Multi Tenant Office Building for Sale

Office for Sale
Catylist Listing ID: 30843960
Property Subtypes: Office Building
Building Size (RSF): 20,073 SF
Gross Building Area: See Agent
Gross Land Area: 45,125 SF
Sale Price: $1,499,000
Unit Price: $74.68 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2023

Overview / Comments

Investment Property. Multi tenant office building off Clark Road. This is a two story, 20,073 sf, building with elevator access.
Currently there are six tenants all with good term leases. Many of the tenants have been there over 5 years and have renewed there leases when come due. Ample parking is available. Conveniently located in the Palmer Ranch area adjacent to the Palmer Crossing retail complex. This is a sale of the leasehold improvements.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0095050002
Zoning: CG

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,564 60,912 137,585
Median Age: 51.23 49.6 50.79
Households: 3,055 28,315 64,003

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