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26727160
26727175

3844 Bee Ridge Road, Sarasota, FL 34233

MF
FL FL SL3373336
SVN | Commercial Advisory Group Sarasota
TV
FL BK576074
SVN | Commercial Advisory Group Sarasota
Listed by SVN | Commercial Advisory Group Sarasota
$66,948,580
315 days on market
Updated 2 days ago

Southwest Florida Medical Office Portfolio

Details
Property Type Office
Sub Type Medical Office
Square Footage 164,677
NOI $4,044,718
Occupancy 93%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Buildings 9
Investment Type Net Lease

Located throughout Manatee and Sarasota Counties

Marketing description

View the Offering Memorandum here: https://drive.google.com/file/d/1mkpV2xIZLKOSiiZDAD4oZLHC3M-pIwMY/view?usp=drive_link

SVN Commercial Advisory Group is very pleased to present this 164,677 +/- square foot 9-building portfolio consisting of eight office/medical office buildings and one retail-style building that are strategically positioned along Florida’s Gulf Coast. They stretch from Ellenton in North Manatee County, through Bradenton and Sarasota, down to Venice and North Port in South Sarasota County. All properties are anchored by MaxHealth, a physician-owned primary healthcare business with over 50 locations across the state of Florida. MaxHealth offers a broad range of medical practices including general medicine, internal medicine, and geriatrics, in addition to multiple affiliated specialty practices offering cardiology, dermatology and oncology.

Each property benefits from prominent road frontage along major highways and thoroughfares throughout the North Port–Sarasota–Bradenton MSA, ensuring strong visibility, ease of access, and close proximity to area hospitals and medical centers. Five buildings in the portfolio are larger multi-tenant buildings with MaxHealth as the primary anchor, and four are single-tenant MaxHealth buildings. The entire portfolio can be purchased as a whole, or buildings may be purchased individually (with the exception of the two Cortez Road buildings that are both located on the same deeded parcel).

Over the past five plus years, this region has experienced substantial growth and development, with tens of thousands of new residential units either completed or currently under construction. This residential boom continues to drive demand for high-quality medical services and facilities.

In addition to population growth, the area’s aging population has led to a marked increase in demand for healthcare services, with the the need only expected to grow, as approximately 49.2% of the area’s residents are over the age of 55.

Several major healthcare projects are already underway to support this demand, including:

  • Sarasota Memorial Hospital – Venice Campus (opened 2021)
  • HCA Florida North River Hospital (Freestanding Emergency opening 2025)
  • BayCare Hospital Manatee (slated for opening in 2028)
  • Sarasota Memorial Hospital – North Port Campus (slated for opening in 2028)

Purchasing all or part of this medical investment opportunity in a continually expanding and aging marketplace, with MaxHealth providing a strong tenant base, will provide a tremendous return on investment for many years to come. Southwest Florida has a very strong and vibrant healthcare market coupled with low office vacancy rates, tremendous residential growth and high quality of life, making this portfolio an excellent investment opportunity beyond just the current income.

Investment highlights

  • 9-building NNN Medical Office Building (MOB) portfolio
  • Located entirely in rapidly-growing Southwest Florida
  • Mix of single-tenant and multi-tenant buildings spanning Manatee and Sarasota Counties
  • Strong Florida-centric medical group, MaxHealth, as anchor tenant, with two thirds of the overall portfolio square footage built out as medical offices
  • Average in-place term of 7.2 years with just under half of tenants having been in place for 5+ years, showing longevity and commitment
  • Purchase options include the entire portfolio or individual buildings

Listing Contacts

MF
FL FL SL3373336
SVN | Commercial Advisory Group Sarasota
TV
FL BK576074
SVN | Commercial Advisory Group Sarasota
Listed by SVN | Commercial Advisory Group Sarasota

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$4,044,718.00
$337,059.83/mo

Valuation Metrics

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DSCR
6.04%
Cap Rate
6.04%
ROI

Map

Zoning

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OPI MixedMixed UseOffice Professional And Institutional
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Matt Fenske
License
FL SL3373336
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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