299 Willard StCottonwood, AZ 86326

Property Details for 299 Willard St

Year built

1997

Lot size

1.05 AC

Property size (Sq ft)

2,000 SF

Property type

Office properties

Property subtype

Medical offices

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.

Location Insight

City

Cottonwood

County

Yavapai

State

Arizona

Latitude

34.7344

Longitude

-112.026

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