McKay Creek Assisted Living

Investment Overview

CAPACITY COMMERCIAL GROUP is pleased to announce the opportunity to own the well-located Long-Term Lease, Single Tenant investment located in Pendleton, Oregon. The McKay Creek Assisted Living is an excellent investment property. It offers long term stability with a 20-Year Lease Term in place. Additionally, this is a hands-off investment with the Tenant responsible for all expenses including capital costs. With easy access off Interstate-84, it serves the Greater Pendleton and Umatilla County Area.

Investment Highlights

• Long-Term Absolute-NNN Lease
• 20-year primary term through 2044, 18+/- years remaining; tenant pays all taxes, insurance, maintenance, and capex.
• Operated by Publicly-Traded PACS Group, which operates 300+ facilities across 17 states.
• Managed through Providence Group NH, LLC — a subsidiary of PACS Group, Inc. (NYSE: PACS).
• Built-In 2.5% Annual Rent Growth
• Escalations every July 1 provide a 64% total base-rent increase over the primary term.
• Purpose-Built Senior Housing
• 33,250 SF, 44-unit assisted living community on 1.77 acres with 31 on-site parking stalls