Life Skills Autism Academy | Tucson, AZ

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,169 SF Life Skills Autism Academy Located at 7770 East Wrightstown Road in Tucson, AZ. This Deal Includes an Expiring Lease Term in 2030, With a Single Rent to Market Option,
Enabling Buyers to Negotiate Full Lease Terms Favorable For Resale Opportunity, Providing For a Secured Investment.

  • Tenant: Life Skills Autism Academy, a Division of Centria Autism, is an Expanding Center-Based ABA Therapy Program Spanning Across Arizona, Texas and Indiana With 16 Locations in Total
  • Guarantee: Centria is a Strong Corporate Tenant Backed By Thomas H Lee Partners Private Equity Firm; The PE Firm Based Out of Boston Acquired Centria Heath in 2019 For $400M+
  • Demographics: Strong Population Demographics Boasting 80,000 + Residents in the 3-Mile Radius and 200,000+ Residents in the 5-Mile Radius Population
  • Appreciation: 3.3% Annual Bumps Provides Superior Hedge Against Inflation and Growing NOI; Largest Increase Structure in the Behavioral Health Net Lease Space
  • Value-Add: Expiring Lease Term in 2030 With a Single Rent to Market Option Enables Buyer to Negotiate Long Term Lease Extension
  • Neighboring Retail: Target, Chick-fil-A, Safeway, Costco Wholesale, Trader Joes, Dollar Tree, Albertsons and More
  • Neighboring Educational Facilities: Clara Ferrin Bloom Elementary, Academy of Tucson Elementary School, Bodhi Community K12, and Joseph W. Magee Middle School all within 3-Mile Radius
  • Location: Property is a 10 Minute Drive to the University of Arizona, Home to 44,000 Students, 15,000 Employees, and a Well Known Division One Athletics Program
  • Surging Demand For ABA Therapy Services: In 2022, the Global Market For Autism Spectrum Disorder Therapies Was Valued at $1.93 Billion; This Market is Expected to Expand From $2.01 Billion in 2023 to $3.42 Billion By 2030
  • Exciting Multi-Family Development Awaiting Approval With the 8.5 Acre Surrounding Shopping Center, Catalina Village

In Cooperation With Sands Investment Arizona, LLC – Lic. #LC690889000 BoR: Gary W. Berwick, CCIM – Lic. AZ #BR625869000

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KeyBank

 

  • KeyBank is a National Credit Tenant (NYSE:KEY). KeyBank. Posted a 2013 Total Revenue of Over $4.1 B and Maintains an A- Credit Rating by Standard and Poor.
  • KeyBank Exercised its Next 5-Year Option more than a Year Early Showing a Strong Commitment to the Site.
  • The Price Per Square Foot of the Building ($282.00) is Below Replacement Cost.
  • Next Rent Increase of 10% will Occur April 1, 2015, and there are 10% increases in options as well.
  • A Bank has been at the Location Since 1973; KeyBank has Operated as a Bank There Since 1993.
  • Tenant Pays Insurance, and CAM Charges Making this an Ideal Investment for Out-of-State Investors.
  • Tenant is Responsible for Repair and Maintenance of Roof and Structure.
  • Surrounding Synergistic Tenant Mix Creates a Destination to this Particular Trade Area and Satisfies Both Daytime and Evening Consumer Demands. Surrounding Tenants Include: Lowe’s, Chipotle, Fifth Third bank, Dunkin Donuts, Burger King, IHOP, KFC and more.
  • Strategically Located Along Route 28 Near the Intersection of Route 28 and Interstate 275.