3201 S Tamiami Trl - Medical FOR SALE


Sarasota, FL 34239- South Sarasota | 
$7,900,000 USD
941-780-6136
3201 S Tamiami Trl, Sarasota, FL for Sale
$7,900,000 USD
Medical - FOR SALE
1/16
null | 6.22% Cap Rate

3201 S Tamiami Trl
Sarasota, FL 34239
South Sarasota


HIGHLIGHTS

  • US-41 frontage and just 1.1 miles from Sarasota Memorial Hospital. Surrounded by dense medical infrustructure and referring physicians.
  • Dedicated Pre-Op, recovery, and support zones for optimal patient flow.
  • Modern infrrastructure: Medical gas system, backup generator, overhead surgical lighting, & built in sterilization equipment.
  • Three Operating rooms and one procedure room.

OVERVIEW

Offered at $7,900,000 (6.22% cap rate), 3201 S Tamiami Trail is an 11,420 SF ambulatory surgery center with a new 10-year NNN lease running August 1, 2026 through July 31, 2036. The tenant, Sarasota Physicians Surgical Center, LLC, is 51% owned by a joint venture of AdventHealth and SCA Health (Surgical Care Affiliates), and its participating surgeons own the remaining 49%. Year-1 NOI is $491,060 ($43.00 PSF), with 2.5% annual increases and three 5-year renewal options. The tenant reimburses 100% of taxes and insurance and self-performs all maintenance, so the landlord is responsible only for the roof and structure. The property is a free-standing building on a 30,711 SF lot, zoned OPB, with direct frontage on the high-traffic US-41 corridor. It has 46 parking spaces (25 on-site plus 21 deeded). Sarasota Memorial Hospital is 1.1 miles away and Downtown Sarasota is 2 miles away, placing the property in one of Florida's most active medical submarkets. The surrounding trade area is established and affluent, with an average household income above $139,000 within one mile. The facility is laid out for patient flow and surgical efficiency. It has three fully equipped operating rooms, one procedure room, dedicated pre-op and recovery areas, and on-site sterilization, plus a medical-gas system and backup generator. A mid-century modern porte-cochère gives the building architectural distinction and provides covered patient drop-off. The center is AAAHC and Medicare certified and fully operational. Current specialties: Anesthesiology, General Surgery, Oculoplastics, Ophthalmology (Clinical and Surgical), Orthopaedics, Otolaryngology/Laryngology, Pain Medicine, and Pediatrics.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$693 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Back-ups Considered

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

OPB

APN/PARCEL ID

0057-05-0051

ASK ABOUT THIS PROPERTY

Diane Lawson, CCIMCore Commercial Group, LLC.More Info
941-780-6136

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Diane Lawson, CCIMCore Commercial Group, LLC.More Info
941-780-6136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.