Description
Located in Lakewood Ranch, Florida, this property presents an exceptional medical office investment opportunity.
The Radiation Oncology Center features a true NNN lease structure with monthly rent of $37,784.91, providing stable income with no landlord responsibilities. The occupying tenant is responsible for a portion of the building maintenance, while the condominium association maintains the remaining common areas. The property is offered at a 6% cap rate, generating $453,418.88 in annual NOI, with annual CPI rent increases built into the lease structure.
The current tenant, Advocate Radiation Oncology, has two years remaining on the existing lease term along with a five-year renewal option. The tenant has invested and continues to invest significant capital improvements into the space, demonstrating a strong commitment to long-term occupancy.
The building is well maintained and features an attractive architectural design, including a charming courtyard area between the two buildings accented by elegant columns. The interior includes a welcoming waiting room, multiple exam rooms, private offices, and a dedicated CT scan room and two radiation vaults designed to support specialized medical services.
Strategically located just 1.6 miles from Lakewood Ranch Medical Center, the property benefits from proximity to a major healthcare hub, supporting continued referral opportunities, collaboration with nearby providers, and sustained patient demand for the tenant.
Address
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Address: 8946 77TH E TERRACE
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City: Lakewood Ranch
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State/county: FL
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Zip/Postal Code: 34202
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Country: US
Details
Atualizado em maio 21, 2026 no 5:24 pm-
Property ID A4688412
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Price $6,975,000
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Property Size 8046 m²
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Land Area 0.18 m²
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Garage Size x x
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Year Built 2009
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Property Type Office, Commercial Sale
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Property Status Active, For Sale
Additional details
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Cooling Central Air
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County Manatee
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Property Type Commercial Sale
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