Investment Opportunity off Clark Road

Office for Sale
Catylist Listing ID: 30770445
Property Subtypes: Business Park, Net Leased, Office Building
Building Size (RSF): 14,988 SF
Gross Building Area: See Agent
Sale Price: $2,900,000
Unit Price: $193.49 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/6/2021

Overview / Comments

Investment opportunity with huge upside potential located just off Clark Road behind the BMW dealership.

The portfolio consists of three units totaling 14,988sf of class B office space. There is currently a stable tenant in two of the units for a combined 6,096sf with 4+ years remaining on their lease. The remaining space is vacant and move-in ready, allowing for an investor to lease the space at market rate to achieve the upside potential.

Please call the agents for Financials and more information.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0000008501
Parking Type: Surface
Parking Description: Ample Parking (4 per thousand)
Zoning Description: OPI

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,593 68,301 148,593
Median Age: 48.14 49.5 49.88
Households: 2,520 31,722 68,663
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