WELLSTAR PRIMARY CARE

INVESTMENT HIGHLIGHTS

Investment with Excellent Fundamentals  

• Hard Corner Locale at Signalized Intersection, directly across from Grassland Crossing Shopping Mall, a 90,906 sq ft of retail 

• ±7 Years remaining on initial term with Wellstar Healthcare Corporate guaranty 

• Visibility enhanced with large WellStar Monument sign 

• 2% Rental increase  

Excellent underlying Demographics  

• Affluent & Dense Alpharetta, GA (Atlanta MSA) Location 

• Average Household income above $196,000 in 5-mile radius 

• Dense Surrounding Population | 45,291 +/- People (3-Mile Radius) & 133,769 +/- People (5-Mile Radius) 

Industry Leader with Investment Grade Credit  

• Investment Grade Credit Rating (A+/Stable) 

• Trades on NYSE: Wellstar, which has an S&P “A+” bond rating with a Stable outlook 

• As of August 2024, Wellstar has more than 11 hospitals, 329 medical centers and 20 urgent care center locations in 52 US states and territories 

Lease Structure 

• Corporately Guaranty from Wellstar Healthcare 

• $111,001.30 annual rent/ $38.58 rent/PSF 

• Double-Net with limited Landlord responsibilities.  

Real Estate Fundamentals 

• Location is off of GA-9 with 20,394 VPD 

• Located within minutes of Walmart Supercenter, Kroger and Publix Supermarket 

• Within miles of Avalon, a 570,000 sq ft retail center; Halcyon a 560,000 sq ft mixed use development and The Collection at Forsyth, a 400,000 sq ft of retail on the northern corridor of GA 400