72 SARASOTA CENTER BOULEVARD #72, Sarasota, FL 34240
Turnkey office suites near Waterside Lakewood Ranch, fully leased.
- 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
Listing office ALTIER & COMPANY (941) 713-1933
Listing date Jun 20, 2025
Source Corcoran
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.4072
- Latitude
- 27.3406