Listed by SVN | Commercial Advisory Group, SVN | Commercial Advisory Group Sarasota
$1,299,000
Lakeside Medical Center
Details
Property Type Office
Sub Type Medical Office
Square Footage 5,243
Units 1
Cap Rate 3.57%
NOI $46,370
Class B
Year Built 2002
Lot Size (SqFt) 241,800
Turnkey medical office in thriving Venice market—14 exam rooms, flexible lease terms, strong NOI.
Marketing description
Looking to Expand Your Medical Office Space? Do You Need Some Time to Make Your Move? the Seller's Current Lease Expires December 31st, 2027. the Seller Can Be Flexible With the Buyer's Timeline With the Current Lease Termination. It Can Be Available for Occupancy as Soon as Sept 2026. Seller Will Consider Offers!!! Contact Brad Lindberg for All Inquiries. 941-356-0338
Discover the Vibrant Venice / North Port Market, a Dynamic Area Known for Strong Economic Growth and a Thriving Business Community. Strategically Located Near the Bustling Downtown District, Pristine Gulf Beaches, and Popular Dining and Entertainment Destinations, This Location Offers an Exceptional Setting for Businesses Looking to Establish a Long-term Home.
With Convenient Access to Major Transportation Routes and a Skilled, Growing Workforce, the Area Provides Both Visibility and Accessibility - Key Advantages for Companies Seeking to Own and Operate From Their Own Facility. Whether Expanding, Relocating, or Transitioning From Leasing to Ownership, This Property Presents an Opportunity to Invest in Your Business’s Future While Benefiting From the Region’s Continued Upward Trajectory.
Position Your Company at the Forefront of One of Southwest Florida’s Most Active and Desirable Markets.
Investment highlights
- Attractive medical office in medical complex
- Abundant parking
- 2nd floor office adjacent to the elevator
- 14 exam rooms. 3 of the exam rooms are used as offices
- Conference room, kitchen and lab
- Storage room
- 3 bathrooms (2 staff and 1 in lobby)
- New flooring and paint
- Covered drop-off area
Listing Contacts
Listed by SVN | Commercial Advisory Group, SVN | Commercial Advisory Group Sarasota
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,370.00
$3,864.17/mo
Valuation Metrics
0
DSCR
3.57%
Cap Rate
3.57%
ROI
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