Life Line Ambulance | Payson, AZ
Sands Investment Arizona is Pleased to Exclusively Offer For Sale 3,123 SF Life Line Ambulance NN Asset Located at 816 South Beeline Highway in Payson, AZ. This Deal Includes a Tenant Who Recently Executed a New 12-Year Lease With 2 x 5 Year Options Showing Long Term Commitment to the Site and a Secure Investment.
- Tenant Recently Executed a New 12-Year Lease With 2 x 5 Year Options Showing Long-Term Commitment to the Site
- The Lease Incorporates a Yearly Rental Increase of 2%, Ensuring a Consistent Growth in Net Operating Income and Serving as a Strong Safeguard Against Inflation
- The Lease is Corporately Guaranteed By Global Medical Response, Inc. ($5.7B in Revenue)
- Double Net (NN) Lease Structure Limiting the Landlord Responsibilities to Roof and Structure
- Life Line Ambulance, a Subsidiary of AMR, Stands as the Foremost Private Ambulance Service Provider in Northern Arizona; American Medical Response, Widely Recognized as AMR, Holds Its Position as the Premier Medical Transportation Company in the Nation
- Excellent Visibility: The Site is Positioned Off of South Beeline Highway, Boasting a Traffic Count of 31,600 VPD
- Strategically Located Near Dense Retail Corridor Containing Many National Tenants Including: Walmart, Safeway, PetSmart, Walgreens, Tractor Supply co. and Many More
- The Site Underwent an Extensive Renovation in 2023
In Cooperation With Sands Investment Arizona, LLC – Lic. #LC690889000 BoR: Gary W. Berwick, CCIM – Lic. AZ #BR625869000
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