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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.

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
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2030-13-2013
  • 2030-13-2014
  • 2030-13-2015
Land Assessment
$0 CAD
Improvements Assessment
$730,518 CAD
Total Assessment
$730,518 CAD
  • Listing ID: 32930990

  • Date on Market: 2024-08-23

  • Last Updated:

  • Address: 328 N Rhodes Ave, Sarasota, FL 34237

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