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ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
ALMOST FAMILY, INC.                                   Single-Tenant Office Building
            (NASDAQ: AFAM)
                                                        19,335 Square Feet
SINGLE-TENANT OFFICE BUILDING
  8060 Spyglass Hill Road   Viera, FL 32940
                                                       Fully Occupied

                                              OFFERING MEMORANDUM
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
OFFERING MEMORANDUM DISCLAIMER
This Confidential Offering Memorandum (“Memorandum”) is being delivered subject to the terms of the Confidentiality
Agreement (the “Confidentiality Agreement”) signed by you and constitutes part of the Confidential Information (as defined
in the Confidentiality Agreement). It is being given to you for the sole purpose of evaluating the possible investment in 8060
Spyglass Hill Road, Viera, FL 32940 (the “Project”), and is not to be used for any other purpose or made available to any
other party without the prior written consent of Owner, or its exclusive broker, Cushman & Wakefield. This Memorandum
was prepared by Cushman & Wakefield based primarily on information supplied by Owner. It contains select information
about the Project and the real estate market but does not contain all the information necessary to evaluate the Project.
The financial projections contained herein (or in any other Confidential Information) are for general reference only. They
are based on assumptions relating to the overall economy and local competition, among other factors. Accordingly,
actual results may vary materially from such projections. Various documents have been summarized herein to facilitate
your review; these summaries are not intended to be a comprehensive statement of the terms or a legal analysis of such
documents. While the information contained in this Memorandum and any other Confidential Information is believed to
be reliable, neither Cushman & Wakefield nor Owner guarantees its accuracy or completeness. Because of the foregoing
and since the investment in the Project is being offered on an “As Is, Where Is” basis, a prospective investor or other party
authorized by the prospective investor to use such material solely to facilitate the prospective purchaser’s investigation,
must make its independent investigations, projections and conclusions regarding the investment in the Project without
reliance on this Memorandum or any other Confidential Information. Although additional Confidential Information, which
may include engineering, environmental or other reports, may be provided to qualified parties as the marketing period
proceeds, prospective purchasers should seek advice from their own attorneys, accountants, engineers and environmental
experts. Neither Cushman & Wakefield nor Owner guarantees the accuracy or completeness of the information contained
in this Memorandum or any other Confidential Information provided by Cushman & Wakefield and Owner. Owner expressly
reserves the right, at its sole discretion, to reject any offer to invest in the Project or to terminate any negotiations with any
party at any time with or without written notice. Owner shall have no legal commitment or obligations to any prospective
investor unless and until a written sale agreement has been fully executed, delivered and approved by Owner and any
conditions to Owner’s obligations thereunder have been satisfied or waived. Owner has retained Cushman & Wakefield as its
exclusive broker and will be responsible for any commission due to Cushman & Wakefield in connection with a transaction
relating to the Project pursuant to a separate agreement. Cushman & Wakefield is not authorized to make any representation
or agreement on behalf of Owner. Each prospective investor will be responsible for any claims for commissions by any other
broker in connection with an investment in the Project if such claims arise from acts of such prospective investor or its broker.
This Memorandum is the property of Owner and all parties approved by Owner and may be used only by parties approved by
Owner. No portion of this Memorandum may be copied or otherwise reproduced or disclosed to anyone except as permitted
under the Confidentiality Agreement.
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
ALMOST FAMILY SINGLE-TENANT OFFICE BUILDING
VIE R A      FLOR I DA

                                                      8060
                                                    SPYGLASS
                                                     HILL RD

          PRESENTED BY
          Presented by:
                          Gino Lollio                          Scott Niedergang                Michael Feldman, CCIM
                          Managing Director                    Managing Director               Director
                          Healthcare Advisory Practice         Healthcare Advisory Practice    Commercial Brokerage
                          Capital Markets                      Capital Markets                 Florida Healthcare Practice Group
                          Tel: (312) 338-7061                  Tel: (312) 338-7060             Tel: (561) 227-2063
                          gino.lollio@cushwake.com             scott.niedergang@cushwake.com   michael.feldman@cushwake.com
                          License: IL 475.145430               License: IL 475.145986          License: FL 3109580
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
PROPERTY OVERVIEW
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
INVESTMENT OVERVIEW                                                                                                                                                               5

