6432 Parkland Dr, Sarasota, FL 34243

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Building Details:

Free standing office buildings located in the prestigious Parkland Center, a professional Office Park close to the Sarasota-Bradenton International Airport. Building 2 (South Bldg) is 24,075 sft and is connected by a bridge to Building 3 (North Bldg) 23,095 sft with total enclose with total area of 48,010 sft. The building is equipped with Fire Sprinklered System in addition to a dry chemical fire prevention system for the Server Room. The total asset which was purchased for $4,225,000 in May 2005, now is being offered for Sale for $3M at $62 psf. Appraisal report of October 2010 for $5.5m is available for review. The building, which can be purchased separately-subject to County approval, contains staff lanai at rear with a lake view. Hoveround Corporation, the current tenant and manufacturer of Wheel Chairs, which is generating 14.75% Cap Rate, is vacating the Property on May 1, 2012, and the buildings will be available for occupancy then.