MedPost Urgent Care

506 US-301DILLON | SOUTH CAROLINA

OFFERING MEMORANDUM

Med FirstUrgent Care & Family Practice

Table of Contents

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F I N A N C I A L O V E R V I E W0 5

A R E A O V E R V I E W0 9T E N A N T O V E R V I E W0 6

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TABLE OF CONTENTS

LISTED BY:THOR ST JOHNAssociate - Medical

DIRECT (310) 955-1774MOBILE (510) 684-0574

thor.stjohn@matthews.comLIC # 02051284 (CA)

KYLE MATTHEWSBROKER OF RECORD

LIC # 22684 (SC)

RAHUL CHHAJEDSenior Associate - Medical

DIRECT (949) 432-4513MOBILE (818) 434-1106

rahul.chhajed@matthews.comLIC # 01986299 (CA)

MICHAEL MORENOSenior Associate - Medical

DIRECT (949) 432-4511MOBILE (818) 522-4497

michael.moreno@matthews.comLIC # 01982943 (CA)

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MedPost Urgent Care

Investment Highlights

Property:

» Medical Real Estate -- Medical properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties

Location:

» Complete Market Share – Med First is the only urgent care within a 10-mile radius

» Convenient Urgent Care Location – The site is situated on Highway 301, one of the largest highways in the area running through both North and South Carolina with a traffic count of 15,000+ ADT

Tenant:

» Rapid Tenant Growth -- The acquisition of Med First by Sverica Capital in 2016 provides a strong private equity backing to expedite their expansion

» Med First currently has over 20 locations with 4 more sites opening soon, showing growth and a strong commitment to the greater North Carolina area

» Urgent Care clinics are a low-cost alternative to ERs, where extensive wait times and escalating overhead costs are expected (the average cost for an urgent care is $155 with a wait time of only 30 minutes, compared to $1,757 and a 4.5 hour wait time at an ER)

Executive Overview

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MedPost Urgent Care

SUBJECT PROPERTY

Investment Summary

» PROPERTY ADDRESS

» OFFERING PRICE

» CAP RATE

» GLA

» TOTAL LAND AREA

» TYPE OF OWNERSHIP

$348,000

2,200 SF

Fee Simple

10.00%

0.42 AC (11,160 SF)

506 US-301Dillon, SC 29539

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MedPost Urgent Care

Tenant Med First Primary & Urgent Care

Type of ownership Fee Simple

Lease Guarantor Corporate

Lease Type NN

Original Lease Term 5 Years

Term Remaining Month to month

Increases N/A

Financial Overview

Tenant Summary

Annualized Operating DataMed First Urgent Care & Family Practice

Term Monthly Rent

Annual Rent Rent PSF Cap Rate List Price

2018 $2,900.00 $34,800.00 $15.82 10.00% $348,000

Subject Property

MedPost Urgent Care

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Tenant Overview

» Ownership Private (Sverica Capital: RMS)

» Industry Healthcare

» Headquarters Jacksonville, NC

» Year Founded 2007

Med First Primary & Urgent Care provides complete family practice and primary care services for patients of all ages, from newborns to the elderly. 80% of all ER visits can be treated at Med First, and not all injuries require a costly trip to an emergency room. From a common cold to a sprained ankle, Med First healthcare providers can help.The mission at Med First Primary & Urgent Care is one that is a shared philosophy with all of the company’s providers, medical staff and administration. That mission is simple…exceed patients’ expectations. This philosophy is instilled within the practice on every level starting with patient care first. Med First strives to maintain an ongoing dedication to ensuring that each patient receives the highest quality of comprehensive healthcare in both a sick patient environment as well as wellness and preventative based Family Practice setting.

