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34274346
34274369

2616 BEE RIDGE RD, SARASOTA, FL 34239-6415

BW
FL SL3588056
Wisdom Capital Group
RW
FL BK3485707
Wisdom Capital Group
Listed by Wisdom Capital Group
$670,000
3 days on market
Updated 3 days ago

2616 BEE RIDGE RD SARASOTA FL 34239-6415

Details
APN 0074010108
Property Type Mixed Use
Square Footage 1,783
Units 1
Cap Rate 7.39%
NOI $49,384
Tenancy Single
Lease Type NNN
Lease Term 5
Remaining Term 5
Rent Bumps Yes
Lease Options Two five-year renewal options
Year Built 1962
Stories 1
Lot Size (SqFt) 8,807
Ground Lease No

About This Property

Marketing description

Ownership will consider offers for the portfolio in its entirety or individual property acquisitions.

The HandWorks Sale-Leaseback Portfolio presents the opportunity to acquire three medical properties leased to an established healthcare practice under a brand-new sale-leaseback structure. At closing, the tenant will execute new five-year triple net (NNN) leases on all three properties, providing investors with immediate, passive cash flow and zero landlord responsibilities.

The leases include two five-year renewal options and 2% annual rent escalations, creating consistent income growth over time. The portfolio generates approximately $133,000 in annual net operating income and is being offered at $1,800,000 representing a 7.39% capitalization rate.

HandWorks has an established operating history and intends to continue operating from these locations while ultimately pursuing a sale of the practice in the future. Given the costs associated with relocating medical practices and the potential transition to a new operator, the portfolio offers investors the opportunity for tenancy that could extend well beyond the initial five-year lease term. This combination of stable cash flow, contractual rent growth, and long-term occupancy potential makes the portfolio an attractive investment for net lease buyers seeking dependable income and future upside.

Investment highlights

Bee Ridge Road is one of Sarasota's primary commercial corridors, offering excellent access between Interstate 75, downtown Sarasota, and surrounding residential communities.

Sarasota continues to experience strong population growth and is home to an affluent, aging demographic that drives consistent demand for outpatient healthcare services.

The market is anchored by Sarasota Memorial Hospital and a robust healthcare network, making it one of Florida's premier medical real estate markets.

Listing Contacts

BW
FL SL3588056
Wisdom Capital Group
RW
FL BK3485707
Wisdom Capital Group
Listed by Wisdom Capital Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,384.00
$4,115.33/mo

Valuation Metrics

0
DSCR
7.37%
Cap Rate
7.37%
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
Brady Wisdom
License
SL3588056
Brokerage Phone
262-729-6915
Title
Fl
Name
Robert Wisdom
License
BK3485707
Brokerage
Wisdom Capital Group
Brokerage Phone
8479803670
Title
Founder
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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