Investment Overview

The Sulo Group is pleased to present a BestMed Urgent Care located in Lebanon, OR (Salem MSA). 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. The CCP Holdings, LLC corporate guaranteed lease which has over 12 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. The subject property was a brand new build to suit for BestMed Urgent Care in 2021 and a strategic location in the main retail corridor in Lebanon, OR. 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.