Listed by SVN | Commercial Advisory Group
$925,000
900 Pine Street
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,941
Units 2
Cap Rate 8.50%
Tenancy Multi
Class A
Investment Type Stabilized
Office | 8.50% CAP | 3,941 SqFt
Marketing description
900 Pine Street is a fully leased office condominium investment in Englewood, made up of Units 111A and 111B at the Lemon Bay Professional Center, roughly 3,941 rentable square feet total. The space is 100% occupied by Paradise Wellness and Recovery under a new 86-month gross lease that commenced in May 2026, with 3% annual rent escalations built in. The lease is backed by a personal guaranty and carries two five-year renewal options, giving an owner long-term, growing income with limited turnover risk. The gross structure keeps it simple for the tenant while the in-place rent steps up every year. A turnkey, passive holding for an investor looking for stabilized cash flow in a growing Gulf Coast submarket.
Investment highlights
- 100% leased single-tenant office condo, approximately 3,941 SF (Units 111A and 111B)
- New 86-month gross lease commencing May 2026, running through mid-2033
- 3% annual rent escalations for built-in income growth
- Two additional five-year renewal options, up to roughly 17 years of total term
- In-place rent of $113,619 in year one, escalating to $135,667 by year seven
- Lemon Bay Professional Center, Englewood, Charlotte County
Listing Contacts
Listed by SVN | Commercial Advisory Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Name
License
Brokerage
Is there information that looks off?
