816 S Beeline Hwy | Payson, AZ 85541
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816 S Beeline Hwy
Payson, AZ 85541
Life Line Ambulance · Office Property For Sale
Investment Highlights
- Tenant Recently Executed a New 12-Year Lease With 2 x 5 Year Options Showing Long-Term Commitment to the Site
- Ensuring a Consistent Growth in Net Operating Income and Serving as a Strong Safeguard Against Inflation
- Double Net (NN) Lease Structure Limiting the Landlord Responsibilities to Roof and Structure
- The Lease Incorporates a Yearly Rental Increase of 2%
- The Lease is Corporately Guaranteed By Global Medical Response, Inc. ($5.7B in Revenue)
- Life Line Ambulance, a Subsidiary of AMR, Stands as the Foremost Private Ambulance Service Provider in Northern Arizona
Property Facts
Property Type
Office
Property Subtype
Building Size
3,123 SF
Building Class
B
Year Built/Renovated
2022/2023
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,123 SF
Slab To Slab
12’
Building FAR
0.13
Lot Size
0.56 AC
Zoning
C-3 - Roadway Frontage
Parking
27 Spaces (8.65 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Reception
- Central Heating
- High Ceilings
- Partitioned Offices
- Recessed Lighting
- Wi-Fi
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 304-16-303C | Improvements Assessment | $781,747 |
| Land Assessment | $82,036 | Total Assessment | $863,783 |
Property Taxes
Parcel Number
304-16-303C
Land Assessment
$82,036
Improvements Assessment
$781,747
Total Assessment
$863,783
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