Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 6200 Central Avenue, Portage, Indiana (the “Property”/”Investment”), a single-tenant medical office property leased to Northwest Medical Group. Northwest Medical Group is a wholly owned subsidiary of Community Health Systems (NYSE: CYH), a 76 hospital healthcare system spanning 13 states.

The 4,701 square foot investment is encumbered under a long-term, 10-year net lease where the tenant is responsible for paying CAM, Insurance and Real Estate Taxes. Completely re-developed to the tenant’s exact specifications in 2020, the remaining lease term of 4.5 years runs through October of 2030 and possesses three additional five-year options with 2% rental increases per annum.

Northwest Medical Group is affiliated with Northwest Health, the dominant regional healthcare system within the region which serves a population greater than 700,000. The Northwest Health network includes three Northwest Indiana hospitals, five emergency departments, six urgent cares, three outpatient surgery centers, occupational medicine centers, and an inpatient rehabilitation unit. Northwest Health has more than 4,000 employees and 700 physicians.

Located in Northwest Indiana, just 40-miles from Downtown Chicago, the Property is located in the largest city in Porter County and is 0.7-miles from Interstate, I-80/90 Indiana Tollway, connecting Indiana to Illinois, Michigan, and Ohio. The Property’s location benefits from its proximity to Chicago but offers substantially lower tax rates and robust Indiana population growth.