This Property consists of a 30,844 square foot, single-story hospital (“Hospital”) and an attached 45,526 square foot, three-story medical office building (“MOB”). The Hospital will be master-leased, on a triple-net basis, to Oceans Healthcare for an initial term of 20 years. Oceans Healthcare is a nationally recognized provider of behavioral health services. Oceans will operate the Hospital as a 40-bed, inpatient behavioral hospital.

Oceans Healthcare will also lease 5,292 square feet in the MOB for an initial term of 20 years for the use of outpatient therapy. Two additional tenants that will move in post-closing and occupy 20,301 square feet for Capital Area Human Services and Open Health. The building is currently 80.8 percent pre-leased.

The property is located in North Baton Rouge within designated Opportunity and Enterprise Zones, and in the northwest quadrant of Howell Place, a 200-acre plot of land that is being developed into a mixed-use park located ten minutes north of downtown Baton Rouge.

All information regarding this property is from sources deemed reliable; however, New Era Companies, LLC has not made an independent investigation of these sources. No warranty or representation is made by New Era Companies, LLC as to the accuracy of the information and same is presented subject to errors, omissions and uncertainties, including without limitation, change of price, unknown property conditions, governmental regulations, rental or other conditions, prior sale, lease or withdrawal from the market without notice. Certain information set forth herein may contain forward-looking statements and, as such, you should not rely on such statements. This information contained herein remains subject to further updating, revision and amendment without notice. Nothing herein shall constitute an offer and, as such, New Era Companies, LLC shall not be bound or obligated by any terms and conditions until such time as a final agreement is executed and delivered by all parties thereto, and then only to the extent set forth therein.