Modern Corporate Campus Plus Additional Development Opportunity

Office for Sale
Catylist Listing ID: 30846703
Property Subtypes: Medical, Office Building
Building Size (RSF): 23,192 SF
Gross Building Area: See Agent
Sale Price: $15,000,000
Unit Price: $646.77 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/1/2023

Overview / Comments

Iconic Sarasota Building! Recipient of the "Design Award of Excellence" from the Florida chapter of the American Institute of Architects. Features of the strikingly designed building include floor-to-ceiling windows, exposed steel, glass partitions for offices, 25 foot tall ceilings, and scenic views of mature oaks surrounding the building.
The site is located at the Southeast quadrant of the signalized intersection of Fruitville Road and McIntosh Road. Strategically located on the heavily traveled Fruitville Road just 2 miles West of I-75 and 3 miles to Downtown Sarasota, providing amazing access for employees and customers. The subject property consists of 5 parcels totaling 8.03 Acres, with a 23,192 SF modern office building set back from the busy roadway and nestled in on the heavily wooded parcel with a mature grand oak as the focal point in front of the building.
The brilliantly designed two-story office building was designed to maintain the views and natural light from the numerous large windows overlooking the beautifully landscaped grounds, creating a garden-like work setting. The setting for the glass and steel structure offers a unique clean, efficient, tranquil workspace.
Amazingly efficient layout featuring a reception area, multi-purpose/Zen room, numerous conference rooms, and large staff break room on the ground floor. The second-floor features 15 private executive offices, 6 administrative assistant stations, 2 huddle rooms, a first-class boardroom with a kitchen/bar, and the CEO’s office which is located on a bridge in the second story. The CEO’s office provides an excellent atmosphere as it is fully enclosed with glass walls offering 360-degree views.
The office building is surrounded by 6.07 acres of land prime for redevelopment. 1.9 acres located on the East side of the property and 4.17 acres located on the West side of the existing building. The 4.17 acre parcel is located at the Southeast quadrant of the signalized intersection of Fruitville Road and McIntosh Road. This is one of the last sites available for development on Fruitville Road East of I-75. The existing zoning for the additional land is RSF 4 with a future land use designation of Commercial Center.

Don’t miss out on this extremely unique opportunity to acquire a modern corporate headquarters on a site that offers extreme upside with the potential for additional development.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0045040037
Zoning: OPI
Property Visibility: Excellent
Year Built: 2004
Construction/Siding: Steel Frame
Sprinklers: Wet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,238 90,115 186,859
Median Age: 48.19 45.77 47.56
Households: 3,803 39,817 83,727
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