$6,440,000
( $800.40Per Sq Foot )
 $34,571 est/mo Sourced by Back At You

8946 77th Ter E,LAKEWOOD RANCH, FL 34202

LAKEWOOD RANCH, FL 34202

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Description

Located in Lakewood Ranch, Florida, this property presents an exceptional medical office investment opportunity. The Radiation Oncology Center features a true NNN lease structure with monthly rent of $38,918.45, providing stable income with no landlord responsibilities. The occupying tenant is responsible for a portion of the building maintenance, while the condominium association maintains the remaining common areas. The property is offered at a 7.25% cap rate, generating $467,021.45 in annual NOI, with annual CPI rent increases built into the lease structure. The current tenant, Advocate Radiation Oncology, has two years remaining on the existing lease term along with a five-year renewal option. The tenant has invested and continues to invest significant capital improvements into the space, demonstrating a strong commitment to long-term occupancy. The building is well maintained and features an attractive architectural design, including a charming courtyard area between the two buildings accented by elegant columns. The interior includes a welcoming waiting room, multiple exam rooms, private offices, and a dedicated CT scan room and two radiation vaults designed to support specialized medical services. Strategically located just 1.6 miles from Lakewood Ranch Medical Center, the property benefits from proximity to a major healthcare hub, supporting continued referral opportunities, collaboration with nearby providers, and sustained patient demand for the tenant.

Details

MLS #A4688412
Listing TypeFor Sale
StyleOffice
Sub-TypeFor-sale
StatusActive
Year2009
Days On Site194
Listing Provided BySVN COMMERCIAL ADVISORY GROUP | Tony Veldkamp, CCIM

Features

SQ Feet8,046
ZoningPD-MU
Acreage0.18

Taxes

Property23562

Area Information

StateFL
CountyManatee
CityLAKEWOOD RANCH
Zip Code34202
Area34202 Bradenton | Lakewood Ranch | Lakewood Rch
Community NamePROFESSIONAL CENTER AT LAKEWOOD R 8, 9&10
Listing VS Median (in PROFESSIONAL CENTER AT LAKEWOOD R 8, 9&10)
Price:
$6,440,000
low | high
Med:
$0
On site:
194
low | high
Med:
Sourced by Back At You

Market Activity 34202

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 12, 2026 at 12:42:07 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyManatee
CityLAKEWOOD RANCH
Zip Code34202
Area34202 Bradenton | Lakewood Ranch | Lakewood Rch
Community NamePROFESSIONAL CENTER AT LAKEWOOD R 8, 9&10
Listing VS Median (in PROFESSIONAL CENTER AT LAKEWOOD R 8, 9&10)
Price:
$6,440,000
low | high
Med:
$0
On site:
194
low | high
Med:
Sourced by Back At You
Listing Updated: September 29, 2026 at 7:02:58 AM PDT