FACILITIESAPPROVED

Amphitheater Unified School District No. 10 School Building Lease 2026-07-01

District leases school buildings to education provider

$187,325.00 annual base rent; $15,610.42 per month during initial term; Renewal Term 1: $192,944.75/year ($16,078.73/month); Renewal Term 2: $198,733.09/year ($16,561.09/month); Renewal Term 3: $204,695.09/year ($17,057.92/month); Renewal Term 4: $210,835.94/year ($17,569.66/month)Amphitheater Unified DistrictSPECIALIZED EDUCATION OF ARIZONA INCJune 6, 2026

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Description

Amphitheater Unified School District No. 10 is leasing the Administration Building and Building A at Marion Donaldson Elementary School to Specialized Education of Arizona, Inc. for $187,325 in annual base rent from July 15, 2026 through June 30, 2027. The agreement includes four optional one-year renewals with scheduled rent escalations and tenant-paid utilities and insurance.

Contract Details

Contract Amount

Vendor

SPECIALIZED EDUCATION OF ARIZONA INC

Agency

Amphitheater Unified District, AZ

Contract Type

FACILITIES

Document Date

June 6, 2026

Contract Term

Initial term: July 15, 2026 – June 30, 2027 (11 months, 17 days), with four optional one-year renewal terms on same terms and conditions

Renewal Date

2027-06-30

Renewal Info

Tenant may extend the Lease for four consecutive one-year renewal terms on the same terms and conditions by providing written notice at least 90 days before expiration of the initial term or then-current Renewal Term. Base rent increases each renewal year per the schedule in Section 4.

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