Investment Office Building Portfolio
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Investment Office Building Portfolio
6 Properties Offered at $76,811,126 in Sarasota, FL
Investment Highlights
- Assumable loan at 3.25%
- Value-add opportunities
- Excellent mix of national, regional and strong local tenants
- Well-maintained properties
- Portfolio within 1 mile radius +/
Executive Summary
This portfolio offering is comprised of nine (9) office buildings strategically located near one another in Sarasota, Florida. Each property offers exceptionally high occupancy in very well-maintained buildings and is professionally managed.
The portfolio is located in the Cattlemen Road/Fruitville Road area of Sarasota convenient to both Lakewood Ranch (~10 minutes south) and downtown Sarasota (~15 minutes east). Economically, Sarasota County is very strong; between 2010 and 2020 it grew at 14.4% while just to the north, Manatee County grew at 23.8%, both numbers well out-pacing the national average of 7.4%.
The portfolio is located in the Cattlemen Road/Fruitville Road area of Sarasota convenient to both Lakewood Ranch (~10 minutes south) and downtown Sarasota (~15 minutes east). Economically, Sarasota County is very strong; between 2010 and 2020 it grew at 14.4% while just to the north, Manatee County grew at 23.8%, both numbers well out-pacing the national average of 7.4%.
Property Facts
| Price | $76,811,126 | Status | Active |
| Price / SF | $224.77 / SF | Number of Properties | 6 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.75% | Total Building Size | 341,736 SF |
| Sale Type | Investment | Total Land Area | 30.32 AC |
| Price | $76,811,126 |
| Price / SF | $224.77 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 6.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 341,736 SF |
| Total Land Area | 30.32 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Live Oak Commerce Center 1
2251-2401 Cattlemen Rd, Sarasota, FL 34232 |
Flex | 15,516 SF | 1983 | - |
|
Live Oak Office Center
2201 Cantu Ct, Sarasota, FL 34232 |
Office | 76,198 SF | 1989 | - |
|
Live Oak Corporate Center
2601 Cattlemen Rd, Sarasota, FL 34232 |
Office | 97,592 SF | 1988 | - |
|
Sarasota Commerce Center
100 Paramount Dr, Sarasota, FL 34232 |
Office | 85,686 SF | 1991 | - |
| 2801-2817 Cattlemen Rd, Sarasota, FL 34232 | Office | 33,530 SF | 2000 | - |
|
Cattleridge Business Center
2821-2837 Cattlemen Rd, Sarasota, FL 34232 |
Office | 33,214 SF | 2000 | - |
1 of 1
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Investment Office Building Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.