landmark cancer center

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REPRESENTATIVE PHOTO PONCA CITY, OK LANDMARK CANCER CENTER AN INTERNET-RESISTANT MEDICAL TENANT

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REPRESENTATIVE PHOTO

PONCA CITY, OK

LANDMARK CANCER CENTERAN INTERNET-RESISTANT MEDICAL TENANT

2

Overview

LANDMARK CANCER CENTER

7.50%CAP

$1,466,667PRICE

609 VIRGINIA AVE, PONCA CITY, OK 74601

NNN Medical Office lease with corporate guaranty

Strategically located across from Ponca City’s only hospital

Established corporate medical tenant with 21 centers in the U.S.

5 years remaining with two 5-year options to extend

Located on the busiest street in Ponca City – 16,600 VPD

Replaceable real estate in an active medical/retail corridor

LEASABLE SF9,643 SF

LEASE EXPIRATION9/30/2023

LEASE TYPEAbsolute NNN

LAND AREA1.57 Acres

PARKING46 Spaces

YEAR BUILT2017

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

3

Investment Highlights

THE OFFERING provides an opportunity to acquire a Landmark Cancer Center in Ponca City, OK. The subject property was recently leased to an established corporate medical operator. The initial lease term is 5 years, with two options to extend and with rent bumps in the second option term. Landmark Cancer Center strategically chose this location due to its proximity to AllianceHealth Ponca City, the city’s largest medical facility and only hospital. This medical corridor provides strong synergy and a dedicated patient population.

THE PROPERTY is well located on a signalized hard corner. It sits along U.S. Route 77, the busiest thoroughfare in Ponca City with nearly 17,000 vehicles per day (VPD). This trade area is served by a number of essential and daily needs retailers, including Walmart, Walgreens, Hobby Lobby, Tractor Supply, and Hibbett Sports, all of which support the value of this replaceable real estate. Ponca City supports a number of smaller neighboring cities and towns, providing shopping and healthcare resources to the region.

Contact the team

LANDMARK CANCER CENTER HAS 21 LOCATIONS ACROSS THE MIDWEST AND TEXAS

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

JOHN [email protected]: 415.274.2715CA BRE# 01440360

JUSTIN [email protected]: 415.274.7392CA BRE# 01895013

IN CONJUNCTION WITH OK LICENSED BROKER: Mike CropperMaillot Jaune, [email protected]: 918.728.3680

3

SURROUNDING RETAIL

77 77

VIRGINIA AVENUE

PRO

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AV

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N WAVERLY STREET S WAVERLY STREET

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IGH

LAN

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77 N 14TH STREET

SCHOOL

SCHOOL

SCHOOL

MIDDLE SCHOOL

MIDDLE SCHOOL

HIGH SCHOOL

KAY COUNTY

CITY OF PONCA

CITY

OF PONCA

CITY

CITY OF PONCA

CITY

ELEMENTARY SCHOOL

ELEMENTARY SCHOOL

ELEMENTARY SCHOOL

ELEMENTARY SCHOOL

ELEMENTARY SCHOOL

ALLIANCE HEALTH

HOSPITAL

PONCA CITY

REGIONAL AIRPORT-PNC

16,600 VPD

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 4

E SO

UTH

AV

E

4,800 VPD

E SO

UTH

AV

E

OKLAHOMA CITY

(108 MILES)

Zoomed-Out Aerial

5

Investment Highlights

77 77 77VIRGINIA AVENUE

KNIG

HT

AVEN

UE

E PR

OSP

ECT

AVEN

UE

E PR

OSP

ECT

AVEN

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E H

ART

FORD

AV

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HA

RTFO

RD A

VEN

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N 14TH STREETN 14TH STREET

N 5TH STREET

N 5TH STREET

ALLIANCE HEALTH

HOSPITAL

ELEMENTARY SCHOOL

®

H&R BLOCK

16,600 VPD

OKLAHOMA CITY

(108 MILES)

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 5

Zoomed-In Aerial

6

Surrounding Retail

Income & Expense

7

Income & Expense

7

SURROUNDING HEALTHCARE

7

PRICE $1,466,667 Price Per Square Foot: $152.10

Capitalization Rate: 7.50%

Total Rentable Area (SF): 9,643

Lot Size (AC): 1.57

STABILIZED INCOME PER SQUARE FOOTScheduled Rent $11.41 $110,000

Effective Gross Income $11.41 $110,000

LESS PER SQUARE FOOTTaxes NNN $0.00

Insurance NNN $0.00

Total Operating Expenses NNN $0.00

EQUALS NET OPERATING INCOME $110,000

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Rent Roll

8This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

TENANT INFO LEASE TERMS RENT SUMMARY

TENANT NAME SQ. FT. CURRENT RENT

MONTHLY RENT

YEARLYRENT

MONTHLY RENT/FT

YEARLYRENT/FT

Landmark Cancer Center 9,643 10/01/18 09/30/23 $110,000 $9,166.67 $110,000 $0.95 $11.41

