Island of Venice Professional Office Bldg

Office for Sale
Catylist Listing ID: 30034744
Property Subtypes: Office Building
Building Size (RSF): 7,400 SF
Gross Building Area: See Agent
Sale Price: $849,000
Unit Price: $114.73 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Other
Cap Rate: 7.5%
Average Occupancy Rate: 100
Last Updated: 11/30/2017

Overview / Comments

Island of Venice Class A Professional Office Building with a 7.5 cap rate. 100% occupancy located on the south end of the Island with easy access and good visibility. 5 Updated offices with 2 national tenants. The building is in good condition with updated interior and utilities. Good easily assessable parking

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0430090005
Property Visibility: Excellent
Highway Access: Business 41 Tamiami Trail S
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,400 SF
Year Built: 1986
Year Renovated: 2010
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Colonial Red Brick
Parking Type: Surface
Total Parking Spaces: 40
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: OPI
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,684 43,501 66,229
Median Age: 63.05 60.66 60.28
Households: 3,148 22,650 33,920


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