Long-Term Lease: The property is secured by a long-term lease with approximately 14 years remaining, providing stable and predictable cash flow for investors. This extended term offers a reliable tenant commitment, enhancing investment security and minimizing vacancy risk for the long haul.

Triple Net Lease: The property is secured by a NNN lease, providing investors with a hands-off, low-risk investment where the tenant is responsible for taxes, insurance, and maintenance. This structure ensures predictable, passive income with minimal landlord responsibilities.

Annual Escalators: The lease structure features strong built-in rental escalations, with an 8% increase in Year 4, followed by 2.5% annual increases thereafter, ensuring steady income growth and long-term value appreciation for investors.

Growing Operator: Founded in 2021, Hopscotch Primary Care is rapidly expanding its footprint, now operating 11 clinics serving over 15,000 patients in Western North Carolina. With a recent $50 million Series C funding round and the appointment of CEO Tim Gronniger in November 2024, the company is poised for continued growth in delivering advanced primary care to rural communities.

Recession-Resistant Asset Class: Medical real estate is a recession-resistant asset class, driven by the essential nature of healthcare services and consistent patient demand regardless of economic cycles.

Growing Industry: As of 2025, the U.S. primary care market is valued at approximately $290.91 billion and is projected to reach around $357.86 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.23%.

Recent Redevelopment: The property recently underwent renovation in 2024 with ownership investing approximately $1.58MM to improve the property. The improvements include new HVAC systems, parking lot reseal and striping, new landscaping, new plumbing fixtures and water heaters, and more.

Favorable Medicaid Market: North Carolina’s Medicaid expansion, effective December 2023, is increasing patient access and driving demand for healthcare services, particularly in outpatient and specialty care settings. With a well-established managed care system and rising reimbursement rates, the state’s evolving Medicaid landscape enhances the stability and growth potential of medical office investments.