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INVESTMENT HIGHLIGHTS
- 9-building NNN Medical Office Building (MOB) portfolio
- Mix of single-tenant and multi-tenant buildings spanning Manatee and Sarasota Counties
- Average in-place term of 7.2 years with just under half of tenants having been in place for 5+ years, showing longevity and commitment
- Located entirely in rapidly-growing Southwest Florida
- Strong Florida-centric medical group, MaxHealth, as anchor tenant, with two thirds of the overall portfolio square footage built out as medical office
- Purchase options include the entire portfolio or individual buildings
EXECUTIVE SUMMARY
View our Offering Memorandum here: https://drive.google.com/file/d/1mkpV2xIZLKOSiiZDAD4oZLHC3M-pIwMY/view?usp=drive_link
SVN Commercial Advisory Group is very pleased to present this 164,677 +/- square foot 9-building portfolio consisting of eight office/medical office buildings and one retail-style building that are strategically positioned along Florida’s Gulf Coast. They stretch from Ellenton in North Manatee County, through Bradenton and Sarasota, down to Venice and North Port in South Sarasota County. All properties are anchored by MaxHealth, a physician-owned primary healthcare business with over 50 locations across the state of Florida. MaxHealth offers a broad range of medical practices including general medicine, internal medicine, and geriatrics, in addition to multiple affiliated specialty practices offering cardiology, dermatology and oncology.
Each property benefits from prominent road frontage along major highways and thoroughfares throughout the North Port–Sarasota–Bradenton MSA, ensuring strong visibility, ease of access, and close proximity to area hospitals and medical centers. Five buildings in the portfolio are larger multi-tenant buildings with MaxHealth as the primary anchor, and four are single-tenant MaxHealth buildings. The entire portfolio can be purchased as a whole, or buildings may be purchased individually (with the exception of the two Cortez Road buildings that are both located on the same deeded parcel).
Over the past five plus years, this region has experienced substantial growth and development, with tens of thousands of new residential units either completed or currently under construction. This residential boom continues to drive demand for high-quality medical services and facilities.
In addition to population growth, the area’s aging population has led to a marked increase in demand for healthcare services, with the the need only expected to grow, as approximately 49.2% of the area’s residents are over the age of 55.
Several major healthcare projects are already underway to support this demand, including:
Sarasota Memorial Hospital – Venice Campus (opened 2021)
HCA Florida North River Hospital (Freestanding Emergency opening 2025)
BayCare Hospital Manatee (slated for opening in 2028)
Sarasota Memorial Hospital – North Port Campus (slated for opening in 2028)
Purchasing all or part of this medical investment opportunity in a continually expanding and aging marketplace, with MaxHealth providing a strong tenant base, will provide a tremendous return on investment for many years to come. Southwest Florida has a very strong and vibrant healthcare market coupled with low office vacancy rates, tremendous residential growth and high quality of life, making this portfolio an excellent investment opportunity beyond just the current income.
SVN Commercial Advisory Group is very pleased to present this 164,677 +/- square foot 9-building portfolio consisting of eight office/medical office buildings and one retail-style building that are strategically positioned along Florida’s Gulf Coast. They stretch from Ellenton in North Manatee County, through Bradenton and Sarasota, down to Venice and North Port in South Sarasota County. All properties are anchored by MaxHealth, a physician-owned primary healthcare business with over 50 locations across the state of Florida. MaxHealth offers a broad range of medical practices including general medicine, internal medicine, and geriatrics, in addition to multiple affiliated specialty practices offering cardiology, dermatology and oncology.
Each property benefits from prominent road frontage along major highways and thoroughfares throughout the North Port–Sarasota–Bradenton MSA, ensuring strong visibility, ease of access, and close proximity to area hospitals and medical centers. Five buildings in the portfolio are larger multi-tenant buildings with MaxHealth as the primary anchor, and four are single-tenant MaxHealth buildings. The entire portfolio can be purchased as a whole, or buildings may be purchased individually (with the exception of the two Cortez Road buildings that are both located on the same deeded parcel).
Over the past five plus years, this region has experienced substantial growth and development, with tens of thousands of new residential units either completed or currently under construction. This residential boom continues to drive demand for high-quality medical services and facilities.
In addition to population growth, the area’s aging population has led to a marked increase in demand for healthcare services, with the the need only expected to grow, as approximately 49.2% of the area’s residents are over the age of 55.
Several major healthcare projects are already underway to support this demand, including:
Sarasota Memorial Hospital – Venice Campus (opened 2021)
HCA Florida North River Hospital (Freestanding Emergency opening 2025)
BayCare Hospital Manatee (slated for opening in 2028)
Sarasota Memorial Hospital – North Port Campus (slated for opening in 2028)
Purchasing all or part of this medical investment opportunity in a continually expanding and aging marketplace, with MaxHealth providing a strong tenant base, will provide a tremendous return on investment for many years to come. Southwest Florida has a very strong and vibrant healthcare market coupled with low office vacancy rates, tremendous residential growth and high quality of life, making this portfolio an excellent investment opportunity beyond just the current income.
PROPERTY FACTS
| Price | $93,406,660 CAD | Number of Properties | 9 |
| Price / SF | $569.53 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment NNN | Total Building Size | 164,006 SF |
| Status | Active | Total Land Area | 5.79 AC |
| Price | $93,406,660 CAD |
| Price / SF | $569.53 CAD / SF |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 0 |
| Total Building Size | 164,006 SF |
| Total Land Area | 5.79 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
MaxHealth Cortez Medical Office Building
4351 Cortez Rd, Bradenton, FL 34210 |
Office | 14,770 SF | 2015 | - |
|
MaxHealth Cortez Primary Care
4401 Cortez Rd W, Bradenton, FL 34210 |
Office | 8,204 SF | 1999 | - |
|
MaxHealth River Landing
6110 53rd Ave E, Bradenton, FL 34203 |
Office | 6,478 SF | 1997 | - |
|
MaxHealth Manatee West
7421-7461 Manatee Ave W, Bradenton, FL 34209 |
Retail | 42,067 SF | 1984 | - |
|
MaxHealth Ellenton
7915 US Hwy 301 N, Ellenton, FL 34222 |
Office | 29,465 SF | 2007 | - |
|
MaxHealth Sumter Crossing North Port
4451 Aidan Ln, North Port, FL 34287 |
Office | 21,048 SF | 2007 | - |
|
MaxHealth Corporate & Primary Care
3844 Bee Ridge Rd, Sarasota, FL 34233 |
Office | 22,206 SF | 1981 | - |
|
MaxHealth Bee Ridge Medical Office Building
3830 Bee Ridge Rd, Sarasota, FL 34233 |
Office | 14,574 SF | 1977 | - |
|
MaxHealth Venice HealthPark
1211 Jacaranda Blvd, Venice, FL 34292 |
Office | 5,194 SF | 1990 | - |
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