NNN Investment Opportunity

Office for Sale
Catylist Listing ID: 30836226
Property Subtypes: Medical, Net Leased, Office Building
Building Size (RSF): 3,940 SF
Gross Building Area: See Agent
Sale Price: $850,000
Unit Price: $215.74 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

NNN Investment Opportunity in Prime Location! This Class A Professional Condominium is located within a three story Prime Location on Cortez Road with over 45,000 traffic count daily. Suites 301 A & B are comprised of two Tenants with a total square feet of 3,940. Both Leases have very recent commencement dates and renewal terms built in as well. Great Income with annual increases and true NNN Leases! These Professional Office Suites are on the 3rd floor with medical and professional office tenants throughout the entire building. The BMO Bank building has a building management company who handles all building maintenance items which allows this property to be a hands off investment. Great property for first time investment buyers or seasoned investors needing to add to their portfolio. Call or email for financials.


Finance Data Year 2023
Net Operating Income $51,000 (Annual)

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 5096340209

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,217 103,632 171,256
Median Age: 47.43 45.88 44.01
Households: 7,173 47,076 72,775
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