120 Northview Rd - Health Care FOR SALE


Sedona, AZ 86336
$2,100,000 USD
623-900-1759
120 Northview Rd, Sedona, AZ for Sale
$2,100,000 USD
Health Care - FOR SALE
1/69
null | 6.6% Cap Rate

120 Northview Rd
Sedona, AZ 86336


HIGHLIGHTS

  • 120 Northview Road is an opportunity to purchase a medical and dental office fully leased to Grade A tenants with rent increases starting next year.
  • Scenic and amenity-rich location with a host of retailers, including Whole Foods, Walgreens, Chase Bank, and Starbucks.
  • Tenants appreciate the well-maintained complex's new updates, fresh flooring, and floor-to-ceiling windows, which bring the area's beauty inside.
  • With ample parking and easy egress/ingress, employees and visitors can reach the healthcare building via State Route 89A and Highway 179.

OVERVIEW

120 Northview Road is a 5,173-square-foot prestigious medical, dental, and office complex complete with long-term leases and now available for purchase in West Sedona, Arizona. One of the tenants is a renowned medical corporation, ensuring steady rental income for the new owner. This healthcare building was built in 1994 and is in excellent condition due to recent updates to the interior and exterior. These updates make 120 Northview Road a lucrative investment opportunity for those seeking a secure and well-maintained property. The existing leases have built-in increases starting next year. Surrounded by breathtaking views and situated close to various amenities, 120 Northview Road is in the heart of everything this charming small town offers. This medical property sits less than a mile from State Route 89A and 2 miles from Highway 179 for convenient commuting. There isn't much medical competition in the greater Sedona area, where the closest hospital is 22 minutes southwest in Cottonwood, Arizona, and a 50-minute drive north to Flagstaff, Arizona. As Sedona's largest geographical neighborhood, West Sedona extends around 3 miles on both sides of State Route 89A, the city's major east-west thoroughfare. West Sedona showcases gorgeous hiking, magnificent sunset views, and an abundance of spectacular sightseeing opportunities, with many of Sedona's most impressive rock formations within its borders. Grandmothers, Lizard Head, and Sugar Loaf are of those rock formations.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C-O

APN/PARCEL ID

408-26-505A

ASK ABOUT THIS PROPERTY

Chelsea MurphyCMEH RealtyMore Info
623-900-1759

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Chelsea MurphyCMEH RealtyMore Info
623-900-1759

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.