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Property Detail

Northview Road
120 Northview Road is an opportunity to purchase a medical and dental office fully leased .
$2,100,000

Description

  • 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.
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  • Tenants appreciate the well-maintained complex's new updates, fresh flooring, and floor-to-ceiling windows, which bring the area's beauty inside.
  • Scenic and amenity-rich location with a host of retailers, including Whole Foods, Walgreens, Chase Bank, and Starbucks.
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  • With ample parking and easy egress/ingress, employees and visitors can reach the healthcare building via State Route 89A and Highway 179.

Executive Summary

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.

120 Northview Rd

Listing ID : 00789

SKU: 789

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Price History

DateEventPrice
December 11 2024Listed$2,100,000.00