Calling all 1031! TWO income producing buildings on Bee Ridge

Office for Sale
Catylist Listing ID: 30180362
Property Subtypes: Executive Suites, Medical, Office Building, Other
Building Size (RSF): 11,719 SF
Gross Building Area: See Agent
Sale Price: $1,630,000
Unit Price: $139.09 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.45%
Last Updated: 11/16/2017

Overview / Comments

Perfect investment property available making a great 1031! Fully leased with two buildings with a mix of professional tenants. Many long standing tenants! One of a kind location on newly renovated Bee Ridge Rd. with very easy access to both of these office buildings.

2965 Bee Ridge is a Stand Alone Office Building with great signage and exposure. Currently 100% occupied with a range from executive suites to around 2000 sf leased. Long standing tenants with higher potential for rent on growing Bee Ridge Rd! Great number of parking spaces with easy access on and off Bee Ridge Rd. Just East of Tuttle located on the North side of Bee Ridge.

2975 Bee Ridge is a Two Story Office building with long standing multi - tenants! Located on busy Bee Ridge with great access in and out of this property. Ample parking with office suites on the first and second floor. Two large office suites on the ground floor and two large suites on the second floor that are already generating rental income. Just East of Tuttle located on the North side of Bee Ridge Road.

Don't miss out on this slam dunk price per sq ft!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0059140001/0059140002
Zoning: OPL
Property Visibility: Good

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,791 97,422 171,445
Median Age: 46.2 48.7 48.54
Households: 7,881 45,632 78,754

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