5745 Rosin Way 4,488 SF Office Building Sarasota, FL 34233 $1,290,000 ($287.43/SF) 6.59% Cap Rate
INVESTMENT HIGHLIGHTS
- Rosin Way Office Park is made up of three independent buildings: situated near Clark Road and Interstate 75.
EXECUTIVE SUMMARY
One of two buildings for sale in this Office plaza. This property is currently occupied by a Daycare Facility tenant. Building two is a Professional Office tenant who has also signed a long term lease and is for sale for $750,000. Neighboring building is home to Big Brothers/Big Sisters of Suncoast. This is an exceptional opportunity to enhance your investment portfolio with an income-generating, stand-alone office building.
The office park, reminiscent of a campus, features three independent buildings, each with a single tenant, as part of a larger Land Condominium. Take ownership of a building, benefit from tenant income, and participate in the owners association fees. Ideal for investors looking for Tax-Deferred 1031 Exchanges!
The office park, reminiscent of a campus, features three independent buildings, each with a single tenant, as part of a larger Land Condominium. Take ownership of a building, benefit from tenant income, and participate in the owners association fees. Ideal for investors looking for Tax-Deferred 1031 Exchanges!
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,488 SF
Building Class
C
Year Built
2004
Price
$1,290,000
Price Per SF
$287.43
Cap Rate
6.59%
NOI
$84,975
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,488 SF
Building FAR
0.08
Lot Size
1.30 AC
Zoning
CG - Commercial General Zoning
Parking
13 Spaces (2.9 Spaces per 1,000 SF Leased)
AMENITIES
- Day Care
- Yard
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Little Scholars Pre School
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Little Scholars Pre School | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 0092-16-0004 | Improvements Assessment | $1,325,900 |
| Land Assessment | $932,500 | Total Assessment | $2,258,400 |
