INVESTMENT OFFERING

SAB Capital is pleased to present the opportunity to acquire a long-term, absolute net leased medical office asset located at 2 Victory Court in Newburgh, New York. The property is leased to Health Plus Ortho Management, LLC, with the lease guaranteed by Health Plus Management, LLC, a healthcare practice management platform specializing in orthopedic surgery, physical medicine & rehabilitation, pain management and physical therapy practices.

The asset features 14+ years of remaining lease term with 1.50% annual rent escalations and two (2) five-year renewal options, providing investors with durable long-term cash flow and contractual NOI growth.

Health Plus Management supports a growing network of more than 50 physician-owned practice locations across the Northeast and Mid-Atlantic regions and is backed by Investcorp, a global alternative investment manager with more than $60 billion in assets under management. This institutional backing, combined with Health Plus Management’s specialty healthcare focus, provides a compelling tenant story within one of the most durable and demand-driven segments of the healthcare market.

The Newburgh facility serves as a dedicated medical office and physical therapy location with convenient access near the area’s primary Route 32 retail corridor. The property offers the key attributes healthcare users prioritize, including strong accessibility, patient convenience, on-site parking and proximity to the surrounding residential population base. Located within the growing Hudson Valley region, the asset also benefits from strong connectivity to Interstate 84, Interstate 87, Stewart International Airport and the broader New York metropolitan area.

This offering provides investors the opportunity to acquire a long-term, absolute NNN healthcare asset with contractual rental growth, institutional tenant sponsorship and a strategic location within the expanding Hudson Valley region.

• LONG-TERM LEASE COMMITMENT
  • The lease is guaranteed by Health Plus Management, LLC and has 14+ years of remaining term, providing stable cash flow and long-term income visibility.
• ABSOLUTE NNN LEASE STRUCTURE
  • The tenant is responsible for taxes, insurance, maintenance, repairs and capital expenditures. This structure minimizes landlord responsibilities and provides investors with a predictable and passive income stream.
• INSTITUTIONAL HEALTHCARE PLATFORM
  • Health Plus Management operates a growing orthopedic and musculoskeletal healthcare platform supporting 50+ physician practice locations across the Northeast and Mid-Atlantic regions.
• PRIVATE EQUITY SPONSORSHIP
  • Health Plus Management is backed by Investcorp, a global alternative investment manager with more than $60 billion in assets under management, providing institutional capital support and strategic growth resources.
• CONTRACTUAL RENTAL INCREASES
  • The lease features 1.50% annual rent escalations, including during both renewal option periods, providing steady income growth and a hedge against inflation over time.
• GROWING DEMAND
  • Orthopedic and musculoskeletal services represent one of the fastest-growing healthcare segments, supported by aging demographics, increasing demand for outpatient procedures and continued growth in rehabilitation and physical therapy services.
• STRATEGIC LOCATION
  • Located in Newburgh, New York, approximately 60 miles north of New York City within the growing Hudson Valley region, with strong transportation infrastructure including Interstate 84, Interstate 87 and Stewart International Airport.
• STRONG LOCAL DEMOGRAPHICS
  • The surrounding trade area includes over 91,000 residents within a 5-mile radius with average household incomes exceeding $105,000, supporting long-term demand for healthcare services.