Modern Office with Efficient Layout for Owner User

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30425710
Property Subtypes: Business Park, Office Building
Status: Pending/Contingent
Condo? Yes
Building Size (RSF): 1,272 SF
Sale Price: $241,680
Property Use Type: Investment
Building Name: Osprey Executive Center
Class of Space: Class B
Usable Size (USF): 1,272 SF
Sale Terms: Cash to Seller
Cap Rate: 7.45%
Last Updated: 9/13/2019

Overview / Comments

The end cap Unit at 456 S. Tamiami Trail can be purchased as an investment with a lease to a National Credit Tenant in place. Additional unit available of the exact same size in the same building can be an investment with a lease to be negotiated or vacated for owner user. Both units are offered at $483,360.

Osprey Executive Center is located on the West side of South Tamiami Trail in Osprey. Close to Pineview School, Bay Street Development School, Wal Mart.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 0147151003
Is Condo?: Yes
Zoning: OPI
Property Located Between: Just south of Gulf Gate Area on South Tamiami Trl and Just south of Potter Park or the Oaks. Also, across the street from Walmart.
Property Visibility: Excellent
Highway Access: US-41
Airports: SRQ
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2006
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,372 28,714 50,298
Median Age: 56.91 60.29 59.26
Households: 2,464 14,432 25,609

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