8946 77TH TERRACE E, Lakewood Ranch, FL 34202

This property is a radiation oncology medical office facility configured for specialized care, with a welcoming waiting room, multiple exam rooms, private offices, and dedicated imaging and treatment areas. Interior features include a dedicated CT scan room and two radiation vaults designed to support radiation oncology services. The site includes an attractive courtyard area between two buildings, accented by elegant columns, and the building is described as well maintained.

The offering is located in Lakewood Ranch, Florida, and is positioned approximately 1.6 miles from Lakewood Ranch Medical Center. The lease structure is described as a true NNN model, with the tenant responsible for a portion of building maintenance while the condominium association maintains remaining common areas.

The property is offered for sale with monthly rent of $37,784.91, and annual CPI rent increases built into the lease structure as described in the materials. The current tenant, Advocate Radiation Oncology, has two years remaining on the existing lease term, with a five-year renewal option. The lease is described as having a true NNN structure with no landlord responsibilities, and the tenant is noted to be investing in capital improvements into the space. Annual NOI and cap rate are provided in the offering materials for underwriting reference.