The Capital Markets division of the Healthcare Advisory Practice at Cushman and            dentistry, dialysis and endodontic providers and clinics. The property is located
Wakefield is pleased to present the Almost Family Single-Tenant Office Building            immediately east of the main Interstate 95 corridor and on the same primary exit as the
opportunity located in Viera, Florida.                                                     nearby Health First Viera Hospital. Considering the hospice and home-health nature of
                                                                                           the property, it is important to note that Viera is made up of multiple adult communities
The subject property is a 19,335-square-foot, single tenant office building that is 100    (55+) as well as a nearby military retirement community. Due to its proximity to these
percent occupied. The building is occupied by the long-term tenant Brevard HMA             planned communities, the median age within a three mile radius of the property is
Home Health, LLC, which is corporately guaranteed by Almost Family, Inc. The tenant        approximately 50 years old, almost 15 years older than the US average. Additionally,
operates under an Absolute Net lease with no landlord responsibilities. The lease          nearly 27 percent of the approximately 62,000 population total within a five mile radius
includes two ten-year extension options.                                                   of the property is age 65 or older (Medicare eligible). There are approximately 15,000
                                                                                           households within a 3 mile radius, boasting an average household income of almost
Almost Family, Inc. (NASDAQ: AFAM) is a leading provider of cost efficient, high quality
                                                                                           $88,000 per year. Further, not only is the property located near a busy commerce park,
home healthcare services and related innovations to drive savings for payers and
                                                                                           and large retail corridor, it is also within the greater-Melbourne area that houses Cape
improve patient outcomes and experience. The company, founded in 1976, operates
                                                                                           Canaveral, the Indian and Banana Rivers, and a number of beach-front and aquatic
over 340 locations across 26 states. The company operates under two divisions:
                                                                                           preserve attractions. The location is also easily accessible from both the Orlando and
Home Healthcare, and Healthcare Innovations. The Home Healthcare segment
                                                                                           Melbourne Orlando international airports.
includes Visiting Nurse Services, which typically follows a period of hospitalization or
inpatient procedure. Personal Care Services are also included in the Home Healthcare
segment; these services are provided on an as-needed basis. In 2016, 70 percent of
Almost Family, Inc.’s revenue came from the Visiting Nurse Services segment and 26
                                                                                               ■■
                                                                                                  INVESTMENT HIGHLIGHTS
                                                                                                    Fully Occupied, Single Tenant Office Building | 19,335
percent of the revenue was generated by the Personal Care Services segment.
                                                                                                    Square Feet
In recent months, it has been announced that Almost Family, Inc. will be merging with          ■■   Corporately Guaranteed by Almost Family, Inc. (NASDAQ:
LHC Group, Inc., in what is being termed a “merger of equals.” The merger of these
                                                                                                    AFAM) | 340+ Locations in 26 States
two industry leaders will create an in-home healthcare service with a nearly $2 billion
revenue stream across 781 locations in 36 states. LHC Group, Inc. offers a range of            ■■   Almost Family, Inc Merges with LHC Group, Inc. to Create
hospice care, as well as non-acute services through the operation of 15 long-term                   In-Home Healthcare Service With Nearly 2 Billion Revenue |
acute care hospitals. The merger will allow the company to operate across a national                781 Locations in 36 States
continuum of care.
                                                                                               ■■   Absolute Net Lease with Two Ten-Year Extension Options |
The subject property is situated within the master-planned community of Viera, Florida              Annual CPI Rental Escalations
along the east-west Spyglass Hill Road corridor. The Spyglass Hill Road corridor has           ■■   Current Rent of $15.26 is Below Market Rents of $17-$19/
historically been well-leased with occupancy rates averaging close to 90 percent.
                                                                                                    SF/NNN for Office Space and $18-$22+/SF/NNN for Clinical
It remains an established medical corridor providing hospital system and specialty
providers which serve the local planned community population. Current occupancy
                                                                                                    Space
includes tenants whose leases have run well over 10 years with renewal rates                   ■■   Strategically Situated in Major Medical Corridor | Less than
averaging +/-84.5 percent for clinical providers. Rents have remained strong in the                 Two Miles from 96-Bed Health First Viera Hospital
past 12 months and are averaging $17.00-19.00/SF/NNN for office space and $18.00-
$22.00+/SF/NNN for clinical space, depending on level of finish. Current rent of $15.26
                                                                                               ■■   Approximately 50 Miles Southeast of Orlando | Population
being paid by the tenant is below market.                                                           Surpasses 66,000 in Five-Mile Radius
                                                                                               ■■   27 Percent of Five-Mile Population is 65+ Years of Age
The city of Viera is located in affluent Brevard County, and the property’s location is
situated within a pocket of medical-focused services, including the neighboring Viera          ■■   2017 Median Household Income of $77,012 in Five-Mile
Health and & Rehabilitation Center and within walking distance to senior, orthopaedic,              Radius | Projected 2022 Household Income is $83,040

