Lakewood Ranch Business Park Office FOR SALE


Sarasota, FL
$29,665,531 USD
813-387-4761
, Sarasota, FL for Sale
$29,665,531 USD
Office - FOR SALE
1/9
null | 7.25% Cap Rate

Lakewood Ranch Business Park
Sarasota, FL


HIGHLIGHTS

  • Certified Collectibles Group is the Leader in Numismatics & Memorabilia/Collectibles Industry W/ Minimal Competition
  • Majority Stake of Certified Collectibles Purchased by Prominent Wall Street Firm in Jul 2021
  • NN Lease - 5.5 Years Remaining - 3% Escalations

OVERVIEW

The Lakewood Ranch Business Park Portfolio consists of two office properties located in the highly desirable Lakewood Ranch area, just east of Sarasota, FL. Both properties are fully leased to Certified Guaranty Company (CGC), a prominent player in the collectibles industry, which specializes in grading, valuing, and storing rare items. With approximately 5.5 years remaining on their lease, the tenant is well-established in the Sarasota/Lakewood Ranch community, operating from multiple locations within the Lakewood Ranch Office Park. The company’s strong presence and large workforce suggest a high probability of successful lease renegotiation when the current term expires in June 2026. 5501 Communications Parkway offers 61,478 square feet of office and warehouse space. Built in 2006, this fully air-conditioned building sitting on 5.6 acres that is fenced. The property was originally leased for a 10-year term, and there are currently 5.5 years remaining in term. This property features ample parking, providing convenience for the large workforce that operates within the building. 6802 Energy Court is a 20,809-square-foot office building situated on 2.4 acres of land. Built in 2007, the property primarily houses office operations for the tenant and offers ample parking for employees. Like the Communications Parkway property, the lease for this building also expires on June 26, 2030. At the time of leasing, the original term had 9.25 years, and the property remains a key part of the tenant’s operations in the region. Lakewood Ranch and the broader Sarasota area have become increasingly attractive for businesses seeking a blend of prime location, economic stability, and quality of life. Lakewood Ranch, known for its modern infrastructure and business-friendly environment, is strategically positioned with easy access to major highways like I-75, facilitating convenient connections to both Tampa and Naples. Over the past decade, the area has seen significant commercial and residential growth, positioning it as a regional business hub. Demographically, Lakewood Ranch is experiencing rapid population growth, supported by a mix of professionals, retirees, and families. The workforce is increasingly diverse and well-educated, with many employed in industries such as healthcare, technology, and finance. Sarasota, just a short drive away, is known for its cultural amenities, beautiful waterfront, and renowned educational institutions, further enhancing the region's attractiveness for businesses and residents alike. As the area continues to grow and develop, the Lakewood Ranch and Sarasota markets are well-positioned to offer long-term stability and appreciation potential, making this portfolio a strong investment opportunity.

ASK ABOUT THIS PROPERTY

Devin GuilliamsMarcus & MillichapMore Info
813-387-4761

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Devin GuilliamsMarcus & MillichapMore Info
813-387-4761

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.