Active - Office for sale
8946 77TH TERRACE E, Lakewood Ranch, FL
Facts & features
Why you’ll love it
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.
Listings courtesy of SVN COMMERCIAL ADVISORY GROUP as distributed by MLS GRID.
Listed by: Tony Veldkamp, Ccim • tony.veldkamp@svn.com • SVN COMMERCIAL ADVISORY GROUP
Co-listed by: SVN COMMERCIAL ADVISORY GROUP
Source: Stellar MLS as distributed by MLS GRID, MLS#: A4688412
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
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Affordability
$34,528/mo
- Mortgage$32,564
- Property tax$1,964
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$128,800 Credit back
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Travel times
About Professional Center At Lakewood R 8, 9&10
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm 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.
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$128,800 Credit back