New Medical Investment: Flagstaff Medical Center - Hospital Flagstaff, AZ | Rare S&P AA- Investment Grade Tenant | Annual Increases
5130 N Highway 89
Flagstaff, AZ 86004
FOR SALE NNN Property
Property Type:Single Tenant Retail (NNN)
Last Verified:Jun 23, 2020
- Northern Arizona Healthcare has a rare S&P “AA-” investment grade credit rating.
- New 10-year corporate single-tenant triple-net (NNN) medical investment, with ±9 years remaining, and attractive annual rent increases.
- Northern Arizona Healthcare is investing over $4.8M into their building, which is a significant contribution from the Tenant. This investment shows their commitment to the Property.
- Below market rent of $12.75 a square foot.
- Strong employment corridor including ±33,087 daytime employees and an average household income of $83,144 in a five-mile radius of the Property (Source: Esri).
- High traffic counts of approximately 41,842 vehicles per day on the 89 highway (Source: AZDOT, 2018).