Freestanding Medical Condo Building NNN Leaseback

Office for Sale
Catylist Listing ID: 30791671
Property Subtypes: Business Park, Medical, Net Leased, Office Building
Condo? Yes
Building Size (RSF): 1,795 SF
Gross Building Area: See Agent
Sale Price: $899,000
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 6.6%
Last Updated: 5/12/2022

Overview / Comments

Freestanding Medical Office Condominium
NNN Sale Leaseback with a very strong tenant; Sarasota Arthritis Center
Great location just off I-75 and Jacaranda Blvd in Venice, FL
High Traffic Location
Great parking availability
5 Year+ Term with options to renew
Strong potential tenant
Beginning Proposed Rental Rate: $5,000.00/m ($60,000/y) + NNN + Sales Tax

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0000008232
Is Condo?: Yes
Zoning: CHI
Year Built: 2001
Year Renovated: 2001

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,386 33,069 69,142
Median Age: 65.24 64.07 60.93
Households: 1,262 17,077 35,329

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