3801 Bee Ridge Rd - Storefront FOR SALE


Sarasota, FL 34233- South Sarasota
$6,563,265 USD
954-296-6955
3801 Bee Ridge Rd, Sarasota, FL for Sale
$6,563,265 USD
Storefront - FOR SALE
1/31
null | 7% Cap Rate

3801 Bee Ridge Rd
Sarasota, FL 34233
South Sarasota


HIGHLIGHTS

  • 100% Leased | 7± year WALT | 17,357± SF Medical & Wellness Center
  • NNN Leases — Limited Landlord Responsibilities (Roof & Structure)
  • $2.3M Renovation in 2024 (incl. HVAC, plumbing, fire, electrical)
  • Excellent Sarasota Location — Located along a High Traffic Bee Ridge Rd (41k+ VPD), 1 block East of Beneva Rd
  • Solid Demographics — Total Population of 187,252 within 5-miles with an Avg Household Income of $111,107
  • Medical + Service Tenants | Recession-Resistant Mix

OVERVIEW

Opportunity to acquire a 17,357± SF NNN Medical & Wellness Center in Sarasota, FL, featuring excellent frontage along high-traffic Bee Ridge Rd and stabilized by a long-term lease with the anchor tenant. Centrally located near I-75, US 41, and downtown Sarasota, the property is surrounded by major hospitals, medical offices, and national retailers including Publix, McDonald’s, Walmart Neighborhood Market, HomeGoods, and Chase Bank. It benefits from direct exposure to over 41,000 vehicles per day on Bee Ridge Rd. The center is 100% leased with a weighted average lease term (WALT) of approximately 7 years. All leases are NNN, minimizing landlord responsibilities and supporting operational efficiency. The seller, who occupies approximately 50% of the property, will sign a new 10-year NNN lease at closing, providing immediate and stable cash flow. This is a rare opportunity to acquire a fully leased, healthcare-oriented retail asset anchored by an established operator, with a complementary tenant mix and future upside potential.

FOR SALE DETAILS

PRICE

$6,563,265 USD

PRICE/SF

$378 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Medical & Wellness Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

OPI

APN/PARCEL ID

0061-14-0001

ASK ABOUT THIS PROPERTY

Derrick SchroederSolid InvestmentsMore Info
954-296-6955

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Derrick SchroederSolid InvestmentsMore Info
954-296-6955

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