North Port Office
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30794540 |
| Property Subtypes: |
Business Park, Medical, Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
2,853 SF
|
| Sale Price: |
$595,000 |
| Unit Price: |
$208.55 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Usable Size (USF): |
2,853 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/18/2022 |
Overview / Comments
A stand-alone office building located on Toledo Blade Road in North Port. Toledo Blade Professional Center is a 7.3 acre professional park located 1 mile south of the I-75 exchange. There are 20 stand-alone office building in the park with professional businesses including medical, real estate, and attorneys to name a few. There are 19,464 cars which travel by the park daily.
The 2,853 square foot building is demised into 2 units. Unit 101 is 988 square feet and has a tenant in place with who can leave with 30 days notice. Unit 102 is 1,865 square feet and is currently vacant. Unit 101 has a triple net rent at $10.38 plus $3.89 in CAM and the last tenant was paying $2,036 modified gross rent at $13.10 per square foot. Annual taxes for 2021 are $4,904.37.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0000008191 |
| Property Visibility: |
Excellent |
| Area Description: |
The property is located in the City of North Port located in Sarasota County, Florida. The population of the City of North Port is 74,793 as of 2020 which is a 30% growth over a 10 year span. The area is the spring training home of the Atlanta Braves and Wellen Park Development. When finished, Wellen Park will have 22,000 homes and more than 60,000 residence. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
2000 |
| Year Renovated: |
2005 |
| Construction/Siding: |
Block |
| Total Parking Spaces: |
14 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
34,431 |
61,318 |
| Median Age: |
37.98 |
42.73 |
| Households: |
12,615 |
23,999 |
|
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