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LAKEWOOD RANCH, FL 34202 8946 77TH TERRACE E

8946 77TH TERRACE E LAKEWOOD RANCH, FL - Image 18946 77TH TERRACE E LAKEWOOD RANCH, FL - Image 28946 77TH TERRACE E LAKEWOOD RANCH, FL - Image 3
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Presented By: SVN COMMERCIAL ADVISORY GROUP with 941-387-1200. - 941-387-1200
  • MLS# A4688412
  • 04/01/2026
  • Request Tour
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  • SQFT • 9,046

Home Details

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.
Presented By: SVN COMMERCIAL ADVISORY GROUP with 941-387-1200. - 941-387-1200

Interior Features for 8946 77TH TERRACE E

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes

General for 8946 77TH TERRACE E

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLAKEWOOD RANCH
Construction MaterialsStucco
CoolingCentral Air
CountyManatee
DirectionsFrom Interstate 75 and University Parkway, head East on University Parkway. Turn left at Town Center Parkway, turn left on 77th Terrace East. Turn left into the parking lot. This building is located at the back of the parking lot.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionUNITS 10-A-1, 10-B-1, 10-C-1, 10-D-1, 10-E-1, 10-F-1, 10-G-1, 10-H-1, 10-I-1, 10-J-1, 10-K-1, 10-L-1, 10-M-1 PROFESSIONAL CENTER AT LAKEWOOD RANCH A CONDO PI#
Living Area UnitsSquare Feet
Lot Size Square Feet8046
Lot Size UnitsSquare Feet
MLS Area34202 - Bradenton/Lakewood Ranch/Lakewood Rch
New ConstructionNo
OwnershipFee Simple
Property ConditionCompleted
Property SubtypeOffice
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NamePROFESSIONAL CENTER AT LAKEWOOD R 8, 9&10
Tax Annual Amount23562
Tax Lot0
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2009
ZoningPD-MU

Exterior for 8946 77TH TERRACE E

Building Area Total9046
Foundation DetailsSlab
Lot Size Acres0.18
Lot Size Area8046
Number of Buildings1
Number of Lots1
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Silcock

Broker Owner
Price $7,545,000
MLS#A4688412
List Date 04/01/2026
Property Type Commercial
Phone 407.574.0218
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