For Sale
$2,695,000

5310 Clark Rd Sarasota, FL 34233

High-yield Sarasota medical office building.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Class A medical office building presents a compelling investment opportunity. Located at 5310 Clark Rd, Sarasota, FL 34233, this 20,040 square foot property boasts 9 units and is currently operating at 100% occupancy with strong medical tenants. Built in 2003, the building sits on a 49,358 square foot lot and is zoned CG. The property enjoys excellent visibility on Clark Road and benefits from a long-term land lease. The strong financial performance is highlighted by a Net Operating Income (NOI) of $277,099 and a compelling 10.28% capitalization rate. The asking price is $2,695,000. This represents a stable, high-performing asset in a thriving Sarasota market, offering significant potential for long-term success. The property's prime location within the Tampa Bay area further enhances its investment appeal. This is a rare opportunity to acquire a fully occupied, high-quality medical office building with a proven track record of success.

Highlights

  • 20,040 SF Class A medical office building with 9 units.
  • Built in 2003, CG zoning.
  • Prime Tampa Bay area location at 5310 Clark Rd, Sarasota, FL 34233.
  • 100% occupancy with strong medical tenants.
  • Excellent visibility on Clark Road.
  • Long-term land lease.

Property Details for 5310 Clark Rd

Property type
Office properties, Medical offices
Square Feet
20,040 SF
Class
A
Year Built
2003
Units
9

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2678601
Longitude
-82.4639465

FAQs

What type of property is this?
Office property - High-yield Sarasota medical office building.
Where is the office property located?
The property is located at 5310 Clark Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: 20,040 SF Class A medical office building with 9 units.; Built in 2003, CG zoning.; Prime Tampa Bay area location at 5310 Clark Rd, Sarasota, FL 34233.
How can I contact the broker?
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5310 Clark Rd
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