Ohio Building Portfolio for sale · Ohio Building Portfolio for sale New 10-Year NNN Leases Presented by: Nathan Palmer SVP | Equity D: 614.586.3303 E: [email protected] Jerry Robson

OFFERING MEMORANDUMOFFERING MEMORANDUMBRIGHTVIEW HEALTH | FAIRFIELD | WILMINGTON | HILLIARD | WARREN | ASHTABULA

Ohio Building Portfolio for saleNew 10-Year NNN Leases

Presented by:

Nathan Palmer SVP | EquityD: 614.586.3303 E: [email protected]

Jerry Robson Broker Associate | EquityD: 440.823.3746 E: [email protected]

Corey GraftAssociate | EquityD: 614.787.5287 E: [email protected]

4653 Trueman Boulevard, Suite 100Hilliard, OH 43026 USAP: [email protected]

Table of Contents

This Brochure is provided for the sole purpose of allowing a potential investor to evaluate whether there is interest in proceeding with further discussions regarding a possible purchase of or investment in 485 WEST MAIN ST | WILMINGTON, OH 45177, 2210 S RIDGE AVE E | ASHTABULA, OH 44004, 1924 E MARKET ST | WARREN, OH 44483, 4660 ROBERTS RD | COLUMBUS, OH 43228, and 5108 SANDY LN | FAIRFIELD, OH 45014 (the “Properties”). The potential investor is urged to perform its own examination and inspection of the Properties and information relating to same, and shall rely solely on such examination and investigation and not on this Brochure or any materials, statements or information contained herein or otherwise provided.

Neither Equity, Inc, nor the Owner, nor any of their respective partners, directors, officers, employees, shareholders, manager and agents (collectively, “Agents”), make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this Brochure or the Properties or any materials, statements (including financial statements and projections) or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the Properties, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources, and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the properties and whether the properties comply with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. The property and services are marketed by Equity, Inc. in compliance with all applicable fair housing and equal opportunity laws.

This Brochure is provided subject to errors, omissions, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Properties, and is subject to withdrawal, all without notice. The contents hereof are confidential and are not to be reproduced or distributed to any person or entity without the prior written consent of Agents or used for any purpose other than initial evaluation as indicated above.

Investment Summary 3

Fairfield Photo/Site Plan 4

Wilmington Photo/Site Plan 6

Hilliard Photo/Site Plan 8

Tenant Summary 14

OFFERING MEMORANDUMBRIGHTVIEW HEALTH | FAIRFIELD | WILMINGTON | HILLIARD | WARREN | ASHTABULA OFFERING MEMORANDUM | 2

Warren Photo/Site Plan 10

Ashtabula Photo/Site Plan 12

Investment Summary

Equity, as exclusive brokers (“Agents”), are pleased to offer for sale to qualified investors these freestanding, single-tenant,net leased BrightView Health locations (the “Properties”). The properties offer an investor the rare opportunity to buy fullystabilized assets with BrightView as a tenant on a 10-year lease.

NOI$352,843

CAP7.75%

PURCHASE PRICE$4,552,813

INVESTMENT HIGHLIGHTS

• Corporate Guaranty from BrightView Health*

• New Long-Term Leases - 10 Years with 4.5% rental escalations at 3.5 years and at 7 years

• 2 – 5 year renewal options with 2% annual increases

• Ideal 1031 Exchange Opportunity

OFFERING MEMORANDUMBRIGHTVIEW HEALTH | FAIRFIELD | WILMINGTON | HILLIARD | WARREN | ASHTABULA OFFERING MEMORANDUM | 3

• Redeveloped assets with full build outs.

• Stable Regional Tenant Undergoing Rapid Growth.

FAIRFIELD WILMINGTON HILLIARD WARREN ASHTABULA

Price PSF $99/SF $176/SF $230/SF $177/SF $169/SF

GLA 9,624 4,700 6,787 3,494 3,520

NOI $74,000 $64,000 $120,843 $48,000 $46,000

Occupancy 100% 100% 100% 100% 100%

County Butler Clinton Franklin Trumbull Ashtabula

Lot Size .86 Ac. .71 Ac. 1.01 Ac. .37 Ac. .67 Ac.

Ownership FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE

*BrightView has the one time right to terminate after month 84 with Penalty. Fairfield does not have a termination right.

Photo - FairfieldOFFERING MEMORANDUM

BRIGHTVIEW HEALTH | FAIRFIELD | WILMINGTON | HILLIARD | WARREN | ASHTABULA

OFFERING MEMORANDUM | 4

Site Plan - FairfieldOFFERING MEMORANDUM



Butler County - FairfieldOFFERING MEMORANDUMBRIGHTVIEW HEALTH | 5108 SANDY LN | FAIRFIELD, OH 45014 OFFERING MEMORANDUM | 6

Photo – WilmingtonOFFERING MEMORANDUM



Site Plan - WilmingtonOFFERING MEMORANDUM

BRIGHTVIEW HEALTH | 485 WEST MAIN ST | WILMINGTON, OH 45177


Clinton County - WilmingtonOFFERING MEMORANDUMBRIGHTVIEW HEALTH | 485 WEST MAIN ST | WILMINGTON, OH 45177 OFFERING MEMORANDUM | 9

