Investment Property for Sale, South Tucson
Address:
2716 S 6th Avenue,
South Tucson, AZ 85713
Investment Highlights
- 5 Year NNN Lease
- Next door to the Social Security office.
- Across the street from Salvation Army
- Easy access to I-10.
DETAILS
Descripton
Whirlygig Propertes, LLC is pleased to present the opportunity to acquire a NNN leased, investment property located in South Tucson, Arizona. The single-tenant located at 2716 S. 6th Ave is Healthcare Holdings of America, LLC, (HHA) is occupying as per the lease is approx. 8,500 sq. ft. The 5 year lease commenced January 1, 2021 and expires December 31, 2026. Base rental rate is $13.00 per sq. ft. totaling $110,500.00 annually. The lease is signed by HHA. The lease is with minimal landlord responsibilities limited to the structure.
Location
Medicare Health Benefits is positioned so that access to the property is available from all portions of the Tucson area. Major roadways include South 6th Avenue, that is only 3 blocks from Interstate 10. Major arterials include Interstate 10 and to the west Interstate 19. These arterials are four and six lane road ways that have developed into commercial districts with residential and some industrial uses on interior streets. The overall access to and from the property is considered to be very good with good public transportation available in the area.
Information about Medicare Health Benefits
They are a National Company based in Nashville, Tennessee that is serving underserved insurance agents, doctors, clients, and beneficiaries across the nation since 2007.
Though it wouldn’t earn the Healthcare Holdings of America name until 2018, HHA was formed in 2007. Founder, Jeff Pitta, started his career as a licensed insurance agent selling private Medicare plans. He learned very quickly that there was a lack of support for agents as well as a lack support for their clients. He knew he could fix these problems, and Senior Market Advisors (SMA) was born with a mission to “serve the underserved” insurance agents and Medicare beneficiaries.
Later, HealthTN, a brokerage for marketplace insurance plans and InsureTN, a property and casualty brokerage, would round out the company’s portfolio.
In 2017, Jeff Pitta decided to purchase one of his biggest partners: Medicare Health Benefits, headquartered in Tucson, Arizona. The addition of Medicare Health Benefits was a small part of what was about to be a huge growth spurt for the company.
In 2018, the additions of MedicarePlanFinder.com and HealthMatch.com led to the formation of what is now Healthcare Holdings of America.
