COMMUNITY HEALTH SYSTEMS (CHS)

Representative Photo

Fortune 200 net leased urgent care facility 3485 Northrise Dr, Las Cruces, NM 88012

For more info on this opportunity please contact: JOHN ANDREINI

CHRIS KOSTANECKI

RICK SANNER

BOB SANNER

[email protected] | (415) 274-2715 CA BRE# 01440360 [email protected] | (415) 274-2709 CA BRE# 01792433

Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.

[email protected] | (415) 274-2701 CA BRE# 01002010 [email protected] | (415) 274-2717 CA BRE# 00869657 In conjunction with NM Licensed Broker: Sean P. McMullan, CCIM, McMullan & Company Real Estate 505-259-6223 [email protected]

FORTUNE 200 SINGLE TENANT NET LEASED URGENT CARE FACILITY IN LAS CRUCES, WHICH IS HOME TO NEW MEXICO STATE UNIVERSITY The subject property is leased to Las Cruces Medical Center, LLC - DBA Community Health Systems, Inc. (CHS) - an acute care hospital facility that caters to “walk-in” patients. The company owns, operates, or leases 135 hospitals in 29 states, with approximately 20,000 licensed beds.

PURCHASE PRICE $2,962,800 CAP RATE 6.5%

Investment Highlights

YEAR ONE NOI. . . . . . . . . . . . . $192,582 RENTABLE SF. . . . . . . . . . . . . . 7,407 YEAR BUILT . . . . . . . . . . . . . . . 2014

PROPERTY HIGHLIGHTS

Excellent retail location - directly across from Walmart Supercenter, Walgreens and Murphy Oil (all recently opened) Las Cruces is home to White Sands Missile Range – the US Army’s largest installation and largest military installation in the western hemisphere. It is also the second largest city in the state of New Mexico There is 13% projected population growth in a 1-mile radius

TENANT - CORPORATE INFORMATION > Ranked #198 in 2012 Fortune 500

> $12.99 billion in 2013 net revenues > $1.29 billion in working capital > Total assets in excess of $17 billion > Employs approximately 90,000 people > Guarantor of lease is Las Cruces Medical Center, LLC (Please contact listing agent for details)

LEASE DETAILS

New 10-year lease with 1.5% annual increases Certificate of Occupancy scheduled for December 1st, 2014 Rent Commencement scheduled for December 1st, 2014 Tenant responsible for all maintenance, repair, and replacement of building systems, plumbing, electrical, mechanical, and HVAC systems and equipment. Landlord responsible for roof & structure Area Retail

CHS | 2

Aerial

LOCATED IN BOOMING TRADE AREA Excellent retail trade area: Walmart Supercenter, Walgreens, Verizon, and a variety of other retailers

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Washington Elementary School

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Dona Ana Elementary School

342 Amador Road

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MacArthur Middle School

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Mayfield High School

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32,651

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CHS | 3

Representative Photo

Income & Expense

PRICE

$2,962,800

Price Per Square Foot:

$400.00

Capitalization Rate:

6.50%

Total Rentable Area (SF):

7,407

Lot Size (Acres):

0.43

Year Built: STABILIZED INCOME

2014 Per Square Foot

Scheduled Rent

$26.00

$192,582

Effective Gross Income

$26.00

$192,582

LESS

Area Retail Photos

Per Square Foot

Taxes

NN

$0.00

Insurance

NN

$0.00

Total Operating Expenses EQUALS NET OPERATING INCOME

$0.00 $192,582

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.

CHS | 4

Rent Roll RENT SUMMARY

TENANT INFO

LEASE TERMS

Tenant Name

Sq. Ft.

Term

Current Rent

Monthly Rent

Yearly Rent

Monthly Rent/FT

Yearly Rent/FT

CHS

7,407

1

$192,582

$16,049

$192,582

$2.17

$26.00

2

$195,470

$16,289

$195,470

$2.20

$26.39

3

$198,402

$16,534

$198,402

$2.23

$26.79

4

$201,378

$16,782

$201,378

$2.27

$27.19

5

$204,399

$17,033

$204,399

$2.30

$27.60

6

$207,465

$17,289

$207,465

$2.33

$28.01

7

$210,577

$17,548

$210,577

$2.37

$28.43

8

$213,736

$17,811

$213,736

$2.40

$28.86

9

$216,942

$18,079

$216,942

$2.44

$29.29

10

$220,196

$18,350

$220,196

$2.48

$29.73

$192,582

$16,049

$192,582

$2.17

$26.00

Current Totals:

7,407

*Tenant hashas two ten 5-year options to renew the leaseto renew at 1.5% annual increases *Tenant (10) one-year options Each option includes 1.5% annual increases 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.

Area Retail Photos

CHS | 5

Area Retail

ALL PHOTOS SHOW RETAIL LOCATED DIRECTLY ACROSS THE STREET FROM SUBJECT PROPERTY

CHS | 6

Area Retail

Community Health Systems

Representative Photos

ABOUT COMMUNITY HEALTH SYSTEMS Community Health Systems (CHS) was founded in 1985 and has grown to become one of the nation’s leading operators of general acute care hospitals. With a presence in 29 states, they employ approximately 90,000 people in more than 135 hospitals. Headquartered in a suburb of Nashville, Tennessee, CHS is committed to building a network of hospitals vital to the residents and economic development of the communities they serve.

NUMBER OF EMPLOYEES

Approx. 135,000+ NUMBER OF LOCATIONS

208 Hospitals

Ranked as #198 on the 2012 Fortune 500 list, CHS is growing at a strong pace. Their aggressive business model offers an abundance of resources to all hospitals who are affiliated with them, such as major renovations and expansions, information systems upgrades, new equipment upgrades, and new service line enhancements.

CHS | 7

Regional Map

NM es c u r C Las Location

CHS

Las Cruces

CHS | 8

Master Plan

31,14

9,DA

ILY

Proposed Strip Center

CHS | 9

Location & Demos

LAS CRUCES, NM Las Cruces is the county seat of Doña Ana County, New Mexico, United States. The population was 97,618 in 2010 according to the 2010 Census, making it the second largest city in the state. Las Cruces’ is one of the fastest-growing metro areas in New Mexico and among the top 10 in the United States. The median age is younger than the state or national average, providing a prime, mostly bilingual, labor source. The four mainstays of the local economy are agriculture, commerce, education, and defense/aerospace. Since World War II, federal, state, and local government have become the main source of jobs in the area, due to the proximity of New Mexico State University (NMSU) and White Sands Missile Range. NMSU is the city’s largest employer, and it also provides training and education for research facilities at White Sands. White Sands Missile Range is the Army’s largest installation, and the largest military installation in the Western Hemisphere covering more than 2.2 million acres, and is used by the Navy, Air Force, and NASA. Other government agencies, universities, private industries, and even foreign militaries conduct research there as well.

POPULATION 1-Mile

3-Mile

5-Mile

3,564 4,143 4,634

39,560 42,140 46,064

96,731 99,874 105,710

1-Mile

3-Mile

5-Mile

$74,159 $55,684

$64,582 $49,819

$53,710 $39,909

2010 2013 2018 (Projection)

2013 HOUSEHOLD INCOMES Average Median

TOP EMPLOYERS IN LAS CRUCES Employer

# of Employees (Approx.)

New Mexico State University

6,500

White Sands Missile Range

4,500

Las Cruces Public Schools

3,000 CHS | 10