For Sale
$1,150,000

2020 Cattlemen RdSarasota, FL 34232

Fully Leased Medical Office in Sarasota, FL

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,626 square foot medical office building, located at 2020 Cattlemen Road in Sarasota, Florida, presents a compelling investment opportunity. Built in 2005, this Class B property boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $55,000 and a 4.78% capitalization rate. The asking price is $1,150,000, translating to $330.94 per square foot. Situated on a 1.66-acre lot, the single-story building features one unit and is zoned OPI. The property's prime location offers excellent visibility and signage opportunities on Cattlemen Road. This fully leased asset is an ideal investment for those seeking a stable, high-performing medical office property. The property consists of two distinct suites (Suite 300 & 400) sharing a common lobby and entrance. Potential buyers should allow 24-hour notice for showings due to tenant occupancy. The property's strong financial performance and desirable location make it an excellent investment prospect. The Sarasota County address and zip code are 34232. The property's APN is 0000008366.

Highlights

  • 3,626 SF medical office building in Sarasota, FL, built in 2005.
  • 100% occupancy, generating $55,000 NOI and a 4.78% cap rate.
  • Asking price: $1,150,000 ($330.94/SF).
  • Located on a 1.66-acre lot at 2020 Cattlemen Road, Sarasota, FL 34232 (APN: 0000008366).
  • Single-story building with two suites (300 & 400) and OPI zoning.
  • Excellent visibility and signage on Cattlemen Road.

Property Details for 2020 Cattlemen Rd

Property type
Office properties, Medical offices
Square Feet
3,626 SF
Class
B
Year Built
2005
Buildings
1
Stories
1
Lot Size (sq. ft)
72,310 SF
Units
1

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.3148692
Longitude
-82.4519977
2020 Cattlemen Rd, Sarasota, Florida

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2020 Cattlemen Rd
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