328 N Rhodes Ave
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328 N Rhodes Ave
3,051 SF Office Building Sarasota, FL 34237 $1,179,931 CAD ($387 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Net Leased Investment
- Nicely Finished, Professional Office
- Just East of Downtown Sarasota, Minutes to I-75
- New 3 Yr Lease with long term tenant
- Located within the Fruitville Rd corridor
Executive Summary
Net Leased Investment with New 3-yr Lease with Tenant that has been in place since 2014.
3,051 SF, Nicely finished, professional office with open reception area/receptionist window, multiple private offices, conference room, two break rooms, and multiple restrooms.
Free-standing office within the professionally managed Franklin Field Business Center. Well-maintained facility with plenty of available parking.
3,051 SF, Nicely finished, professional office with open reception area/receptionist window, multiple private offices, conference room, two break rooms, and multiple restrooms.
Free-standing office within the professionally managed Franklin Field Business Center. Well-maintained facility with plenty of available parking.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
3,051 SF
Building Class
B
Year Built
2007
Price
$1,179,931 CAD
Price Per SF
$387 CAD
Cap Rate
6.25%
NOI
$73,741 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,051 SF
Building FAR
0.04
Land Acres
1.69 AC
Opportunity Zone
Yes
Zoning
OCD - City of Sarasota - The Office Community district (OCD) is a low to medium intensity office zone for property on collector and higher classified streets.
Parking
10 Spaces (3.28 Spaces per 1,000 SF Leased)
Amenities
- Reception
- Partitioned Offices
- Air Conditioning
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Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $730,518 CAD | |
Land Assessment | $0 CAD | Total Assessment | $730,518 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$730,518 CAD
Total Assessment
$730,518 CAD
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328 N Rhodes Ave
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