NNN Single Tenant Medical Office Investment Opportunity

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:

• Asking Price: $6,975,000

• Cap Rate: 6.50%

• Annual NOI: $453,418.88

• Monthly Rent: $37,784.91

• Lease Structure: True NNN (Zero Landlord Responsibilities)

• Building Size: 8,046 SF

• Year Built: 2008 (Impeccably Maintained)

• 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.

• Lease Terms: Two (2) years remaining on the initial term with an additional five (5) year renewal option.

• 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.

• 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.

• 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:

• #1 Multi-Generational Community: Ranked as the top multi-generational community in the United States consecutively since 2018.

• 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.

• 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.

• 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.

• 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.

• 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