Investment Highlights

NEW 15-YEAR NET LEASE TO GROWING MEDICAL TENANT
» 15-year net lease to Cano Health (NYSE: “CANO”) with 10% rental increases every five (5) years
» Cano Health is one of the nation’s leading primary care providers for seniors and families with 170+ medical centers and growing, experiencing significant location growth of 42% since 2020
» Cano Health offers a critical service and a necessary part of the nation’s healthcare system with nearly all revenue coming from federal and state governments, either directly or through health plans
» High-quality 2023 construction with ample on-site parking and multiple access points

PRIME LOCATION NEAR WELL-ATTENDED EDUCATIONAL INSTITUTIONS WITH ACCESS TO OVER 37K VEHICLES PER DAY
» Strategic location near the signalized intersection of Saint Cloud Road and State Highway Spur 421/Bandera Road, which experiences a combined traffic count of 37,177 vehicles per day
» Ideal location between two major transportation corridors, Interstate 10 (188,000 AADT) and Interstate 410 (199,289 AADT), providing ideal accessibility to the site
» Across from James’s Madison Elementary School (518 students) and near Memorial High School (1,294 students), and Thomas Jefferson High School (1,622 students)
» Walking distance from Mexican American Catholic College and five minutes from St. Mary’s University, home to more than 2,300 students
» Situated next to Raising Cane’s in a dense retail corridor, with nearby tenants such as Walmart Supercenter, McDonald’s, Wells Fargo, Dollar General, Great Clips, and more

STRATEGIC HEALTHCARE HUB WITH ACCESS TO A BOOMING METROPOLITAN AREA OF 2.6 MILLION RESIDENTS
» 360,283 residents within a five-mile radius, providing an extremely large customer base for the site
» Five miles from Downtown San Antonio (1.41 million residents), the second largest city in Texas and part of San Antonio MSA, home to 2.6 million people and experiencing robust growth
» According to the San Antonio Economic Development Foundation, healthcare and biosciences account for over 1 in 6 jobs in San Antonio
» San Antonio is a hub for prestigious medical and healthcare education institutions, including the University of Texas Health Science Center at San Antonio, and benefits from a robust healthcare workforce of skilled healthcare professionals
» The number of people with health insurance in the U.S. was over 300 million in 2021, approximately 92% of the population
» San Antonio acts as a regional hub for business, health care, and shopping, with an influence that reaches north to Austin (one hour), as far south as Corpus Christi (three hours), and is a major gateway between the U.S. and Mexico

Property Description

» Strategic High-Traffic Location with Excellent Accessibility: Cano Health is situated near the signalized intersection of St. Cloud Road and State Highway Spur 421/Bandera Road. This site benefits from a high combined daily traffic count of 37,177 vehicles, ensuring maximum visibility and accessibility. Additionally, the property is positioned between two major transportation corridors, Interstate 10 (188,000 AADT) and Interstate 410 (199,289 AADT), which offers seamless access to the location
» Proximity to Well-Attended Educational Institutions: Boasting a coveted position across from James Madison Elementary School and within walking distance of Mexican American Catholic College, the site also maintains beneficial proximity to Memorial High School and Thomas Jefferson High School. Additionally, the property is just five minutes from St. Mary’s University, a renowned educational institution with over 2,300 students
» Thriving Retail Corridor: Nestled within a bustling retail corridor, the property is adjacent to Raising Cane’s with neighboring prominent tenants such as Walmart Supercenter, McDonald’s, Wells Fargo, Dollar General, and Great Clips, making this location an ideal setting for businesses seeking a vibrant and diverse customer base
» Robust Community and Promising Market Prospects: With a five-mile population of 360,283, this location presents a strong consumer base and ample growth potential. The site is five miles from Downtown San Antonio, the second-largest city in Texas and part of the San Antonio Metropolitan Statistical Area (MSA) with 2.6 million residents, further enhancing its market attractiveness and opportunities
» Healthcare Industry Hub: San Antonio boasts a thriving healthcare industry and benefits from proximity to prestigious medical and healthcare education institutions, including the University of Texas Health Science Center at San Antonio