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$7,545,000
New Listing

8946 77TH TERRACE E
LAKEWOOD RANCH, FL 34202

For Sale|Office|Active
0
Beds
0
Total Baths
9,046
SqFt
$834
/SqFt
2009
Built
Subdivision:
PROFESSIONAL CENTER AT LAKEWOOD R 8, 9&10
County:
Manatee
8946 77TH TERRACE E8946 77TH TERRACE E8946 77TH TERRACE E8946 77TH TERRACE E
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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.

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Listing Snapshot
Price 
$7,545,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,046 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
2009
MLS® Number 
A4688412
Status 
Active
Property Tax 
$23,562
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
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What's This?
Private
Recent Activity
an hour agoListing updated with changes from the MLS®
15 hours agoListing first seen on site
General Features
Acres 
0.18
Foundation 
Slab
Property Sub Type 
Office
SqFt Total 
9046
Zoning 
PD-MU
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Stucco
Road Frontage 
City Street
Community Features
MLS Area 
34202 - Bradenton/Lakewood Ranch/Lakewood Rch
Roads 
Asphalt
Township 
35
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP (941) 387-1200



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-02 02:10 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Powered by Showcase IDX, a Constellation1 Company
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