Corporate Guaranty from Community Care Partners (90+ Units)
– BestMed began in 2008 with a single clinic with nine employees in Eugene, Oregon. SouthStar Urgent Care was founded in 2011 in Lafayette, Louisiana.
– Today, under the Community Care Partners umbrella, the brands operate over ninety clinics across seven states — Oregon, Washington, Montana, Wyoming, Colorado, Louisiana, and Texas.
13+ Years Remaining | 2.00% Annual Rental Increases
– The CCP Holdings. LLC corporate guaranteed lease which has over 13 years remaining on initial lease term with two, five-year options to extend, demonstrating their commitment to the site.
– The lease features 2% annual rental increases throughout the initial term and continuing into the option periods, growing NOI and hedging against inflation.
Brand New 2023 Construction | NNN Lease with Limited Landlord Responsibilities
– The subject property was a brand new build-to-suit for BestMed Urgent Care in 2023 and a strategic location in the main retail corridor in Hermiston, Oregon.
– The Tenant pays for CAM, taxes, and insurance and the landlord’s responsibilities are limited to outer four walls & foundation only.
– This property is an ideal, low-management investment for a passive investor.
Outparcel to Home Depot in Dense Retail Corridor (18,000+ CPD)
– The Property is located along World War I Veterans Memorial Hwy, receiving 18,000+ cars per day.
– The Property benefits from its proximity to multiple national tenants and businesses.
– The Home Depot has over 685,800 visitors annually (Place AI), which is a huge benefit for BestMed as an outparcel.
– Walmart Supercenter is located directly across the street from BestMed and it ranks as the 8th most visited Walmart in the state of Oregon, with over 3,100,000 visitors annually (Placer AI).
