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Single-Tenant Medical Office Condominium

198 S Coronado Dr, Sierra Vista, AZ 85635

For Sale
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Barnet Dulaney Perkins Eye Center occupies the property under a triple-net lease.

Property Size7,627 SF
Price / SF$383.33
Days on Market17

Property Features for 198 S Coronado Dr

General Information

Standard status Active
Size 7,627 SF
Property subtype Office
Occupancy 100%

Additional Details

Tenant in Place Yes
Property Use Medical Office
Medical Specialty ophthalmology

Building Details

Tenancy Single
Listing Agency: DOCPROPERTIES
Listed By: Trisha Talbot · License #AZ BR533137000
Source: Crexi
Added: Oct 24 Changed: Nov 8 Last Checked: Nov 8 at 2:46PM

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 DOCPROPERTIES

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Investment Insights

Based on property information with market context.

The 7,627-square-foot medical office condominium at 198 S Coronado Dr in Sierra Vista is fully leased to Barnet Dulaney Perkins Eye Center, an affiliate of American Vision Partners. The single-tenant property is structured as a triple-net investment. A complete renovation for the tenant’s use is planned for 2026.

Recent work includes servicing and repairs to the heating, ventilation and cooling units, roof replacement with a two-year warranty, and exterior painting. Canyon Vista Medical Center, identified as the closest hospital, is approximately three miles away.

Key Highlights

  • 7,627‑square‑foot medical office condominium
  • 100% leased to Barnet Dulaney Perkins Eye Center
  • Triple‑net lease structure

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hemant Sindhu, MD Physician More MD Physician Suzanne Miller Daly Physician Hemant Singh Sindhu Physician Cochise Digestive Health ... Medical Clinic

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Parking Lot & Garage Big Box & Wholesale Store Electrical Service

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

893
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85635, AZ

35,095
Population
17,138
Households
2
Avg Household Size
41
Median Age
31%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
515
Density / Sq Mi
$60,822
Median Household Income
$42,247
Median Earnings
$985
Median Rent
$218,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Geiger Vet — 999 E Fry Blvd, Sierra Vista, AZ 85635

Frequently Asked Questions

What type of property is this?
Medical Office Space - Barnet Dulaney Perkins Eye Center occupies the property under a triple-net lease.
Where is this medical office space located?
The property is located at 198 S Coronado Dr Sierra Vista, AZ.
What is the asking price?
The asking price for this property is $2,923,683.
What are key features of this property?
This property features: 7,627‑square‑foot medical office condominium; 100% leased to Barnet Dulaney Perkins Eye Center; Triple‑net lease structure
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