Photo - HilliardOFFERING MEMORANDUM


OFFERING MEMORANDUM |10

Site Plan - HilliardOFFERING MEMORANDUM

BRIGHTVIEW HEALTH | 4660 ROBERTS RD | COLUMBUS, OH 43228

OFFERING MEMORANDUM |11

1st Floor Basement

Franklin County - HilliardOFFERING MEMORANDUMBRIGHTVIEW HEALTH | 4660 ROBERTS RD | COLUMBUS, OH 43228 OFFERING MEMORANDUM |12

Photo - WarrenOFFERING MEMORANDUM



Site Plan - WarrenOFFERING MEMORANDUM

BRIGHTVIEW HEALTH | 1924 E MARKET ST | WARREN, OH 44483


Trumbull County - WarrenOFFERING MEMORANDUMBRIGHTVIEW HEALTH | 1924 E MARKET ST | WARREN, OH 44483 OFFERING MEMORANDUM |15

Photo - AshtabulaOFFERING MEMORANDUM



Site Plan - AshtabulaOFFERING MEMORANDUM

BRIGHTVIEW HEALTH | 2210 S RIDGE AVE E | ASHTABULA, OH 44004


Ashtabula County - AshtabulaOFFERING MEMORANDUMBRIGHTVIEW HEALTH | 2210 S RIDGE AVE E | ASHTABULA, OH 44004 OFFERING MEMORANDUM |18

AddictionTreatment

Centers

BrightView is a new kind of addiction treatment center that pairs a patient-focused

and evidence-based approach with the compassion and commitment to improve as

many lives as possible.

They offer evidence-based, outpatient addiction treatment programs to help

people rebuild their lives Utilizing the latest technologies, therapies and concepts to help

patients live the lives they deserve.

brightviewhealth.com

BrightView was founded by a doctor, alawyer and a businessman who believewe all have the right to change our livesfor the better. With this idea, they startedan organization they hoped wouldtransform addiction medicine.

As the opioid epidemic hit the GreaterCincinnati community, the foundersrealized they had the ability and theexperience to help people affected by it.So, the three began a new career path,one to help people overcome theiraddictions and retake control of theirlives. And BrightView was born.


= Subject properties offered under this memorandum

CHIEF EXECUTIVE OFFICERCHAD SMITH

• Attorney and certifiedHIPAA security professional

• Prior to joining BrightView, he co-founded a series of healthcare technology Companies

• Undergraduate degreefrom the University of Akron, Master of Science in Health Informatics from Northern Kentucky University, and his Juris Doctor from Northern Kentucky University’s Chase College of Law.

Leadership Team

PRESIDENT & CHIEFMEDICAL OFFICERSHAWN A. RYAN, MD,MBA, ABEM, ABAM

• Former hospital administrator for Mercy Health (DepartmentChairman of Quality andPatient Safety)

• Immediate past president of the Ohio Society of AddictionMedicine and the Chair of Payer Relation for ASAM

• Board-certified addiction specialist and a board-certifiedemergency physician

PSYCHOLOGIST AND CHIEF CLINICAL OFFICER NAVDEEP KANG, PSY.D., HSP, CGP

• Led all behavioral health services for Mercy Health, Cincinnati

• Led formation of the Addiction Treatment Collaborative, a treatment-on-demand network of care for addiction medicine services

•In 2019, appointed by Gov. Mike DeWine to RecoveryOhio Advisory Council, tasked with redefining how the state delivers behavioral healthcare to its residents

CHIEF DEVELOPMENTOFFICERDYLAN JACKSON, MBA

• He was an investmentprofessional at Orchard Holdings Group and The Sterling Group

• Previously worked at Procter and Gamble as a capital projects manager and a new product delivery leader

• MBA from Harvard Business School and graduated summa cum laude with a Bachelor ofScience in chemical engineering from the University of Cincinnati

CHIEF FINANCIAL OFFICERBRAD BARKER, MBA

• He spent the last 10 years assisting small and middle market companies to grow and succeed

• MBA from the University of Notre Dame and Bachelordegrees in Engineering and Mathematics from the University of Michigan.

CHIEF OPERATING OFFICERJAMES CRAVER

• Vast experience in running multi-site healthcare Operations

• Previously served as Chief Operating Officer of Ambulatory Services for MedStar Health and was responsible for urgent care, multi-specialty practice and telehealth Operations

• BBA in Finance and BBA in Management from the University of Cincinnati


OFFERING MEMORANDUMOFFERING MEMORANDUMBRIGHTVIEW HEALTH | FAIRFIELD | WILMINGTON | HILLIARD | WARREN | ASHTABULA

Presented by:

Nathan Palmer SVP | EquityD: 614.586.3303 E: [email protected]

Jerry Robson Broker Associate | EquityD: 440.823.3746 E: [email protected]

Corey GraftAssociate | EquityD: 614.787.5287 E: [email protected]

4653 Trueman Boulevard, Suite 100Hilliard, OH 43026 USAP: [email protected]

Documents

Ohio Building Portfolio for sale · Ohio Building Portfolio for sale New 10-Year NNN Leases Presented by: Nathan Palmer SVP | Equity D: 614.586.3303 E: [email protected] Jerry Robson