PropLogix Building

Office for Sale
Sale Pending
Catylist Listing ID: 30836215
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 44,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.67 Acres
Sale Price: $16,900,000
Unit Price: $384.09 PSF
Property Use Type: Investment
Class of Space: Class A
Usable Size (USF): 37,762 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Unique opportunity to purchase a modern 44,000 SF corporate of?ce building near Lakewood Ranch. This vibrant building is conveniently located just off of University Parkway, less than one mile from I-75. This is a true Class-A of?ce asset with highly sought after amenities. It is next to the popular Whole Foods plaza, with quick access to University Town Center Mall, which includes many well-known restaurants and is only a 15-minute drive to beautiful Downtown Sarasota.

Along with its contemporary style, features include a spacious and modern kitchen built for entertaining which opens up to a lounge area and extensive game room. Tenant amenities also include a relaxing outdoor space. As a unique business campus, the tenants include a childcare center, as well as medical and dental of?ces. You will also ?nd Tesla super-charger stations within steps from the property. The building comes equipped with a highly ef?cient Trane chiller system which allows enhanced user control of the air conditioning.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 0016012002
Zoning: CG
Property Visibility: Excellent
Area Description: Property is located .85 mile from I-75, just south of University Parkway behind Whole Foods development. Easy access to restaurants, hotels, shopping, and housing are found within minutes. Building sits next to the trendy University Town Center and the entrance of the highest rated multi-generational master-planned community in the country, Lakewood Ranch. Geographically this is the epicenter of growth & development in southwest Florida.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2009

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,228 62,288 134,488
Median Age: 58.14 50.75 47.1
Households: 725 28,920 58,878
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