NNN Sale Leaseback Medical Office Building

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30790592
Property Subtypes: Medical, Net Leased, Office Building
Status: Pending/Contingent
Building Size (RSF): 2,704 SF
Gross Building Area: 3,264 SF
Gross Land Area: 25,231 SF
Sale Price: $1,295,000
Unit Price: $478.92 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 7.4%
Last Updated: 9/20/2022

Overview / Comments

Sale Leaseback
684 & 676 S Indiana Avenue, Englewood, FL
Freestanding Medical Office Building in Englewood, Florida
Property comes with extra parking lot for overflow parking.
Sarasota Arthritis corporate guarantee
5 Year+ Term with options to renew
Proposed rate of $8,000.00/m + NNN + Sales Tax with Increases
Long established potential tenant
High visibility location
2 Parcels

Do not disturb occupant.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0504090034
Zoning: OPI
Property Visibility: Excellent
Total Number of Buildings: 1
Year Built: 1978
Year Renovated: 1990

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,426 17,972 33,427
Median Age: 59.33 62.81 60.64
Households: 2,381 9,542 16,924


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