MERCY ONE

INVESTMENT HIGHLIGHTS

• Prime Location– The 12,118 sq. ft. medical office is situated in a high-traffic area in DeWitt, Iowa, near key amenities, major roadways, residential areas, and synergistic medical
  providers.
• Competitive Pricing– The property is offered at a low price per foot of $127.83, significantly below replacement cost.
• New Roof– The roof was replaced in 2021 and includes a warranty, giving investors piece of mind that one of the largest capital items associated with the property has recently
  been taken care of.
• Nearby Medical Tenants– The property is situated in close proximity to other medical tenants, such as Genesis Medical Center, which contributes to the area’s concentration of healthcare services and fosters collaboration among medical providers.
• Resilient Investment– Healthcare and medical office properties are sought after investments for their resilience against e-commerce competition and economic downturns.
• Recreational Opportunities– DeWitt offers a variety of recreational activities, including parks, trails, and sports facilities, providing residents and visitors with opportunities to enjoy
  outdoor activities and maintain a healthy lifestyle.
• Surrounding Retail– DeWitt features a variety of retail establishments, including restaurants, shops, and service providers, which adds to the convenience and attractiveness of the
  area for potential tenants and their clients.
• Growing Demand for Healthcare Services– The aging population contributes to an increasing demand for specialized healthcare services, ensuring consistent demand for medical facilities.
• Educational Institutions– DeWitt is home to Central DeWitt Community School District, providing quality K-12 education to the community. The district is dedicated to offering a comprehensive educational experience that prepares students for future success. Hospital System MercyOne Clinton Medical Center is a not-for-profit, Catholic-affiliated healthcare provider that offers a range of medical services to residents in the area. As part of the larger MercyOne network, the facility provides access to
  advanced healthcare technology and a team of dedicated healthcare professionals.
• Hospital System– MercyOne Clinton Medical Center is a not-for-profit, Catholic-affiliated healthcare provider that offers a range of medical services to residents in the area. As part of the larger MercyOne network, the facility provides access to advanced healthcare technology and a team of dedicated healthcare professionals.
• Growing Tenant– MercyOne recently acquired Genesis Health, one of the other largest healthcare providers in Iowa. This acquisition shows the strength of the tenant and their appetite to continue growing their business and expanding their services.
• $21B Revenue from Parent Company– In 2022 Trinity Health completed their acquisition of MercyOne. Trinity Health reported $21B in revenue in for 2023 and has an investment grade credit rating of AA- from Fitch. The strength of the parent company gives investors confidence knowing that the tenant has significant financial backing and footprint.
• Potential for Future Growth– The building has 2,358 Sq Ft of vacant space between the basement area and a small pharmacy space on the first floor. If the tenant decides to occupy that extra space, the additional rent would increase the property’s already attractive return.