www.cushmanwakefield.com
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
ALMOST FAMILY SINGLE-TENANT OFFICE BUILDING                                         6

                                                                           8060

                       PROPERTY
                                                                         SPYGLASS
                                                                          HILL RD

                       SUMMARY
         THE OFFERING

                                    Almost Family Single-Tenant Office
         Property Name
                                                             Building
                                              8060 Spyglass Hill Road
         Property Address
                                                     Viera, FL 32940

         PROPERTY DESCRIPTION

         Year Built / Renovated                           1997 / 2010

         Square Feet                                        19,335 SF

         Lot Area                                 4.91 AC; 213,880 SF

         Assessor’s Parcel Number       26-36-10-04-00000.0-0001.01

www.cushmanwakefield.com
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
EXTERIOR PHOTOS            7

www.cushmanwakefield.com
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
LOCAL MAP                                                 8

                                                 8060
                                               SPYGLASS
                                                HILL RD

                           HEALTHFIRST VIERA
                               HOSPITAL
                            1.6 MILES AWAY

www.cushmanwakefield.com
ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
MARKET AERIAL                                                                    9

                                                              Viera Health and
                                                               Rehabilitation
                                                     8060          Center
                                                   SPYGLASS
                                                                  114 Beds
                           Affiliated Laboratory    HILL RD
                                  and Clinic

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ALMOST FAMILY, INC. SINGLE-TENANT OFFICE BUILDING - Fully Occupied - LoopNet
FINANCIAL ANALYSIS
FINANCIAL OVERVIEW                                                                                                                        11

       SUMMARY                                                                       ANNUALIZED OPERATING INFORMATION     CURRENT
                                                                                     Scheduled Base Rental
       Price                                                          $4,310,000                                              $295,000
                                                                                     Income
       Down Payment                         30%                        $1,293,000    Net Operating Income                    $295,000
       Portfolio Price Per
                                                                        $222.90      Cash Flow                                $295,000
       Square Feet
       Portfolio Rentable                                                            Debt Service                            ($201,234)
                                                                       19,335 SF
       Square Feet (RSF)
                                                                                     Net Cash Flow After Debt
       Lot Size                                                        4.91 Acres                                7.25%        $93,766
                                                                                     Service

       Year Built/Renovated                                            1997 / 2010   Principal Reduction                      $66,836

       Occupancy                                                         100%        TOTAL RETURN                12.42%       $160,602

       RETURNS

       CAP Rate                                                         6.85%
       Cash-on-Cash                                                      7.25%

       Debt Coverage Ratio                                                1.47

       FINANCING                                                       1ST LOAN

       Loan Amount                                                    $3,017,000

       LTV                                                               New

       Loan Type                                                         70%

       Interest Rate                                                    4.50%

       Amortization                                                    25 Years

       Term                                                             5 Years

       Year Due                                                          2023

                             Loan information is subject to change.

