Matthews™ Healthcare Division is pleased to exclusively offer the opportunity to acquire a multi-tenant medical complex located in Lakeside, Arizona. The 33,050 square foot property is leased primarily under NNN leases with 3% annual escalators and a weighted average remaining lease term of over five (5) years. The property is anchored by Sunrise Ambulatory Surgical Center, a modern, state of the art multi-specialty surgery center that is majority-owned by AMSURG – one of the largest ASC operators in the country with over 250 locations across 34 states and D.C. It was announced that Ascension (Fitch: AA) – one of the largest health systems in the country – intends to acquire AMSURG in early 2026, offering investors a material credit enhancement on 37% of the property’s rentable square footage. Sunrise leases the space through July 2029. The property is also anchored by COPA Health which leases 37% of the rentable square footage through December 2032. COPA Health is a 14-unit healthcare provider with over 500 employees, funded by federal, state, and county sources with this location specifically providing behavioral health services. Other services offered at the property include ENT, dental, and imaging, making this a well diversified multi-specialty property.

The property is strategically located five (5) miles south of Show Low in Navajo County which has a population of 140k people. Show Low serves as the medical hub for the Arizona White Mountains. Furthermore, the property advantageously sits just one mile south of the 101-bed Summit Healthcare Regional Medical Center, the largest hospital in a 100+ mile radius. The hospital is a Level IV Trauma Center with a helipad. The substantial distance between the White Mountains and the largest metropolitan areas in Arizona make Show Low/Lakeside a critical healthcare hub to serve the surrounding population.