Listing Summary
SVN Commercial Advisory Group is pleased to present an elite net-lease investment opportunity in the heart of Florida’s premier master-planned community.
Full Description
Lakewood Ranch Medical Office Building For Sale | Class A NNN Investment
Strategic Radiation Oncology Center Near Lakewood Ranch Medical Center
SVN Commercial Advisory Group is pleased to present an elite net-lease investment opportunity in the heart of Florida’s premier master-planned community. This Class A, 8,046 SF Medical Office Building (MOB) is fully built out as a specialized Radiation Oncology Center and operates under a hands-off, True NNN Lease structure.
Offered at a 6.5% Cap Rate, this asset features a strong, regional healthcare tenant, Advocate Radiation Oncology, generating an immediate and reliable annual Net Operating Income (NOI) of $453,418.88. With built-in annual CPI rent escalations, this property acts as an exceptional hedge against inflation in one of the fastest-growing submarkets in the United States.
Core Financial & Property Metrics:
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Asking Price: $6,975,000
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Cap Rate: 6.50%
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Annual NOI: $453,418.88
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Monthly Rent: $37,784.91
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Lease Structure: True NNN (Zero Landlord Responsibilities)
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Building Size: 8,046 SF
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Year Built: 2008 (Impeccably Maintained)
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Property Class: Class A Commercial Medical Office
Tenant Profile & Specialized Capital Improvements
The asset is occupied by Advocate Radiation Oncology, a prominent regional healthcare provider. The tenant has demonstrated an immense, long-term commitment to this specific piece of real estate through substantial, specialized capital investments.
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Lease Terms: Two (2) years remaining on the initial term with an additional five (5) year renewal option.
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Infrastructure Value: The building interior features highly specialized medical build-outs that are incredibly expensive to replicate, including two specialized radiation vaults and a dedicated CT scan room.
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Clinical Layout: Designed for high-volume, premium patient care, the facility includes a welcoming, executive-style waiting room, multiple clinical examination rooms, and private administrative offices.
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Architectural Appeal: The property boasts a striking exterior design highlighted by an elegant columned courtyard connecting the facility structures, surrounded by ample parking for patients and medical staff.
Location Highlights: The Power of Lakewood Ranch
The property is located just 1.6 miles from the Lakewood Ranch Medical Center, placing it directly within a critical healthcare ecosystem. This close proximity ensures a continuous stream of patient referrals, collaborative synergy with nearby physicians, and stable regional demand.
About the Lakewood Ranch Community:
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#1 Multi-Generational Community: Ranked as the top multi-generational community in the United States consecutively since 2018.
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Massive Footprint: Spans over 33,000 acres across Sarasota and Manatee Counties, counting more than 74,000 residents, 2,600+ business enterprises, and a thriving, walkable Main Street district.
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University Town Center (UTC) Corridor: Situated just north of University Parkway, the asset benefits from proximity to UTC—a 4-million-square-foot premier shopping, dining, and entertainment macro-destination.
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Regional Drivers: The area features the 600-acre Nathan Benderson Park (home to Olympic Team Trials and NCAA Rowing Championships) and the massive, 146,000-square-foot Mote Sea at UTC Aquarium.
Demographics Driving Healthcare Real Estate Value
Medical office buildings derive their core value from local patient demographics. The Sarasota-Manatee county line represents one of the strongest healthcare consumption profiles in the country.
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Sustained Growth: The region experiences a steady population influx averaging 1.7% annually, with Manatee County consistently ranking among the fastest-growing counties in Florida.
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Rapidly Aging Population: Over 50% of Sarasota County residents are aged 50 or older, with a local median age of 57.6. This older demographic relies heavily on specialized oncology and oncology-adjacent therapies, ensuring the long-term economic viability and necessity of this medical facility.
Investment Summary Table
| Investment Parameter |
Details & Figures |
| Asset Subtype |
Medical Office Building (Radiation Oncology) |
| Tenant |
Advocate Radiation Oncology |
| Lease Type |
True NNN (Condo Association Handles Common Area) |
| Rent Increases |
Annual CPI Adjustments |
| Hospital Proximity |
1.6 Miles to Lakewood Ranch Medical Center |
| Primary Markets |
Manatee / Sarasota County |
Quick Glance
- Listing ID:
CL-Florida-27894
- Status:
Active
- Year Build:
2008
- Building Size:
8,046 SqFt
- Lot Size:
0 Acr