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241 Nokomis Ave S 4,466 SF 100% Leased Office Building Venice, FL 34285 $2,327,137 CAD ($521.08 CAD/SF) 7.14% Cap Rate
Investment Highlights
- 4,332 SF medical building on 14,000 SF lot
- 2% annual base rent increases
- Close proximity to Downtown Venice, retail, and residential neighborhoods
- NNN leased investment property
- Four (4) additional 5-year renewal options
Executive Summary
American Property Group of Sarasota, Inc. presents 241 Nokomis Ave S, Venice, FL
Property Type: NNN Leased Medical Investment
Property Size: 4,332 SF Building on 14,000 SF Lot
Positioned on the Island of Venice, this fully leased NNN medical investment property offers investors stable income in one of Southwest Florida’s most desirable coastal markets. Located along Nokomis Avenue South, the property benefits from strong local traffic, proximity to Downtown Venice, and a surrounding mix of residential, retail, and professional uses.
Zoned ST-1 (Street District), this 4,332 SF medical building sits on a 14,000 SF parcel and is strategically located in the heart of the Island, providing long-term value and strong tenant appeal.
Property Type: NNN Leased Medical Investment
Property Size: 4,332 SF Building on 14,000 SF Lot
Positioned on the Island of Venice, this fully leased NNN medical investment property offers investors stable income in one of Southwest Florida’s most desirable coastal markets. Located along Nokomis Avenue South, the property benefits from strong local traffic, proximity to Downtown Venice, and a surrounding mix of residential, retail, and professional uses.
Zoned ST-1 (Street District), this 4,332 SF medical building sits on a 14,000 SF parcel and is strategically located in the heart of the Island, providing long-term value and strong tenant appeal.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,466 SF
Building Class
C
Year Built
1968
Price
$2,327,137 CAD
Price Per SF
$521.08 CAD
Cap Rate
7.14%
NOI
$166,140 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,466 SF
Building FAR
0.32
Lot Size
0.32 AC
Zoning
CI - Commercial Business
Parking
18 Spaces (7.39 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0408-06-0080 | Improvements Assessment | $856,893 CAD |
| Land Assessment | $570,616 CAD | Total Assessment | $1,427,509 CAD |
Property Taxes
Parcel Number
0408-06-0080
Land Assessment
$570,616 CAD
Improvements Assessment
$856,893 CAD
Total Assessment
$1,427,509 CAD
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241 Nokomis Ave S
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