Venice Medical Office

Office for Sale
Catylist Listing ID: 30097027
Property Subtypes: Medical
Building Size (RSF): 18,618 SF
Gross Building Area: See Agent
Gross Land Area: 1.27 Acres
Sale Price: $2,950,000
Unit Price: $158.45 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 7.05%
Last Updated: 10/13/2017

Overview / Comments

Stable cash flow opportunity for owner/user or investor. Free standing
Class "A" Medical property with 65% leased to Sarasota Orthopedic
Associates. Very well constructed building with a canopy covered drop
off and pick up entry. Proximity to I-75 is perfect for practices with a
regional client base. The vacant 3rd floor is completely built out and
ready for immediate occupancy.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0400 09 0004
Zoning: CHI
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 2007
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 59

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,386 32,309 67,538
Median Age: 65.24 64.49 61.29
Households: 1,262 16,734 34,650
© Copyright My Florida Commercial Real Estate. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.