Single Tenant Medical Investment

Office for Sale
Sale Pending
Catylist Listing ID: 30724042
Property Subtypes: Medical
Status: Pending
Condo? Yes
Building Size (RSF): 5,243 SF
Gross Building Area: See Agent
Sale Price: $1,750,000
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Sale/Leaseback
Cap Rate: 6.91%
Average Occupancy Rate: 100
Last Updated: 7/16/2021

Overview / Comments

Opportunity to own a medical office investment. This is a sale-leaseback to the original owner of the office-condominium. The practice is owned by a National Medical Group, GenesisCare USA of Florida, LLC.
Beautiful Building with well designed Medical Layout
Established Practice
National Credit Tenant
Great Demographics

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0000008252
Is Condo?: Yes
Zoning: OPI
Area Description: Venice is located in Sarasota County on Florida's Gulf Coast. It is located 35 minutes south of Downtown Sarasota and 1 hour 15 minutes south of Tampa International Airport. The medical condominium is located off Jacaranda Blvd., 2 miles south of the I-75 exit. The building is located just under 4 miles from Venice Regional Medical Center located on Venice Island and just under 5 miles from the new Sarasota Memorial Hospital which is scheduled to open this year.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,119 47,618 73,414
Median Age: 65.33 61.28 60.72
Households: 2,765 24,210 37,487


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.