Investment opportunity in Sarasota County with a 6.25% Cap Rate. Brand new 5- year leases for both tenants starting upon completion of buildout. Units A&B are 1,960 SF MOL and unit C is 980 SF MOL.
Rent roll and expense sheet are attached below.
Professional offices located in this complex include Millennium Physicians Group, Earth Balance, Edward Jones, and Sandy Creek Partners.
PROPERTY HIGHLIGHTS
6.25% Cap Rate
Gross income $54,880.00
Net Income $41,396.06
Unit A&B 1,960 SF MOL
Unit C 980 SF MOL
Multi-tenant investment opportunity
New 5-year leases
PROPERTY HIGHLIGHTS
-Build-to-suit building!
-Can be built out for 1-3 units.
-Professional offices off Toledo Blade Blvd.
-Perfect for an owner/user or investor
-Permits already pulled
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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