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.