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Radiation Oncology Medical Office Building
For Sale
$6,975,000

8946 77th Terrace E LAKEWOOD RANCH, Bradenton, FL 34202

Purpose-built radiation oncology space with dedicated CT scan and radiation vault rooms under a true NNN lease structure.

Property Size8,046 SF
Price / SF$866.89
Days on Market48

Property Features for 8946 77th Terrace E LAKEWOOD RANCH

General Information

Standard status Active
Size 8,046 SF
Zoning PD-MU

Additional Details

Cap Rate 6.5%

Taxes and HOA fees

Annual Taxes $23,562

Amenities

Public Records
true
8046
0.18
1
false
Asphalt
Slab
City Street

Building Details

Building Size 8,046 SF
Year Built 2009
Buildings 1
Tenancy Single
Listing Agency:
Listed By: Kylee Shaw
Source: Movetojacksonville
Added: Jul 7 Changed: Aug 21 Last Checked: Aug 22 at 3:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kylee Shaw

Investment Insights

Based on property information with market context.

This medical office property is built for specialized radiation oncology services, featuring a welcoming waiting room, multiple exam rooms, private offices, and dedicated imaging and treatment space that includes a CT scan room and two radiation vaults. The site includes a courtyard area between two buildings with an architectural column feature, and the building is described as well maintained.

Offered for sale as a true NNN investment, the lease structure assigns monthly rent responsibilities to the tenant while outlining common area maintenance support through the condominium association. The current tenant has two years remaining on the existing lease term with a five-year renewal option. The condominium association maintains the remaining common areas, while the tenant is responsible for a portion of building maintenance.

For operators and investors, the facility’s layout is tailored to radiation oncology workflows, supporting clinical use with the required exam, imaging, and treatment rooms already in place. The property benefits from proximity to a major healthcare hub, positioned approximately 1.6 miles from Lakewood Ranch Medical Center, which may support referral-based collaboration. The seller also notes annual CPI rent increases within the lease structure and ongoing tenant capital improvements to the space.

Key Highlights

  • Radiation Oncology Center in Lakewood Ranch built in 2009 with 1 building on a 0.18‑acre lot
  • True NNN lease structure with monthly rent of $37,784.91 and tenant/association split on building maintenance
  • Lease includes annual CPI rent increases; 6.5% cap rate with $453,418.88 annual NOI reported

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Bakery Plumbing Service Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,518
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34202, FL

26,797
Population
12,543
Households
2.1
Avg Household Size
54
Median Age
57%
College-Educated
97%
High-School Grad
23.1 sq mi
ZIP Area
1,160
Density / Sq Mi
$123,210
Median Household Income
$54,792
Median Earnings
$2,111
Median Rent
$620,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Purpose-built radiation oncology space with dedicated CT scan and radiation vault rooms under a true NNN lease structure.
Where is this medical office space located?
The property is located at 8946 77th Terrace E LAKEWOOD RANCH Bradenton, FL.
What is the asking price?
The asking price for this property is $6,975,000.
What are key features of this property?
This property features: Radiation Oncology Center in Lakewood Ranch built in 2009 with 1 building on a 0.18‑acre lot; True NNN lease structure with monthly rent of $37,784.91 and tenant/association split on building maintenance; Lease includes annual CPI rent increases; 6.5% cap rate with $453,418.88 annual NOI reported
More about this property
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