11
  • Property Type
  • Office, Commercial Sale
  • 8046 Sqft
  • Area Size

8946 77TH E TERRACE, Lakewood Ranch, FL 34202

  • $6,975,000
  • $7,545,000

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: 8946 77TH E TERRACE
  • City: Lakewood Ranch
  • State/county: FL
  • Zip/Postal Code: 34202
  • Country: US

Details

Atualizado em maio 21, 2026 no 5:24 pm
  • Property ID A4688412
  • Price $6,975,000
  • Property Size 8046 m²
  • Land Area 0.18 m²
  • Garage Size x x
  • Year Built 2009
  • Property Type Office, Commercial Sale
  • Property Status Active, For Sale

Additional details

  • Cooling Central Air
  • County Manatee
  • Property Type Commercial Sale

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