Listed by Ripco Real Estate
$2,075,000
2816 Manatee Avenue West
Details
Property Type Office
Sub Type Medical Office
Square Footage 4,390
Net Rentable (SqFt) 4,390
Units 1
Cap Rate 6.00%
NOI $124,548
Occupancy 100%
Tenancy Single
Brand/Tenant AMA Health Providers
Lease Type NNN
Lease Expiration 08/31/2030
Rent Bumps Yes
Pro-Forma Cap Rate 6.12%
Pro-Forma NOI $127,038
Price per SqFt $473
Class A
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 09/01/2023
Office | 6.00% CAP | 4,390 SqFt
Marketing description
This medical suite is currently income producing on a longer-term lease; however, the existing tenant is open to vacating upon sale. This Class A medical office has high-end finishes, 7 exam rooms, 2 treatment rooms, and large executive offices making it well suited for a medical practice seeking a turnkey location. Exceptional road frontage on Manatee Avenue provides 'in-place advertising,' ensuring maximum practice exposure and ease of access for patients.
Investment highlights
- Class A Single Tenant Medical Office Investment or Owner-User Opportunity
- Currently income producing on a longer-term lease; existing tenant is open to vacating upon sale
- High-end finishes, 7 exam rooms, 2 treatment rooms, and large executive offices
- Exceptional road frontage on Manatee Avenue (44,000 AADT) providing 'in-place advertising'
- NNN lease with AMA Health Providers through 8/31/2030
- Rent increase scheduled Aug-2027
- 100% occupancy
- Asking Price $2,075,000 | CAP Rate 6.00% | NOI $124,548
Listing Contacts
Listed by Ripco Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$124,548.00
$10,379.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
UCC CommercialSpecial CommercialUrban Commercial Corridor
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View all 72 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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