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    Fully Leased Office Investment Opportunity Title is generated by Realmo AI

    72 SARASOTA CENTER BOULEVARD #72, Sarasota, FL 34240

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    For Sale
    $550,000

    Turnkey office suites near Waterside Lakewood Ranch, fully leased.

    Type:Commercial
    Property size:
    2,102 SF
    Lot size:
    1.01 Acres
    Price / SF:
    $261/SF
    Added:
    Jun 20, 2025
    Days on Market:
    379
    Last Refresh:
    May 10 at 9:45 pm

    Property Features for 72 SARASOTA CENTER BOULEVARD #72

    General Information

    Standard status
    Active
    Size
    2,102 SF
    Lot size
    1.01 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2003

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    ABIGAIL ALTIER
    ABIGAIL ALTIER

    Listing office ALTIER & COMPANY

    Listing date Jun 20, 2025

    Source Corcoran

    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 ALTIER & COMPANY

    HighLights

    • Fully leased office suites providing immediate and steady rental income.
    • Prime location minutes from Waterside Lakewood Ranch in a growing Sarasota market.
    • Turnkey investment property with all leases in place and conveying at sale.
    • Shared amenities include a conference room, oversized break room/kitchen, and common work area.
    • Well‑maintained professional office space.
    • Six private office suites within a larger executive suite.

    Overview

    This is an exceptional office investment opportunity located minutes from Waterside Lakewood Ranch. The property features a well-maintained professional office space comprising six fully leased private office suites within a larger executive suite. The property provides immediate and consistent income. Tenants benefit from shared access to a welcoming lobby entry, a conference room, an oversized break room and kitchen, two restrooms, and a spacious common work area. All leases are currently in place and will convey with the sale. The property size is 2102 square feet. This turnkey property is suited for investors seeking reliable rental income in the growing Sarasota market.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $48.4k $23.04
    − Vacancy −$2.7k −$1.27
    EGI $45.8k $21.77
    − OpEx −$11.4k −$5.44
    NOI $34.3k $16.33
    2,102 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $490.4K
    $429.1K – $572.1K (±1% cap)
    NOI $34,325 @ 7.0% cap · market cap 6.24%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $618.1K
    $540.9K – $721.2K (±1% cap)
    NOI $43,269 @ 7.0% cap · market cap 7.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dan Stenham - Union ... Loan Service SkyBridge Bookkeeping LLC Accounting Firm Mortgages with Daniel ... Loan Service Enjoy Waxing Spa & Massage Center All Point POS Corporate Office

    Suggested Use

    Restaurant Auto Parts Store Pharmacy Hair Salon Law Firm Storage Facility Dental Office Computer & Electronic Repair Bakery (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.4072
    Latitude
    27.3406

    FAQs

    What type of property is this?
    Office units - Turnkey office suites near Waterside Lakewood Ranch, fully leased.
    Where is this office units located?
    The property is located at 72 SARASOTA CENTER BOULEVARD #72 Sarasota, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Fully leased office suites providing immediate and steady rental income.; Prime location minutes from Waterside Lakewood Ranch in a growing Sarasota market.; Turnkey investment property with all leases in place and conveying at sale.
    More about this property
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