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RENT ESCALATION SCHEDULE                                                                                                                 12
                                                                                   RENT ESCALATION SCHEDULE

                                                                                             MINIMUM RENT                 MAXIMUM RENT

                                                    Year 1           6/1/2009 - 5/31/2010       234,000                      234,000

 * Tenant is subject to a rent escalation           Year 2           6/1/2010 - 5/31/2011       240,500                      240,500
   schedule set forth in the lease
   documents, and provided herein. The              Year 3           6/1/2011 - 5/31/2012       247,000                      247,000
   rental escalation is based on a CPI
   growth capped at 2.7% of the previous            Year 4           6/1/2012 - 5/31/2013       253,500                      253,669
   year’s annual rent. Additionally, and in an
   effort to control for market fluctuations,
                                                    Year 5           6/1/2013 - 5/31/2014       260,000                      260,518
   the lease prescribes a minimum and
   maximum range within which the annual
   rent shall fall. Capitalized annual rent         Year 6           6/1/2014 - 5/31/2015       266,500                      267,552
   as of 2018 was projected by growing
   previous year’s annual rent (6/1/2017 –          Year 7           6/1/2015 - 5/31/2016       273,000                      274,776
   5/31/2018) by an estimated CPI increase
   to occur on the prescribed annual rent           Year 8           6/1/2016 - 5/31/2017       279,500                      282,195
   escalation date.
                                                    Year 9           6/1/2017 - 5/31/2018       286,000                      289,814

                                                 Year 10 (Current)   6/1/2018 - 5/31/2019       292,500       $295,000*      297,639

                                                    Year 11          6/1/2019 - 5/31/2020       299,000                      305,675

                                                   Year 12           6/1/2020 - 5/31/2021       305,500                      313,929

                                                   Year 13           6/1/2021 - 5/31/2022       312,000                      322,405

                                                   Year 14           6/1/2022 - 5/31/2023       318,500                      331,110

                                                   Year 15           6/1/2023 - 5/31/2024       325,000                      340,050

                                                   Year 16           6/1/2024 - 5/31/2025       331,500                      349,231

                                                   Year 17           6/1/2025 - 5/31/2026       338,000                      358,660

                                                   Year 18           6/1/2026 - 5/31/2027       344,500                      368,344

www.cushmanwakefield.com
TENANT SUMMARY                                                                                                                                                                       13

