USAFLLakewood RanchProfessional Center at Lakewood R 8, 9&108946 77Th Ter E
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$7,545,000

For Sale

A month ago

8946 77Th Ter E, Lakewood Ranch, FL

House

MLS® A4688412

0 Bed

0 Bath

8046 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 8046 sqft
Garage 
Taxes $23,562
Days Active 42
Lot Size 
Approx. Age 2009
Avg. Price Per Sqft $937
MLS® Number A4688412

Property Address: 8946 77th Ter E, Lakewood Ranch, FL, 34202-6421

Average square foot calculated using Size range provided by listing agent.

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 $37, 784.91, 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 6% cap rate, generating $453, 418.88 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.
MLS® NumberA4688412
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2009
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$7,545,000List Price
  • Commute

Commute

Starting Address
Destination Address
8946 77Th Ter E, Lakewood Ranch, FL

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