SINGLE-TENANT HEALTHCARE FACILITY – U.S. FEDERAL GOVERNMENT CREDIT
Single-tenant facility leased to the U.S. Department of Veterans Affairs, with lease guaranteed by the full faith and credit of the United States of America, featuring an Aaa credit rating and unrivaled income security

NEW 15-YEAR FIRM LEASE TERM WITH BASE RENT INCREASES
New 15-year firm (non-cancellable) lease term with U.S. Department of Veterans Affairs commenced in September 2024; exceptionally rare federal lease structure with nearly 9% base rent increases every 5 years, with tenant responsible for janitorial, utilities, and a real estate tax base with full pass through to tenant above base amount

BUILD-TO-SUIT FOR VETERANS AFFAIRS / LEED SILVER
Outpatient Clinic for VA, built-to-suit in 2012 to relocate and expand existing VA outpatient services in Modesto; significant VA investment in the facility via original tenant-funded improvements and new Tenant Improvements in 2024-2025 as part of lease renewal; sustainable and efficient building designed and constructed to achieve LEED Silver Certification

ESSENTIAL VA HEALTHCARE SERVICES
Healthcare services provided through VA Outpatient facilities are essential functions which remained uninterrupted during the Covid pandemic and are highly-utilized facilities without remote work impacts; the VA Outpatient Clinic in Modesto provides a comprehensive range of healthcare services including primary care, laboratory and pathology, mental health care, substance use care, advice nurse, audiology, cardiology, chiropractic, hematology/oncology, weight management, trauma care, dietary care, PTSD care, physical and occupational therapy, radiology, tobacco cessation, social work, telehealth, women’s care, wound care and ostomy, and whole health

CALIFORNIA CENTRAL VALLEY LOCATION
Located in the Central Valley of California in Modesto, the 19^th-largest city in California, featuring a population of approximately 220,000; positioned on Oakdale Road, a primary north/south arterial in Modesto, in immediate proximity to established national retailers and services including Save Mart, CVS, Grocery Outlet, El Pollo Loco, Jack in the Box, KFC, Stanislaus County Offices, 7-Eleven, AutoZone, Citi Bank, Chase Bank, and numerous others