9015 Town Center Parkway

Office for Sale
Catylist Listing ID: 30717623
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 16,846 SF
Gross Building Area: See Agent
Sale Price: $3,550,000
Unit Price: $210.73 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

First time available for purchase! This office condo complex was built by the sellers in 2003 and has been maintained by the builder. It is 100% leased. Short term leases allow for future leases under new ownership or buyer to move into part of the building and earn income from other units.

* 15,886 SF (not including walkways), one-story, three buildings under one roof.
* Built in 2003 by Seller.
* Construction is reinforced masonry with wood trussed roof, tile roof, fully sprinklered.
* 81 parking spaces (5.78/1,000 SF)
* Declaration of Condominium has been done for the units.
* 0% vacancy
* NOI $271,226
* Sale price $3,550,000
* 7.6% cap rate
* Financials and rent roll available with signed Confidentiality Agreement
* 2% Co-Broke

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 587920009
Zoning: PLANNED DEVELOPMENT MIXED USE
Number of Stories: 1
Year Built: 2003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,626 40,777 111,595
Median Age: 42.45 52.38 48.19
Households: 1,591 18,748 49,059

Contact

Photograph of Listing Agent

Amy Lyon MacDougall

IAN BLACK REAL ESTATE LLC MFCRE Member
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