Spokane Eye Clinic Portfolio - Spokane, WA

High-Caliber Operator – The portfolio is occupied by Spokane Eye Clinic, a 28-physician practice with over 70 years of operating history. Spokane Eye Clinic was acquired by PRISM Vision Group, a leading national ophthalmology platform with approximately 100 affiliated locations across six states and Washington, D.C. PRISM is approximately 80% owned by McKesson (Fitch: BBB+), following a transaction valued at $874 million at close in April 2025.
Immediate Scale Opportunity – The offering provides immediate scale through the acquisition of a four-property portfolio totaling approximately 72,000 square feet across the Spokane metropolitan area.
Passive Lease Structures – The portfolio features NNN leases designed to be largely passive, with landlord obligations limited to roof and structural capital expenditures, significantly reducing operating expense risk for investors.
Stellar Practice Performance – Spokane Eye Clinic supports over 146,000 annual patient visits and 13,000 surgical procedures, operated by 28 physicians and more than 350 staff across four clinic locations and a five-operating-room, state-of-the-art ambulatory surgery center. Practice financials show excellent operational performance with a very strong rent coverage ratio. Practice financials are available with with an executed NDA.
Hedge Against Inflation – The portfolio features 2.5% annual escalators across all four properties offering investors consistent revenue growth while also providing an excellent hedge against inflation

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Brian Brockman