                                                                                                                                               LEASE SUMMARY
  Almost Family, Inc. is a leading provider of cost efficient, high quality home healthcare services and related
  innovations to drive savings for payers and improve patient outcomes and experience. The company, founded
                                                                                                                          Tenant Name              Brevard HMA Home Health, LLC
  in 1976, operates over 340 locations across 26 states.
  The company operates under two divisions: Home Healthcare and Healthcare Innovations. The Home                          Guarantor                            Almost Family, Inc.
  Healthcare segment includes Visiting Nurse Services (VNS) and Personal Care Services (PC).
  Visiting Nurse Services Overview                                                                                        Gross Square Feet                             19,335 SF
  Visiting Nurse Services provides a range of Medicare-certified home health nursing services to patients in need         Percentage of
  of recuperative care, typically following a period of hospitalization or care in another type of inpatient facility.                                                      100%
                                                                                                                          Occupancy
  Services are often provided to patients in lieu of additional care in other settings such as long term acute care
  hospitals, inpatient rehabilitations hospitals or skilled nursing facilities. Almost Family, Inc. nurses, therapists,   Lease
                                                                                                                                                                           6/1/09
                                                                                                                          Commencement
  medical social workers and home health aides work with patients and their families to design and implement
  an individualized treatment response to a physician-prescribed plan of care. Professionals include nurses,              Lease Expiration                                5/31/27
  licensed practical nurses, physical, speech, and occupational therapists, and medical social workers.
  Recently acquired home health segment of Community Health Systems (NYSE: CYH), one of the largest                       Extension Terms                   Two Ten-Year Options
  publicly-traded hospital companies in U.S.. The acquisition includes 74 home health agencies across 22 states
  and hospice business of 15 separate hospice agencies across 7 states. Joint Venture 80 percent owned by                 Annual Rent/GSF                                  $15.26
  Almost Family and 20 percent owned by Community Health Systems.
  In 2016, 70 percent of Almost Family Inc. revenues come from this segment. Of this 70 percent, 95 percent of            Monthly Rent                               $24,583.30
  the revenue were derived from the Medicare program.
  Personal Care Services Overview                                                                                         Base Rent Increase                          Annual CPI
  These services, which include personal care, medication management, meal preparation, caregiver respite, and
  homemaking, are provided in patients homes on an as-needed basis. These services are typically provided to              Annual Rent                                  $295,000
  patients that would otherwise be admitted to a skilled nursing facility.
                                                                                                                          Lease Type                                Absolute Net
  Revenues are generated on an hourly basis with 83 percent coming from Medicaid and other government
  programs. The balance comes from insurance programs and private pay clients.
                                                                                                                          Roof/Structure                    Tenant Responsibility
  This segment generated 26 percent of 2016 revenues, of which approximately 83 percent were derived from
  Medicaid.

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MERGER OVERVIEW                                                                                                                                                          14

LHC Group and Almost Family Announce Merger of Equals to Create Leading
National Provider of In-Home Healthcare Services
November 16, 2017

  • National platform enables greater service and continuity across continuum of care
  • Well-positioned to lead the transition to value-based reimbursement through the highest quality and patient
    satisfaction
  • Immediately accretive for the shareholders of each company
  • $25 million in run-rate cost synergies identified
  • Diversification of services and expansion of geographic footprint creates in-home healthcare provider and
    joint venture partner of choice for leading hospitals and health systems
  • Well-capitalized balance sheet for continued growth through acquisitions
  • Multi-channel growth opportunities accelerate organic growth, expand joint venture relationships and                    LHC Group is the preferred post-acute
    extend service lines                                                                                                    care partner for hospitals, physicians and
                                                                                                                            families nationwide. From home health
LAFAYETTE, La. and LOUISVILLE, Ky., Nov. 16, 2017 (GLOBE NEWSWIRE) -- LHC Group, Inc.                                       and hospice care to long-term acute
(NASDAQ:LHCG) and Almost Family, Inc. (NASDAQ:AFAM) announced today that they have agreed to                                care and community-based services, we
combine in an all-stock merger of equals transaction pursuant to a definitive merger agreement unanimously                  deliver high-quality, cost-effective care
approved by the Boards of Directors of each company.                                                                        that empowers patients to manage their
                                                                                                                            health at home.
http://investor.lhcgroup.com/news-releases/news-release-details/lhc-group-and-almost-family-announce-merger-equals-create
                                                                                                                            More than 60 leading hospitals and
                                                                                                                            health systems around the country have
                                                                                                                            partnered with LHC Group to deliver
LHC Group, Almost Family merger highlights growth of post-acute market                                                      patient-centered care in the home.
By Alex Kacik | November 17, 2017                                                                                           More hospitals, physicians and families
                                                                                                                            choose LHC Group, because our
LHC Group and Almost Family agreed to a merger that would create the second-largest home health provider in                 13,000-plus employees in 26 states are
the country with 781 locations in 36 states, more than 31,000 employees and revenue of $1.8 billion.                        united by a single, shared purpose: It’s
                                                                                                                            all about helping people.
The deal highlights the growing stature of the post-acute and home health space as many organizations aim to
capitalize on population health and payment initiatives that emphasize reducing unnecessary care, shift care to
lower-cost care delivery settings, improving patient satisfaction and outcomes.
http://www.modernhealthcare.com/article/20171117/NEWS/171119888

