Investment Overview

ABSOLUTE NNN LEASE Unlike the standard dialysis center leases with significant Landlord responsibilities (such as roof, structure, parking lot and HVAC replacement), the Subject Property has an absolute NNN lease structure provides an investor with a long-term, passive income stream with no landlord maintenance responsibilities whatsoever. See Market Lease Comparison on pages 2-3. EXCELLENT DEMOGRAPHICS Location has an average household income of $108,727 within a one-mile radius ESTABLISHED LOCATION Property has operated as a dialysis center for over 41 years with a $101,000 facility refresh completed in 2016(2) INVESTMENT GRADE TENANT Fresenius Medical Care Holdings, Inc., the Guarantor under the Lease, carries an Investment Grade Credit Rating of “BBB-” from S&P and “Baa3” from Moody’s. FRESENIUS MEDICAL CARE CORPORATE LEASE(1) • Fresenius Medical Care reported $17.8 Billion in revenue and a net worth of $10.8 Billion (2017) • Fresenius Medical Care is the world’s largest provider of products and services for individuals with renal diseases of which approximately 3.2 million patients worldwide regularly undergo dialysis treatment • Revenue in North America, approximately 72% of Fresenius Medical Care’s total revenue, increased 8% from the previous year • Fresenius Medical Care seres 320,960 patients in more than 50 countries across 3,752 clinics • Fresenius Medical Care employs more than 114,000 people in more than 50 countries around the world, which includes over 60,000 in North America