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    299 Willard St Cottonwood, AZ 86326

    Sponsored
    For Lease
    $14 SF/Yr ($2,400 /Mo)

    Prime Medical Office, 2,000 sq ft

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,000-square-foot medical office building presents a unique investment opportunity in Cottonwood's thriving medical submarket. Ideally situated across from Verde Valley Medical Center and near Historic Old Town Cottonwood, this single-tenant property is part of a well-maintained medical office park. The building boasts seven exam rooms, three bathrooms, a spacious patient waiting area, built-in administrative desks, and ample storage. Accessibility is enhanced by ramps at both the front and rear. Shared amenities include a parking area (10 spaces total, unassigned), common trash removal, and shared green space with four other buildings in the park. The property features electric power and sits on a 1.05-acre lot. Built in 1997, this one-story building is zoned C3 (APN: 406-42-109F). Tenant responsibilities include electricity, natural gas, water, and internet; while sewer, water, and trash are included in the CAM charge of $0.25 per square foot. Transaction privilege taxes (3.5% of rent and NNN) are also due per City of Sedona requirements. A five-year lease term is required, with a 3% annual rent increase. The security deposit equals one month's rent. Rent and NNN charges begin on the lease start date; tenant improvement negotiations are possible.

    Property Features for 299 Willard St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF
    Total Rate
    2400

    Building Details

    Year Built
    1997
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,044 SF
    Rate per SF
    $14

    HighLights

    • 2,000 SF single‑tenant medical office building.
    • Located in the Cottonwood submarket, across from Verde Valley Medical Center.
    • Situated in a medical office park with shared parking and utilities.
    • Features seven exam rooms, three bathrooms, a large waiting area, and ample storage.
    • 1.05‑acre lot with 10 parking spaces (unassigned).
    Property Profile Location Intelligence

    Current Use by Public Records

    NICOLE RAE PANGBORN Physician Assistant Buchanan Kathleen L Nurse Practitioner Sanson Pediatrics Pediatrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cottonwood
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.0262675
    Latitude
    34.7344077

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 2,000 sq ft
    Where is this medical office located?
    The property is located at 299 Willard St Cottonwood, AZ.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF single-tenant medical office building.; Located in the Cottonwood submarket, across from Verde Valley Medical Center.; Situated in a medical office park with shared parking and utilities.
    Request Owner's contact information
    299 Willard St Cottonwood, AZ 86326
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    Cottonwood, AZ 86326
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    299 Willard St Cottonwood, AZ 86326
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