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5104 Lockwood Ridge Rd
Sarasota, FL 34234 North Sarasota

$2,700,000 USD

Office For Sale  •  16,278 SF

Property Details

  • Property Type Office
  • Total Building Size 16,278 SF
  • Lot Size 2.48 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 7.65 %
  • Tenancy Multiple
  • Zoning OPI
0 Transit Score
14 Walk Score

Highlights

Fully Leased. Room for income growth when some leases reach maturity. Building in excellent condition.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $187,863 USD (2023)
Cap Rate: 7.65 %
Total Expenses: $115,697 USD

Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Signage
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 12 min - 5.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 130
Type: Surface
Included in Rent: Yes
Michael Hollander 941-404-9850 Hembree & Associates, Inc.
Michael Hollander 941-404-9850 Hembree & Associates, Inc.