305 N Willard St Cottonwood, AZ 86326
For Lease
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This single-tenant medical office building, totaling 2,000 square feet, is ideally situated across from Verde Valley Medical Center and near Historic Old Town Cottonwood. Built in 1996 on a 0.13-acre lot, this one-story building is part of a medical office park, sharing common parking, trash, power, and landscaping with four other buildings. The property features seven exam rooms, three bathrooms, a spacious patient waiting area, built-in administrative desks, and ample storage. Accessibility is ensured with ramps at both the front and rear. Utilities are the tenant's responsibility (electricity, natural gas, water, internet), while sewer, water, and trash are included in the CAM charge of $0.25 per square foot. A 5-year lease is required, with a 3% annual rent increase. Transaction privilege taxes (3.5% of rent and NNN) are due per City of Sedona requirements. The security deposit equals one month's rent. Rent and NNN charges begin on the lease start date; tenant improvement negotiations are possible. There is no assigned parking. The property is zoned C3 and has APN 406-42-109E. Power is electric.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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