Mediterranea Professional Park
$4,564,000
602-698 S. Tamiami Trail, Osprey, FL 34229
37,575 sqft
Building Size
4.09 acres
Lot Area
Details:
Description:
Mediterranea Professional Park, a 37,575 square foot, 6-building office park in Osprey, Sarasota County, FL.
The asset consists of four (4) single story buildings and two (2) two story buildings, plus an undeveloped pad that is approved for a third, two-story, 9,756 SF building.
Mediterranea Professional Park is 97% leased to 21 tenants that include a mix of professional and government services, including medical, health and wellness, law,
financial services, and insurance.
Mediterranea Professional Park serves the office needs of professionals serving the markets located between Sarasota and Venice, that include the affluent neighborhoods of Palmer Ranch, The Oaks, South Bay, Sorrento Shores and Casey Key. Under long-term local ownership, the park has been well maintained and tenant relationships are strong.
The asset offers current cash flow with upside opportunity through below-market rents and the potential to construct an additional building.
Office park located on South Tamiami Trail in Osprey within the Sarasota MSA, between Sarasota and Venice.
Location
Gallery
