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Property profile & analytics
FOR LEASE
Office buildings

5831 Bee Ridge Rd Sarasota, FL 34232

42,726 SF 3.03 ac lot Built 2000
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US18-4336336
Property summary
AI-generated overview

This exceptional Class A medical office building, located on the Doctor's Hospital campus, offers 42,726 square feet of space across three stories. The building features multiple tenancies, with individual suites ranging from 1,430 to 7,676 contiguous square feet, providing flexibility for various medical practices. The property boasts a substantial 131,790 square foot lot and includes elevators for convenient access to all floors. Its prime location on the campus of a 155-bed acute care hospital provides immediate access to a large pool of potential patients and colleagues. The hospital boasts 550 physicians and a 24/7 emergency room, ensuring a constant flow of referrals and a vibrant medical community. Current occupants include Choice Diagnostic Imaging, Sforzo Dillingham Stewart Orthopedics, Neurosurgery & Spine Specialists, and other established medical professionals. The building is zoned CHI and has an APN of 0065150007. Tenant improvement allowances are negotiable, allowing for customization to suit specific practice needs. This is a rare opportunity to establish or expand a medical practice in a highly desirable and established medical environment. Contact us today to learn more about the available spaces and leasing options.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,726 SF
Lot 3.03 ac (131,790 SF)
Zoning code CHI
APN 0065-15-0007
UPID US18-4336336
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • maxfield medical building Medical Clinic
  • Jill R. Garrett, ARNP Medical Clinic
  • Christopher R Sforzo, MD Physician
  • Christopher L. Dillingham, MD Physician
  • University Surgery Center Sarasota, FL Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.23M
Comparable Approach Comparable
$16.11M
Blend (final) Blend
$13.53M
Owner & transaction history
G Saraso · 15 yrs held
G Saraso
since 2011
3 recorded transactions
2011
$7.2M
1993
Price N/A
1969
Price N/A
Zoning & alternative use
CHI · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $18.8M +47.6%
Retail stores $16.9M +32.6%
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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