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Class A MOB - Venice, FL

$27/sqft/yr

435 Commercial Court, Venice, FL 34292

Active
Last Updated: 04/04/2025

6.52

Cap Rate

228,058

NOI

Details:
Cap Rate:    6.52%
NOI:    $228,058
Building Size:    18,078 sqft
Lot Area:    1.26 acres
Class:    A
Occupancy:    65%
Units:    4
Year Built:    2007
Floors:    3
Parking Spots:    74
Highlights:
  • 100% occupied, MEDICAL
  • Sarasota Memorial Hospital occupies 3rd floor
  • Sarasota Orthopedic Associates (SOA) occupies 1st floor and part of the 2nd floor
  • I-75 Visibility and Quick access
  • Two (2) Hospitals in development - Sarasota Memorial & Venice Regional (HMA), within minutes
  • 35K +/- Homes planned within 5-miles
Description:

5,554 SQFT of premium medical office space available for lease. This space includes an attractive reception area, several private offices, examination rooms, storage areas, bathrooms, and open spaces for rehabilitation services. Ideally suited for a medical group looking to establish a presence along the I-75 corridor, providing convenient access to patients in Venice and Sarasota.

I-75 exposure on the Jacaranda Interchange. Immediate area consists of 3 quality brand hotels, Wawa Gas Station, McDonald's, Cracker Barrel, various other restaurants and offices next door.

Florida Power and Light

BEG AT A POINT 639.66 FT N & 421.41 FT W OF SE COR OF SEC 3-39-19 TH 5-87-28-45-W 349.47 FT TH N-38-30-10-W 113 FT TH N-51-29-50-E 295.31 FT TH S-38-30-10-E 252.38 FT TH SLY ALG CURVE TO RIGHT

Map:
1 Space Available

Suite 300, 300, 3 Medical

Available:
Immediately
Sublease:
No
SQFT
5,554
Lease Type:
Gross
Documents:
Title
SVN - Brochure (P)
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Location
Gallery