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1765 E Villa Dr 2,365 SF Vacant Office Building Cottonwood, AZ 86326 $966,990 CAD ($408.88 CAD/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- 10+ years solid business reputation with large client database
- Turnkey Fully Updated Wellness Center with Flexible Zoning
EXECUTIVE SUMMARY
Own a piece of Cottonwood's commercial success story—home to an award-winning day spa and designed for long-term versatility. This 2,365 sq ft, C1-zoned building offers two fully independent suites, seven private offices or treatment rooms, a dedicated admin office, a welcoming reception area, a storage/equipment room, and three ADA-compliant restrooms. Each suite includes a private shower, one originally installed for float therapy and the other for short-term rental use. The building is fully wired for internet and phone and protected with a fire sprinkler system. A 534 sq ft section holds prior Planning & Zoning approval for short- or long-term rental. High visibility, ample parking, and flexible design make this property ideal for medical, dental, spa, salon suites, or exec. offices
Currently occupied by two tenants (no extended leases month to month), the building is utilized as a wellness center with four independent massage therapists and one office support team member. The space offers services such as massage therapy, float therapy, red light therapy, tanning, spray tanning, and aesthetics. While the day spa business is not included in the sale, equipment, Web site, and business assets may be purchased separately for a seamless transition or brand expansion. The current and renters & staff would love to stay.
Owner Operator Cap 15.4%
Rental Model Cap 5%
This is a rare opportunity to secure a high-performing, multi-use commercial space in a booming Arizona market ideal for medical, dental, salon suites, therapy offices, or executive use. The location, infrastructure, and established reputation make this an investment with immediate momentum and long-term upside.
Currently occupied by two tenants (no extended leases month to month), the building is utilized as a wellness center with four independent massage therapists and one office support team member. The space offers services such as massage therapy, float therapy, red light therapy, tanning, spray tanning, and aesthetics. While the day spa business is not included in the sale, equipment, Web site, and business assets may be purchased separately for a seamless transition or brand expansion. The current and renters & staff would love to stay.
Owner Operator Cap 15.4%
Rental Model Cap 5%
This is a rare opportunity to secure a high-performing, multi-use commercial space in a booming Arizona market ideal for medical, dental, salon suites, therapy offices, or executive use. The location, infrastructure, and established reputation make this an investment with immediate momentum and long-term upside.
DATA ROOM Click Here to Access
- Offering Memorandum
- Market Information
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$65,573
|
$27.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,279
|
$1.39
|
| Effective Gross Income |
$62,294
|
$26.34
|
| Taxes |
$4,334
|
$1.83
|
| Operating Expenses |
$6,917
|
$2.92
|
| Total Expenses |
$11,251
|
$4.76
|
| Net Operating Income |
$51,043
|
$21.58
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,573 |
| Annual Per SF | $27.73 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $3,279 |
| Annual Per SF | $1.39 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $62,294 |
| Annual Per SF | $26.34 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,334 |
| Annual Per SF | $1.83 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,917 |
| Annual Per SF | $2.92 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,251 |
| Annual Per SF | $4.76 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $51,043 |
| Annual Per SF | $21.58 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
2,365 SF
Building Class
B
Year Built
2005
Price
$966,990 CAD
Price Per SF
$408.88 CAD
Cap Rate
6%
NOI
$58,019 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,365 SF
Building FAR
0.25
Lot Size
0.22 AC
Zoning
C1 - SECTION 418. “C-1” ZONE, LIGHT COMMERCIAL A. PURPOSE This district is intended to provide for light commercial uses.
Parking
9 Spaces (3.81 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Storage Space
- Central Heating
- Reception
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 406-55-024 | Total Assessment | $712,634 CAD (2026) |
| Land Assessment | $77,524 CAD (2026) | Annual Taxes | $4,334 CAD ($1.83 CAD/SF) |
| Improvements Assessment | $635,109 CAD (2026) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
406-55-024
Land Assessment
$77,524 CAD (2026)
Improvements Assessment
$635,109 CAD (2026)
Total Assessment
$712,634 CAD (2026)
Annual Taxes
$4,334 CAD ($1.83 CAD/SF)
Tax Year
2025
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