Lakeview Park Office Condos in Venice
Office
for Sale
| Catylist Listing ID: |
30651002 |
| Property Subtypes: |
Business Park, Office Building
|
| Building Size (RSF): |
3,201 SF
|
| Sale Price: |
$499,000 |
| Unit Price: |
$155.89 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Lakeview Office Park |
| Class of Space: |
Class B |
| Usable Size (USF): |
3,201 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
5.02% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
10/21/2020 |
Overview / Comments
Office condos located in the Lakeview Office Park in Venice. Lakeview Office Park is a well established office and professional park located just off the I-75 and Jacaranda Interchange.
This light and bright double unit office condo is currently used for a children's therapy practice and was originally two separate office condos that have been combined. The offices feature a main entrance with reception, waiting area and an administrations office. In addition there are seven therapy rooms, two large open rooms for play therapy, two kitchenettes, three restrooms, storage and IT.
Tenant is on a month to month lease so the office condos may suit an owner/user. An Investor may have a "value added" opportunity to negotiate a new lease with current tenant. 5.02% Cap Rate
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Taxing Authority: |
Sarasota County |
| Tax ID/APN: |
0000008257 |
| Zoning: |
CHI |
| Property Located Between: |
I-75 and US 41 |
| Property Visibility: |
Good |
| Highway Access: |
Interstate 75
Jacaranda Blvd. |
| Site Description: |
Established office park |
| Area Description: |
Highway Interchange exit featuring a variety of gas stations, convenience stores, restaurants and business park |
| Number of Stories: |
1 |
| Year Built: |
2002 |
| Year Renovated: |
2018 |
| Construction/Siding: |
Stucco |
| Parking Type: |
Surface |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Zoning Description: |
Commercial Highway Interchange |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
UNIT C L.V.O.P. 6
UNIT D L.V.O.P. 6 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,386 |
32,309 |
67,538 |
| Median Age: |
65.24 |
64.49 |
61.29 |
| Households: |
1,262 |
16,734 |
34,650 |
|
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