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MARKET OVERVIEW
VIERA, FLORIDA                                                                                                                              16

                LOCATION OVERVIEW                                                               ECONOMY
         The City of Viera is a political subdivision of the State of       ■■   Viera is home to general aviation manufacturer Piper
         Florida. The City was originally incorporated in 1919 as the            Aircraft, which is the largest private employer in
         City of Vero. In 1925, the City of Vero was re-incorporated             Indian River County. As of July 2015, Piper employed
         as the City of Viera and was transferred from St. Lucie                 approximately 750 people. Aside from Piper, the bulk
         County to Indian River County.                                          of commercial activity in Viera centers around tourism,
                                                                                 the citrus industry and service activities.
         The City of Viera consists of 13.1 square miles and is
         located about 190 miles south of Jacksonville and 135 miles        ■■   There are two large shopping malls the Indian River
         north of Miami on Florida’s east coast. The City’s population           Mall and the Fashion Outlet Mall just west of I-95 on
         is currently estimated at 15,220.                                       State Road 60. There are small specialty shops along
                                                                                 Ocean Drive on the barrier island and in what is called
         The City of Viera serves as its county seat, and is under a             the “Miracle Mile.” The Historic Downtown is a newly
         Council-Manager form of government. The five members                    revitalized area of shopping, dining, antique stores
         of the City Council are elected to overlapping terms of two             and art galleries.
         years. The City Manager, City Attorney and City Clerk are
         appointed by the City Council.                                     ■■   A large part of tourism in Viera is taken in part by The
                                                                                 Disney Resort in Vero (Disney’s Viera Resort).
         Viera is a full-service city. All traditional city services such
         as police, public works, and recreation are provided. In
         addition, the City of Viera operates an electrical distribution
         system, water and sewer plants, solid waste collection
         department, airport and marina.

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VIERA, FLORIDA                                                                                                                  17

                           TRANSPORTATION                                     MAJOR AREA EMPLOYERS
             ■■   Viera Regional Airport is a public airport one mile
                  northwest of Viera, offering commercial jet service by   Driftwood Inn • Hallstrom House • Old Indian River
                  Elite Airways.
                                                                             County Courthouse • Judge Henry F. Gregory
             ■■   Viera is located within 14 miles of the Orlando
                  Melbourne International Airport, being serviced by       House • Maher Building • McKee Jungle Gardens
                  major carriers, as well as approximately 50 miles from   • Old Palmetto Hotel • Pueblo Arcade • Royal Park
                  downtown Orlando and the major downtown Orlando
                  International Airport hub.                                Arcade • Theodore Hausmann Estate • Old Viera
             ■■   Viera is served by GoLine Bus routes.                     Community Building • Viera Diesel Power Plant •
             ■■   The Florida East Coast Railway (FEC) mainline bisects    Viera Woman’s Club • Vero Railroad Station • Vero
                  Viera, with an active team track in town serving a                             Theatre
                  lumber/building products customer.

                                                                                       NEARBY CITIES
                                                                                      ORLANDO
                                                                                   Approximately 56 Miles
                                                                               CAPE CANAVERAL
                                                                                   Approximately 30 Miles
                                                                                      MELBOURNE
                                                                                   Approximately 15 Miles

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DEMOGRAPHICS
VIERA, FLORIDA                                                                                                                                                                                                                                                                                                19

                                                                       1 MILE                      3 MILES                       5 MILES                                                                                     1 MILE                       3 MILES                      5 MILES
      Population Summary                                                                                                                                     Housing Unit Summary

        2000 Total Population                                         3,948                        19,273                       35,506                       2000 Housing Units                                             1,783                         9,258                        15,518

