7770 Wrightstown Rd Tucson, AZ 85715-4330

This exceptional investment opportunity presents a 7,169 square foot school building located at 7770 East Wrightstown Road, Tucson, Arizona, 85715. The property boasts a 7.75% cap rate and a Net Operating Income (NOI) of $135,529. Currently 100% occupied by Life Skills Autism Academy, a division of Centria Autism, a leading ABA therapy provider with 16 locations across Arizona, Texas, and Indiana. The lease, a modified net lease with a corporate guarantee from Centria (backed by Thomas H Lee Partners, a major private equity firm), commenced October 17, 2022, and expires March 1, 2030, leaving a remaining term of 5.3 years. Annual rent bumps of 3.3% provide a strong hedge against inflation and ensure growing NOI. The lease includes a rent-to-market option at the beginning of the option period, offering a significant value-add opportunity for the buyer to negotiate a long-term lease extension. The property benefits from a dense population base, with over 80,000 residents within a 3-mile radius and over 200,000 within 5 miles. Excellent retail synergy is provided by nearby Target, Chick-fil-A, Safeway, Costco, Trader Joe's, and other major retailers. The property is also conveniently located within a 10-minute drive of the University of Arizona. The asking price is $1,748,761, translating to a price per square foot of $243.93. This presents a compelling investment in a rapidly growing sector, with the global market for autism spectrum disorder therapies projected to expand significantly in the coming years. An 8.5-acre surrounding shopping center, Catalina Village, has a multi-family development awaiting approval. Numerous educational facilities are also located within a 3-mile radius.