6,178 SF Office Building (50% Leased)

Office for Sale
Catylist Listing ID: 30120933
Property Subtypes: Office Building
Building Size (RSF): 6,178 SF
Gross Building Area: See Agent
Sale Price: $850,000
Unit Price: $137.58 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 6,178 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/22/2018

Overview / Comments

6,178 SF Professional Office Building. The building is currently 50% occupied with the balance of the building available for lease. This is a perfect situation for an Owner-Occupant to purchase the building and occupy up to 50% of the building while retaining the income from the existing tenant.

Very efficient layout provides flexibility to accommodate one tenant or multiple tenants. Windows along the exterior walls provide natural light throughout the building!

Features include:
- Multiple Private Offices
- Large Break Room
- 3 Separate Building Entrances (along the South, East and North building sides)
- Plenty of Paved Parking (with several Covered Parking Spaces along the East building side)
- LOW ELECTRIC COSTS thanks to the Rooftop Solar Panels !!!
- 3,000 SF available for lease at $13.50/SF Modified Gross

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0026010015
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1988
Parking Type: Surface
Parking Description: Paved Parking along the North and East building sides. Several covered parking spaces available along the East building side.
Zoning Description: CI - COMMERCIAL, INTENSIVE - Sarasota County
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 19 NORTHGATE CENTER UNIT 1; Parcel ID: 0026010015

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,949 69,319 182,734
Median Age: 40.36 44.33 46.55
Households: 3,896 29,988 81,412


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