For Sale
$1,700,000

1100 Tamiami TrlVenice, FL 34285

Fully Leased, High NOI, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,518 square foot Class B office building, located at 1100 South Tamiami Trail in Venice, Florida, presents a compelling investment opportunity. Currently operating at 100% occupancy with five tenants, the property boasts a strong net operating income (NOI) of $92,613, yielding a 5.45% cap rate. The asking price is $1,700,000. Situated in a prime location near Venice Avenue, this traditional office building offers convenient access to the vibrant activity center of Venice, approximately two miles away. Its strategic placement also provides the added benefit of being within walking distance of the Venice Municipal Airport. The property's strong tenant base and high occupancy rate ensure a stable and reliable income stream, making it an attractive proposition for discerning investors seeking a well-established and profitable commercial real estate asset in the desirable Venice, Florida market. The building's location in Sarasota County, Florida, with a zip code of 34285, offers easy access to local amenities and transportation networks. This fully leased office building represents a rare opportunity to acquire a high-performing asset in a thriving market.

Highlights

  • 7,518 SF Class B office building in Venice, FL, offering a 5.45% cap rate.
  • 100% occupancy with five tenants, generating a $92,613 NOI.
  • Asking price: $1,700,000.
  • Prime location near Venice Avenue and Venice Municipal Airport.
  • Located in Sarasota County, FL (zip code 34285).

Property Details for 1100 Tamiami Trl

Property type
Office properties
Square Feet
7,518 SF
Class
B

Location Insight

City
Venice
County
Sarasota
State
Florida
Latitude
27.0821983
Longitude
-82.4357744
1100 Tamiami Trl, Venice, Florida

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1100 Tamiami Trl
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