FACILITIESAWARDED

Amphitheater Unified School District Building Lease July 2025

School District Leases Building to Specialized Education of Arizona

$120,000 (Base Rent for initial term), renewals: Year 1: $123,000, Year 2: $126,075, Year 3: $129,226.88, Year 4: $132,457.55Amphitheater Unified DistrictSPECIALIZED EDUCATION OF ARIZONA INCJuly 1, 2025

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Description

Amphitheater Unified School District awarded a 12-month building lease to Specialized Education of Arizona, Inc. for $120,000 per year, starting July 2025. The agreement includes up to four one-year renewal options with annual rent increases and assigns mutual maintenance and insurance obligations.

Contract Details

Contract Amount

$120,000 (Base Rent for initial term), renewals: Year 1: $123,000, Year 2: $126,075, Year 3: $129,226.88, Year 4: $132,457.55

Vendor

SPECIALIZED EDUCATION OF ARIZONA INC

Agency

Amphitheater Unified District, AZ

Contract Type

FACILITIES

Document Date

July 1, 2025

Contract Term

12 months (commencing July 2025), with up to four (4) consecutive 1-year renewal options

Renewal Date

2026-07-01

Renewal Info

Tenant may extend lease for up to four additional one-year terms at set annual rent increases, with 90-day advance written notice for each renewal. No automatic renewal; each option exercised individually.

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