Tenant Overview

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Surrounding Area

The Dillon Herald

SUBJECT PROPERTY

US-501

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MedPost Urgent CareLocation Map

DemographicsPOPULATION 1 - MILE 3 - MILE 5 - MILE2023 Projection 4,895 11,013 15,5192018 Estimate 5,252 11,883 16,7382010 Census 5,393 12,331 17,454HOUSEHOLDS 1 - MILE 3 - MILE 5 - MILE2023 Projection 2,052 4,545 6,2972018 Estimate 2,087 4,644 6,4282010 Census 2,043 4,589 6,379INCOME 1 - MILE 3 - MILE 5 - MILE2018 Est. AverageHousehold Income

$53,459 $45,195 $44,411

Dillon, SC

The city of Dillon sits in Dillon County in the eastern part of South Carolina. Established in 1888, Dillon is the county seat and has a total population of around 7,000 people. In Dillon, you will find a variety of activities to partake in from outdoor recreation to civic involvement. The city offers 9 parks and playgrounds, 20 ball fields and 20 tennis courts for residents and visitors to take advantage of. Twin Lakes Country Club also features an 18 hole golf course, swimming pool and clubhouse. The community of Dillon is centered on family development, equal representation, and academic excellence. Residents welcome visitors with open arms and are proud to call Dillon their home.

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Columbia is the capital city of South Carolina. The City also serves as the county seat of Richland County in central South Carolina. The South Carolina State House is in Columbia and serves as the center of government for the state. Columbia offers so much to both visitors and residents. The City has various museums and historical sites along with a zoo & garden, art galleries, and expansive shopping districts. The City also offers a variety of outdoor recreation including fishing, boating, camping, canoeing and kayaking at any of the parks found in Columbia.

The University of South Carolina is the state’s flagship city is located in Columbia. There is a constant flow of sporting events to attend at the NCAA DI University of South Carolina. Other universities in Columbia include Allen University, Benedict College, and Columbia College. Columbia is also home to Fort Jackson, the largest United States Army Installation for Basic Combat Training. Just 15 miles Southeast of Fort Jackson is McEntire Joint National Guard Base, which is operated by the U.S. Air Force.

COLUMBIA, SC

Columbia has taken on the term as “The New Southern Hotspot,” with its significant growth and revitalization it has become a hub for talent, business, and recreation. Columbia is home to a variety of manufacturers that focus on high tech products. Manufacturing plays a key role in Columbia economy and overall growth of the area. Key players in the Columbia Manufacturing industry include Westinghouse Electric, FN manufacturing, and Intertape Polymer Group.

Healthcare is another major contributor to the Columbia economy. The Medical University of South Carolina is a major influencer in research and advancing the health science field in the area. There are three major hospitals are also just short distances from downtown Columbia and all contribute to health being a top employer in the Capital City of South Carolina. Other major employers and industries in the area include Information Technology: Blue Cross Blue Shield, USC Technology Incubator, and IT-ology.

Economy

Area OverviewTop Employers

Employer Number Employed

Palmetto Health 9,000

BlueCross BlueShield of SC 6,773

University of South Carolina 6,713

Richland School District 1 4,009

Richland School District 2 3,341

City of Columbia 2,283

Verizon Wireless 1,350

Air National Guard 1,200

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MedPost Urgent Care

Confidentiality Agreement & Disclaimer

This Offering Memorandum contains select information pertaining to the business and affairs of Med First Urgent Care & Family Practice located at 506 US-301, Dillon, SC 29539 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Offering Memorandum for the Property, you agree:

1 . The Offering Memorandum and its contents are confidential;2. You will hold it and treat it in the strictest of confidence; and3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or

its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum.

LISTED BY:

Med First Primary & Urgent Care

OFFERING MEMORANDUM

506 US-301DILLON | SOUTH CAROLINA

RAHUL CHHAJEDSenior Associate - Medical

DIRECT (949) 432-4513MOBILE (818) 434-1106

rahul.chhajed@matthews.comLIC # 01986299 (CA)

THOR ST JOHNAssociate - medical

DIRECT (310) 955-1774MOBILE (510) 684-0574

thor.stjohn@matthews.comLIC # 02051284 (CA)

KYLE MATTHEWSBROKER OF RECORD

LIC # 22684 (SC)

MICHAEL MORENOSenior Associate - Medical

DIRECT (949) 432-4511MOBILE (818) 522-4497

michael.moreno@matthews.comLIC # 01982943 (CA)