NNN Pro is pleased to present the exclusive listing for an established urology clinic located in Tucson, AZ. The site consists of roughly 9,065 rentable square feet of building space on estimated 1.38-acre parcel of land. This United Urology tenant is subject to a 7-year triple-net (NNN) lease, which commenced January 1st, 2021. The current annual base rent is $276,834 and is scheduled to increase by 2% annually throughout the remaining term; the lease has two 3-year renewal options. The property also has the potential for solar power income. The tenant pays the buyer at the utility charge rate and the buyer pays the excess power that the panels don’t cover. The average is approximately $2,400/mo in additional income.
About the Investment
