8946 77th Terrace E Lakewood Ranch, FL 34202

PRICED AT $7,545,000

Listing Details

  • $7,545,000
  • MLS# A4688412
  • Type Commercial - Office
  • Status Active
  • 8,046 Square Feet
  • 0.180 acres Lot Size
  • 2009 Year Built

Description

Located in Lakewood Ranch, Florida, this property presents an exceptional medical office investment opportunity.The Radiation Oncology Center features a true NNN lease structure with monthly rent of $37,784.91, providing stable income with no landlord responsibilities. The occupying tenant is responsible for a portion of the building maintenance, while the condominium association maintains the remaining common areas. The property is offered at a 6% cap rate, generating $453,418.88 in annual NOI, with annual CPI rent increases built into the lease structure.The current tenant, Advocate Radiation Oncology, has two years remaining on the existing...read more

Features

  • Central Air
  • $23,562 Taxes
  • Built in 2009
View All Features

Contact the Listing Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Office
  • Cooling: Central Air
  • Days on Site: 31
  • Directions: From Interstate 75 and University Parkway, head East on University Parkway. Turn left at Town Center Parkway, turn left on 77th Terrace East. Turn left into the parking lot. This building is located at the back of the parking lot.
  • Exterior: Stucco
  • Flood Zone Code: X
  • Foundation: Slab
  • Home Warranty Y/N: No
  • Lot Dimensions: 0.18
  • Lot Size: 0.18 Acres
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Office
  • Sale Includes: Leases
  • Showing Instructions: Call Listing Agent
  • Special Sale Provisions: None
  • Taxes: $23,562
  • Water Access Y/N: No
  • Year Built: 2009
  • Zoning: PD-MU