1801 E March Ln
Stockton, CA 95210

Leased to SATELLITE DIALYSIS OF STOCKTON, LLC, and guaranteed by SATELLITE HEALTHCARE, INC., for 12 years expiring May 31, 2030. The initial annual rent of $260,467 increases by 2.5% annually. The lease is net with the tenant responsible for reimbursing taxes, insurance, and maintenance of the exterior premises including roof, structure and parking lot. Costs of a capital nature are reimbursed by the tenant on an amortized basis . Tenant is also responsible for the condominium association CAM charges, and a management fee. There are two five-year options to renew at 95% of Fair Market Value (FMV), but not less than the previous year's rent. Thereafter the rent increases by 2.5% annually until the next option period.