8946 77th Ter E
Lakewood Ranch, FL 34202
Active
List price
$6,440,000Price cut
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP, 941-387-1200 (Tony Veldkamp, CCIM)
MLS# A4688412 Status Active
Listing updated August 20, 2026
- Sq ft
- 8,046
- Year built
- 2009
About this home
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 $38,918.45, 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 7.25% cap rate, generating $467,021.45 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.
Facts
- Property type
- Office
- Year built
- 2009
- Lot
- 0.18 acres
- Annual taxes
- $23,562
- Construction
- Completed
- Subdivision
- Professional Center At Lakewood R 8, 9&10
- County
- Manatee
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
Similar listings by price and type
Loading similar listings...
Listings courtesy of Stellar MLS as distributed by MLS Grid.
This website is operated by Tyler Landon, Keller Williams Realty at the Lakes, 321-800-5294.
Based on information submitted to the MLS GRID as of November 10, 2026 at 4:15 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and use of the MLS GRID data may be subject to an end user license agreement prescribed by Stellar MLS.
Some IDX listings have been excluded from this website.
Any use or search of the data on this website other than by a consumer looking to purchase real estate is prohibited.