299 Willard St Cottonwood, AZ 86326

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.