Medical Office Investment Property

Highlights:

• New 5-Year NNN lease with Pediatrica Health
• Great location near Downtown core
• Ample parking on site and great visibility
• Easily accessible via Mound St. or Hudson Pt. Dr.

Description:

This 3,920 SF building at 1666 Mound St, Sarasota, FL, 34236 is an enticing prospect for Office / Medical investors, especially with the recent merger of Meyer Pediatrics (the longstanding previous tenant) with Pediatrica Health of Florida, along with the recent signing of a favorable triple-net lease by Pediatrica Health. Built in 1996 and zoned OPB-1, this property offers flexibility and prime positioning in the Downtown area. Designed for a single tenant and with a 100% occupancy rate, it presents a lucrative investment opportunity with immediate income potential. The successful acquisition and the leasing agreement with Pediatrica Health underscore the property's appeal and potential for sustained growth in the dynamic Sarasota market.

Nestled just outside the bustling downtown core and near the picturesque bayfront, Selby Gardens, Sarasota Memorial Hospital, and the Hillview neighborhood, the property at 1666 Mound St, Sarasota, FL, 34236 enjoys a prime location with easy access to the city's vibrant center. This strategic positioning offers the best of both worlds, providing an affluent yet tranquil residential neighborhood to the south while maintaining close proximity to the dynamic pulse of downtown Sarasota. It provides great visibility and exposure along Mound Street which boasts an impressive traffic count of 19,600 cars per day at the nearest intersection and is easily accessible via both sides of Mound Street since there is a left turn lane. The location is ideal for professional and medical office space since it provides a harmonious blend of urban connectivity and scenic waterfront charm.

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