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772 Cortaro Dr 10,888 SF 100% Leased Office Building Sun City Center, FL 33573 $4,250,000 ($390.34/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- space available for 2-3 tenants with 40+ parking spaces
- No more than 5 mile radius to HCA Florid S. Shore Hospital
- layout includes private offices and reception; 8 exam rooms
- Close proximity to Apollo Beach
EXECUTIVE SUMMARY
Introducing a prestigious commercial medical, multi-use building nestled on 2 acres of prime real estate. Boasting a grand total square footage of 10,584 square feet, this state of the art offers a premium health care experience like no other. Upon entering, guests are greeted by a luxurious and expansive lobby that exudes elegance and comfort for your clientele. The building features 8 well equipped exam rooms designed to cater to the needs of patients and medical professionals alike, a main patient reception desk, and a second reception desk in the back of the building for seamless patient check ins and care, and a host of modern amenities to enhance operational efficiency. The building also provides an exclusive ENT facility for specialized treatments, equipped with treatment rooms and staffing offices. The building is equipped with a large conference room for meetings and presentations, an elevator for easy access for the building, as well as a flight of stairs, also building possesses 2 breakrooms and a multitude of waiting rooms and offices. Additionally, this building accommodates an esteemed accounting firm on the 2nd floor, ensuring a diverse and dynamic professional environment. The layout includes private offices, reception station. With its strategic location and premium facilities, this commercial medical building offers unique opportunity for healthcare professionals and businesses to thrive in a sophistication and productive setting. Experience the epitome of excellence in healthcare infrastructure at this exceptional property.Offered at $4,250,000, this 11,000 SF purpose-built medical office building in Sun City, FL is 80% occupied by established medical tenants on NNN leases generating approximately $200,000 in annual leasing income.
Built in 2003 and designed for healthcare users, the property offers excellent patient access, strong area demographics, and ±50 onsite parking spaces (±4.5/1,000 SF).
The remaining ±2,200 SF provides an outstanding opportunity for an owner-user practice to occupy space while benefiting from rental income, qualifying the asset for SBA 504 or 7(a) financing.
Property Highlights
11,000 SF multi-tenant medical building
±50 parking spaces
Built 2002 — modern systems & layout
80% occupied by healthcare tenants
NNN leases producing approx. $200,000 NOI
Ideal for investor or owner-user
Located in one of the region’s strongest senior-care markets. A rare chance to acquire a stabilized medical office asset with income security and owner-user flexibility in a high-demand healthcare market.
Built in 2003 and designed for healthcare users, the property offers excellent patient access, strong area demographics, and ±50 onsite parking spaces (±4.5/1,000 SF).
The remaining ±2,200 SF provides an outstanding opportunity for an owner-user practice to occupy space while benefiting from rental income, qualifying the asset for SBA 504 or 7(a) financing.
Property Highlights
11,000 SF multi-tenant medical building
±50 parking spaces
Built 2002 — modern systems & layout
80% occupied by healthcare tenants
NNN leases producing approx. $200,000 NOI
Ideal for investor or owner-user
Located in one of the region’s strongest senior-care markets. A rare chance to acquire a stabilized medical office asset with income security and owner-user flexibility in a high-demand healthcare market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
10,888 SF
Building Class
B
Year Built
2003
Price
$4,250,000
Price Per SF
$390.34
Cap Rate
5%
NOI
$212,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,379 SF
Building FAR
0.16
Lot Size
1.57 AC
Zoning
PD-MU - Planned development
Parking
40 Spaces (3.78 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Direct Elevator Exposure
- Air Conditioning
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,843,443 | |
| Land Assessment | $936,057 | Total Assessment | $2,779,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$936,057
Improvements Assessment
$1,843,443
Total Assessment
$2,779,500
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772 Cortaro Dr
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