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: 4/13/2018

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
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