– Dense Retail Corridor – Immediately south of the Outlet Collection Seattle- No Early Termination or Kick-Out Clause – During initial term and any exercised options- Leading Operator – DaVita is one of the largest kidney care companies in the US-2,724 outpatient clinics in 46 states; 199,400 patients- Strong Guarantee – $11.61 billion in revenue, $547 million in net income, Moody’s: Ba3, S&P: BBIncome Tax-Free State- Growing Industry – 562,000+ ESRD dialysis patients in US (3.0% CAGR 2010-2020)- Insulated from Macroeconomic Changes – +/-90% of DaVita, Inc.’s total dialysis patients were covered under some form of government-based program- Long-Term, Passive Lease – 15-year lease with highly passive rental income, net lease structure, minimal landlord responsibilities- Top MSA – Se