Building Details

Tenancy Multi

Listing Agency: Linton Real Estate, LLC Show Phone

Listed By: Susan Weitzman · License #BR006602000 Show Phone

Source: Mariannashone

Added: Aug 9 Changed: Sep 14 Last Checked: Oct 12 at 8:07PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Linton Real Estate, LLC

Investment Insights

Based on property information with market context.

This 2,215-square-foot medical office suite was built in 1982 and has undergone a full remodel. The layout includes 5 offices and two bathrooms, along with a shared entrance, waiting room, and storage area serving the neighboring medical office. Its configuration supports medical or wellness-oriented operations, subject to buyer verification of the stated size.

A dedicated walking path provides a direct connection to Flagstaff Medical Center. The property is located at 1300 N Rim Dr Unit A in Flagstaff, Arizona, offering an established professional setting with convenient access to the medical center.

Key Highlights

• 2,215‑square‑foot medical office suite
• Fully remodeled interior suited to medical or wellness use
• 5 offices and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$30,552

Cap Rate

5.31%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$611,040 $611.0K

Cap Rate 7%

$436,457 $436.5K

Cap Rate 9%

$339,467 $339.5K

Market Conditions

NOI Build-Up for 2,215 SF

Gross rent

$51.6K $23.28/SF

− Vacancy

−$10.8K −$4.89/SF

EGI

$40.7K $18.39/SF

− OpEx

−$10.2K −$4.60/SF

NOI

$30.6K $13.79/SF

Area

Coconino County, AZ

Vacancy

21.00%

Lease Rate

$23.28 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$611,040

Cap Rate 7%

$436,457

Cap Rate 9%

$339,467

Alternative Uses

Best Use

Office B

$436.5K

$381.9K – $509.2K (±1% cap)

NOI $30,552 @ 7.0% cap · market cap 5.31%

Second Best

Healthcare Medical

$383.4K

$335.5K – $447.3K (±1% cap)

NOI $26,840 @ 7.0% cap · market cap 4.67%

Theoretical Best

Office A

$612.4K

$535.8K – $714.4K (±1% cap)

NOI $42,865 @ 7.0% cap · market cap 7.45%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Oasis Dental Care ... Dental Office Dr. Jefrey A. Abramowitz, ... Dental Office Dr. Ben Feldman, ... Physician Brothers III Lyman ... Physician Dr. Daniel Downs, ... Physician

Suggested Use

Top Pick Storage Facility Electrical Service Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Office units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,586

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 86001, AZ

37,093

Population

15,364

Households

2.4

Avg Household Size

27

Median Age

55%

College-Educated

96%

High-School Grad

290.4 sq mi

ZIP Area

128

Density / Sq Mi

$62,587

Median Household Income

$24,346

Median Earnings

$1,505

Median Rent

$570,900

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Bright professional suite with private offices, restrooms, and shared reception and storage areas.

Where is this medical office space located?

The property is located at 1300 N RIM Drive A Flagstaff, AZ.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: 2,215‑square‑foot medical office suite; Fully remodeled interior suited to medical or wellness use; 5 offices and two bathrooms