        2010 Total Population                                         6,439                        31,990                        58,461                         Owner Occupied Housing Units                                84.4%                         80.7%                        82.2%

        2017 Total Population                                         6,759                       38,000                        66,289                          Renter Occupied Housing Units                               6.8%                          10.6%                         10.7%

            2017 Group Quarters                                        160                           267                           270                          Vacant Housing Units                                         8.7%                         8.7%                          7.0%

        2022 Total Population                                         7,201                         41,151                       71,302                      2010 Housing Units                                              3,111                       15,746                        26,743

            2017-2022 Annual Rate                                     1.27%                         1.61%                        1.47%                          Owner Occupied Housing Units                                73.9%                        74.5%                         75.8%

        2017 Total Daytime Population                                8,550                         43,207                       67,699                          Renter Occupied Housing Units                                17.1%                        15.6%                        15.5%

            Workers                                                   4,028                        20,037                       28,794                          Vacant Housing Units                                        9.0%                          9.8%                          8.7%

            Residents                                                 4,522                        23,170                       38,905                       2017 Housing Units                                             3,260                        18,016                        29,476

      Household Summary                                                                                                                                         Owner Occupied Housing Units                                70.5%                        72.6%                         73.8%

      2000 Households                                                 1,627                        8,448                         14,426                         Renter Occupied Housing Units                               20.7%                         19.5%                        19.2%

          2000 Average Household Size                                  2.31                         2.24                          2.44                          Vacant Housing Units                                        8.8%                           7.9%                         7.0%

      2010 Households                                                 2,830                        14,197                       24,422                       2022 Housing Units                                             3,456                        19,285                        31,391

          2010 Average Household Size                                  2.21                         2.23                          2.38                          Owner Occupied Housing Units                                70.9%                        72.9%                         73.8%

      2017 Households                                                 2,972                        16,594                       27,400                          Renter Occupied Housing Units                               20.3%                         19.8%                        19.6%
          2017 Average Household Size                                 2.22                          2.27                          2.41                       Median Household Income

      2022 Households                                                 3,152                        17,886                       29,343                       2017                                                          $72,157                      $75,738                       $77,012

          2022 Average Household Size                                 2.23                          2.29                          2.42                       2022                                                          $79,137                      $81,867                       $83,040

          2017-2022 Annual Rate                                       1.18%                         1.51%                        1.38%                       Median Home Value

      2010 Families                                                   1,863                        9,900                         17,504                      2017                                                         $224,147                     $239,838                      $243,081

          2010 Average Family Size                                     2.72                         2.67                          2.81                       2022                                                        $269,389                      $303,912                      $311,240

      2017 Families                                                   1,934                        11,550                        19,543                      Per Capita Income

          2017 Average Family Size                                     2.75                         2.72                          2.85                       2017                                                         $37,562                       $41,435                       $40,596

      2022 Families                                                   2,043                        12,428                       20,877                       2022                                                          $41,907                      $45,929                       $44,872

          2022 Average Family Size                                     2.77                         2.73                          2.86

     Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income
     represents the income received by all persons aged 15 years and over divided by the total population.
     Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022 Esri converted Census 2000 data into 2010 geography.

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ALMOST FAMILY SINGLE-TENANT OFFICE BUILDING
VIERA       FLOR I DA

 PRESENTED BY
  Presented by:         Gino Lollio                    Scott Niedergang                Michael Feldman, CCIM
                        Managing Director              Managing Director               Director
                        Healthcare Advisory Practice   Healthcare Advisory Practice    Commercial Brokerage
                        Capital Markets                Capital Markets                 Florida Healthcare Practice Group
                        Tel: (312) 338-7061            Tel: (312) 338-7060             Tel: (561) 227-2063
                        gino.lollio@cushwake.com       scott.niedergang@cushwake.com   michael.feldman@cushwake.com
                        License: IL 475.145430         License: IL 475.145986          License: FL 3109580
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