Option 1 10/01/23 09/30/28 $9,166.67 $110,000 $0.95 $11.41

Option 2 10/01/28 09/30/33 $10,541.67 $126,500 $1.09 $13.12

TOTALS: 9,643 $110,000 $9,167 $110,000 $0.95 $11.41

BASE RENT

DATE RANGE MONTHLY RENT ANNUAL RENT

10/01/18 - 09/30/23 $9,166.67 $110,000

OPTION RENTSDATE RANGE MONTHLY RENT ANNUAL RENT

#1. 10/01/23 - 09/30/28 $9,166.67 $110,000#2. 10/01/28 - 09/30/33 $10,541.67 $126,500

RENT

TENANT Landmark Cancer Center BUILDING SF 9,643 SFLEASE TYPE Absolute NNNTERM Newfive(5)yearleasewithcorporate guarantyRENT COMMENCEMENT October 1, 2018EXPIRATION September 30, 3023OPTIONS Two 5-year options

TAXESTenant directly responsible for all taxes

CAMTenant directly responsible for all common area maintenance

INSURANCETenant directly responsible for maintaining insurance

UTILITIESTenant is directly responsible for utilities

EXPENSES

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

9

Lease Abstract

9

E HARTFORD AVENUE

E HARTFORD AVENUE

ALLIANCE HEALTH

HOSPITAL

VIRGIN

IA AVENU

E

VIRGIN

IA

AVENU

E

N 1

4TH

STR

EET

N 1

4TH

STR

EET

77

77

WALL PYLON SIGN

16,600 VPD

Site Plan

10This site plan is a rendering that has been created based on sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

46SPACES

9,643RENTABLE SF

1.57ACRES

11

Tenant Overview

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Landmark Cancer Center is a medical center that provides radiation oncology services to patients at their various locations throughout the U.S. Landmark Cancer Center has 11 locations across Texas as well as 10 locations in Oklahoma, Arkansas, and Missouri. They operate under a patient-centered approach, delivering comprehensive cancer services with treatment plans tailored to each patient’s needs and diagnosis. Landmark Cancer Center uses advanced technology including 3-D conformal treatment planning, Intensity Modulated Radiation Therapy (IMRT), Image Guided Radiation Therapy (IGRT), VMAT and Stereotactic Radiosurgery (SRS), and state of the art techniques and medications in their comprehensive chemotherapy treatments. Their use of advanced technologies provide patients faster, more efficient treatments and less waiting time.

ABOUT LANDMARK CANCER CENTER

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Tenant Overview

11

LOCATIONS IN 4 STATES21

This site plan is a rendering that has been created based on sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

TOP EMPLOYERS

EMPLOYER # OF EMPLOYEES

Ponca City Public Schools 924

Ponca City Public Schools 700

Dorada Foods 500

Alliance Health Ponca City 415

City of Ponca City 415

POPULATION

1-MILE 3-MILES 5-MILES

2018 7,128 25,374 28,311

2018 HH INCOME

1-MILE 3-MILES 5-MILES

Average $61,190 $59,005 $61,197

PONCA CITY

THE AVERAGE HOUSEHOLD INCOME WITHIN A 5-MILE RADIUS

IS OVER $61K

12

Demographics and Traffic

OKLAHOMA CITY(106 MILES)

WICHITA(86 MILES)

TULSA(92 MILES)

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Location OverviewLocation Overview

PONCA CITY, founded in 1876, is a city located in the northern Oklahoma region. Ponca City is strategically located within 1.5 hours of three major metro areas - Oklahoma City, Tulsa, and Wichita. The city was built by oil miners and the city's economy continues to be largely shaped by the petroleum industry. The city's thriving downtown was awarded $1.275 million by the Economic Development Administration (EDA)inmid-2017torenovateandmodernizetheCityCenterbuilding.Ponca City is home to a regional airport, a top-ten nationally ranked hospital, three higher learning centers, golf courses, lakes, trails, and much more. Ponca has free city-wide Wi-Fi, state of the art business infrastructure, business incubators, leading workforce training, low cost of living and low cost of operating a business, all of which facilitates a healthy and growing economy.

THE ECONOMY OF PONCA CITYisspecializedinmining,quarrying, oil, gas extraction and utilities. Future job

growth over the next ten years is predicted to be 34.9%. The city is ideally located for distribution, manufacturing, research and corporate facilities.

PONCA CITY ECONOMY

45,366

PONCA CITY MSA POPULATION (ESTIMATED)

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

PONCA CITY, OKLAHOMA

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PHILIPS 66 OIL REFINERY

We’d love to hear from you.

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

JOHN [email protected]: 415.274.2715CA BRE# 01440360

JUSTIN [email protected]: 415.274.7392CA BRE# 01895013

IN CONJUNCTION WITH OK LICENSED BROKER: Mike CropperMaillot Jaune, [email protected]: 918.728.3680

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