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199 S Candy Ln 10,352 SF 100% Leased Office Building Cottonwood, AZ 86326 $2,715,000 ($262.27/SF) 6.22% Cap Rate
Investment Highlights
- Prominent site and building on medical campus
- Excellent design and condition
- Growing medical center and community
Executive Summary
The Cottonwood Medical Building is a purpose built, single story, multi-tenant (3), MOB, with patient drop off and shared waiting. Excellent condition. Original owners. First time to market. 100% leased. Prominent outparcel at the Verde Valley Medical Center. The VVMC is part of Northern Arizona Healthcare and is constructing a new cancer center that will serve all of Northern Arizona. The MOB features excellent visibility, access, parking and convenience.
See Offering Memorandum for more.
See Offering Memorandum for more.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,352 SF
Building Class
B
Year Built/Renovated
1990/2020
Price
$2,715,000
Price Per SF
$262.27
Cap Rate
6.22%
NOI
$168,801
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,352 SF
Building FAR
0.24
Lot Size
0.99 AC
Zoning
PAD - Zoning is conforming, permanent and transferable. City Zoning Verification Letter available.
Parking
36 Spaces (3.48 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 406-33-131J | Improvements Assessment | $1,202,610 |
| Land Assessment | $166,574 | Total Assessment | $1,369,184 |
Property Taxes
Parcel Number
406-33-131J
Land Assessment
$166,574
Improvements Assessment
$1,202,610
Total Assessment
$1,369,184
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199 S Candy Ln
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