, the presence of any contaminating substances at the property, the physical condition of the property or compliance with any State, Local or Federal regulations. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to the financial condition or future financial condition of any tenants, nor any future plans or intentions of tenants with regard to the continued occupancy of the property. All parties are aware that Broker has no affirmative obligation to conduct a due diligence examination of the property for any Buyer. Any and all projections or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. Therefore, Broker assumes no legal responsibility for accuracy or completeness of this information, and expressly disclaims all representations, guarantees, or warranties related thereto.

The value of the property to any Buyer depends on numerous factors that must be evaluated by Buyer and Buyer’s legal, tax, construction, and financial advisors. Buyer and Buyer’s advisors should conduct a thorough, independent investigation of the property to determine its suitability for Buyer’s intended usage. This investment, as with all real estate investments, carries a substantial risk. As such, Buyer and Buyer’s legal and financial advisors are strongly advised to request and review all legal and financial documentations related to the property and tenants.

A tenant’s past performance is not a guarantee of future performance. The lease rate stated for some properties may be based on a tenant’s projected sales with little or no record of actual performance or com- parable rents for the area in question. Returns are in no way guaranteed. Tenants may fail to pay the rent or property taxes or any other tenant obligations under the terms of the lease or may default under the terms of such lease. Regardless of tenant’s history of performance, and/or any lease guarantors and/or guarantees, Buyer is responsible for conducting Buyer’s own investigation of all matters related to any and all tenants and lease agreements. Broker is not, in any way, responsible for the performance of any tenant or for any breach or default by any tenant of any terms of any lease agreement related to the property. Further, Buyer is responsible for conducting Buyer’s own independent investigation of all matters related to the value of the property, including, but not limited to, the value of any long-term leases. Buyer must carefully evaluate the possibility of tenants vacating the property or breaching their leases and the likelihood and financial impact of being required to find a replacement tenant if the current tenant should default and/or abandon the property. Buyer must also evaluate Buyer’s legal ability to make alternate use of the property in the event of a tenant abandonment of the property.

CONFIDENTIALITY

This Marketing Brochure and the information contained within, is propriety and strictly confidential. It is intended to be used only by the party receiving it from Broker. It should not be made available to any other person or entity without the express written consent of Broker.

RELEASE

This Marketing Brochure has been prepared to provide basic, unverified information for prospective purchasers. By accepting this Marketing Brochure, the recipient agrees to release and hold harmless Broker from any claim, demand, liability or loss arising out, or relating in any way, to the information contained in this Marketing Brochure and from Buyer’s investigation of the property. In no event shall James Capital Advisors, Inc. or Broker be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this Marketing Brochure or any information contained herein.

NON-ENDORSEMENT

Broker is not affiliated with, endorsed by or sponsored in any way by any tenant or lessee identified in this Marketing Brochure. The presence of any entity’s logo or name is not intended in any way to indicate affiliation, sponsorship or endorsement by said entity of Broker.

14 www.jamescapitaladvisors.com @jamescapitaladvisors ATRIUM HEALTHCARE URGENT CARE CONTACT INFORMATION

LISTING AGENTS

RICHARD BREHAUT Director (424) 325-2608 [email protected] CA RE Lic. 01934760

tony anderson Director (424) 325-2615 [email protected] CA RE Lic. 01936642

BROKER OF RECORD Brian Brockman Bang Realty - North Carolina, Inc (513) 898-1551 [email protected] NC RE Lic #: 298998 CORP. Lic #: C28862

James Capital Advisors, Inc. www.jamescapitaladvisors.com @jamescapitaladvisors