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MaxHealth Corporate & Primary Care 3844 Bee Ridge Rd 22,206 SF Office Building Sarasota, FL 34233 $14,523,145 CAD ($654.02 CAD/SF) 6% Cap Rate
Executive Summary
This MaxHealth Corporate and Primary Care building is strategically located in the heart of Sarasota, along the highly-trafficked Bee Ridge Road. As one of the County’s main east-west corridors, Bee Ridge provides seamless connectivity between Interstate 75 and US-41 (Tamiami Trail), offering exceptional accessibility for both patients and staff traveling from across the region. This building was purchased in 2021 and the entire building was completely remodeled with MaxHealth Primary Care on the first floor, and the MaxHealth Corporate Offices on the second floor. Directly adjacent to the MaxHealth Medical Office Building, this property can be combined for a 2-building MaxHealth Sarasota portfolio located directly in between HCA Florida Sarasota Doctors Hospital and Sarasota Memorial’s main Sarasota campus. The surrounding area is home to a strong mix of complementary medical tenants including Advanced Dental Care, Aspire Dental and Orthodontics, In Focus Eye Care, Sarasota Children’s Clinic, and Take Care Home Healthcare. This concentration of healthcare providers helps reinforce this property's role as a vital component of Sarasota’s healthcare infrastructure.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
22,206 SF
Building Class
B
Year Built/Renovated
1981/2021
Price
$14,523,145 CAD
Price Per SF
$654.02 CAD
Cap Rate
6%
NOI
$871,388 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
11,103 SF
Building FAR
0.32
Lot Size
1.60 AC
Zoning
OPI - Office, Professional, Institutional
Parking
81 Spaces (3.65 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0070-03-0008 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,630,215 CAD |
Property Taxes
Parcel Number
0070-03-0008
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,630,215 CAD
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MaxHealth Corporate & Primary Care | 3844 Bee Ridge Rd
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