Current Use by Public Records
- NICOLE RAE PANGBORN / Physician
- Buchanan Kathleen L / Physician
- Sanson Pediatrics / Pediatrician / Medical Clinic
Property Details for 299 Willard St
- Year built
- 1997
- Lot size
- 1.05 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cottonwood
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.026
- Latitude
- 34.7344
