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Miscellaneous

NFP Insurance Solutions | 8 Yr Lease | 20 Yr Op History

6992 E Broadway Blvd, Tucson, AZ 85710

Listing Price: $3,450,000

Cap Rate
8.00%
Tenant Name
Koty-Leavitt Insurance Agency, Inc.
Years Remaining On Lease
8.0
Gross SF
15,600
Guarantor
Personal Guarantee
Rentable SF
15,600
Price/Gross SF
$221.15
Lease Type
Gross Lease
Rent Per Square Feet
$17.70

Investment Overview

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions. NFP enables client success through the expertise of over 6,000 professionals across the globe, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business.

Investment Highlights

  • Eight Years Remaining on Lease Term with Three Percent Annual Rental Increases
  • Almost 20 Year Operating History at Location - Top Performing Branch
  • 244,381 Residents Within a Five-Mile Radius - Growing Tucson Trade Area
  • Situated within a Retail Center with a Diverse Tenant Profile
  • Leased to a Subsidiary Leading Insurance Brokerage with Over 300 Offices Worldwide
  • Surrounded by National Retailers - HomeGoods, In-N-Out Burger, Wendy's, Michael's, Floor & Decor, Bealls Outlet, and More
  • Located at a High Traffic Intersection with Over 77,300 Cars per Day at the Corner of Broadway Boulevard and Kolb Road
  • Down the Road from Park Place Mall and Carondelet St. Joseph's Hospital

Exclusively Listed By

Miscellaneous

NFP Insurance Solutions | 8 Yr Lease | 20 Yr Op History

Listing Price: $3,450,000

Cap Rate
8.00%
Tenant Name
Koty-Leavitt Insurance Agency, Inc.
Years Remaining On Lease
8.0
Gross SF
15,600
Guarantor
Personal Guarantee
Rentable SF
15,600
Price/Gross SF
$221.15
Lease Type
Gross Lease
Rent Per Square Feet
$17.70

Investment Highlights

  • Eight Years Remaining on Lease Term with Three Percent Annual Rental Increases
  • Almost 20 Year Operating History at Location - Top Performing Branch
  • 244,381 Residents Within a Five-Mile Radius - Growing Tucson Trade Area
  • Situated within a Retail Center with a Diverse Tenant Profile
  • Leased to a Subsidiary Leading Insurance Brokerage with Over 300 Offices Worldwide
  • Surrounded by National Retailers - HomeGoods, In-N-Out Burger, Wendy's, Michael's, Floor & Decor, Bealls Outlet, and More
  • Located at a High Traffic Intersection with Over 77,300 Cars per Day at the Corner of Broadway Boulevard and Kolb Road
  • Down the Road from Park Place Mall and Carondelet St. Joseph's Hospital

Investment Overview

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions. NFP enables client success through the expertise of over 6,000 professionals across the globe, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business.

Exclusively Listed By

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