Retinal Consultants Medical Group | 2.5% Annual Increases
6+ Year NNN Lease with 2.5% Annual Increases Majority Owned By Cencora (NYSE: COR)
Marketing description
Retinal Consultants Medical Group is a single-tenant outpatient medical facility located within Meriam Park, Chico's premier master-planned medical and professional submarket. The recently constructed property consists of approximately 6,910 square feet and benefits from its position within one of Chico's fastest-growing healthcare corridors alongside Enloe Health, the VA Outpatient Clinic, and a growing concentration of specialty medical providers.
Investment highlights
6+ YEAR NNN LEASE TO ESTABLISHED RETINA PRACTICE
The property is leased to Retinal Consultants Medical Group under a 6+ year NNN lease
structure, providing stable cash flow backed by an established Northern California
ophthalmology practice specializing in retina care and vitreoretinal treatment services
SPECIALIZED OUTPATIENT MEDICAL USE
The facility supports a specialized outpatient healthcare use with recurring patient demand
and referral-driven medical services. Retina care represents a critical healthcare specialty with
long-term operational relevance within regional outpatient medical networks.
PREDICTABLE CASH FLOW WITH EMBEDDED ANNUAL GROWTH
The lease includes 2.5% annual rent increases, providing consistent built-in income growth
throughout the remaining lease term. The NNN lease structure minimizes landlord
responsibilities and supports predictable net operating income.
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