Popular on eTradeWire
- Stephanie Peppers Launches Rethread Chronicles - 165
- Real Estate Investor Shane Seo Hosts Empowering Workshop in Atlanta for Aspiring Investors - 149
- Celebrate National Direct Support Recognition Week, September 8 – 14, 2024 - 136
- Cozy Up with Adirondack Fragrance Farm's New Soy Wax Melts - 108
- History Matters: Book Recommendations for September 2024 - 104
- Allegiant Management Group Launches New Website Following Recent Rebranding
- Atlas Elite Entertainment Releases New Single "Forever"
- Wagoner Roofing Launches New Website
- 20th Annual Family Pumpkin Patch Day
- Colony Ridge Welcomes A Second DG Market!
Similar on eTradeWire
- New listing coming soon to Blaine
- The New Real Estate "Just Looking" Program Is A Big Hit With Central Florida Residents!
- Brett Furman Group Launches New Open House Strategy: Personally Inviting 1,000 Neighbors
- Berkshire Hathaway HomeServices FNR President Ann King receives 2024 Ultimate CEO Award
- Buildout, Inc. Launches 2nd Annual 'Building CRE' 2024 Report
- A Stunning Home That Will Surely Impress You!
- Chambliss Mortgage Capital Launches Initiative to Empower Real Estate Investors& Reduce Homelessness
- Title Alliance Announces Strategic Consolidation of their Arizona Joint Ventures to Enhance Business
- NEW CONSTRUCTION in St Cloud, Minnesota
- Ribbon-Cutting Ceremony Marks the Completion of TAJ Flooring, Inc. Warehouse Facility Expansion
101,000-square-foot office property in Lakewood Ranch hits the market
eTradeWire News/10782078
Sellers engage Ian Black Real Estate as exclusive listing agent
SARASOTA, Fla. - eTradeWire -- The owners of a two-story, single-building 101,411-square-foot office property at 9000 Town Center Parkway in Lakewood Ranch have listed the property for sale and engaged Jag Grewal, CCIM, SIOR, and Cameron Wilson, CCIM, of Ian Black Real Estate as the exclusive listing agents.
The Class A corporate property is currently 75% leased to a publicly traded company providing HR services with nearly two years remaining on their current lease. The remaining space is vacant and turnkey.
"This presents an excellent opportunity for a corporate relocation that also offers strong existing cash flow from a credit tenant," Grewal said. "A buyer can benefit from the substantial amount of income from the existing lease for the next two years and also have the ability to occupy – partially immediately and fully after two years – a trophy asset in the hot Lakewood Ranch market."
More on eTradeWire News
The property was built in 1998, has 620 parking spots, excess land for development potential and full frontage on Interstate 75. The building was constructed with hurricane impact glass and a full back-up generator and uninterruptible power supply (UPS) system.
Located in Lakewood Ranch, an award-winning master-planned community in the Sarasota-Bradenton metro areas, the property is located within a 20-minute drive of downtown Sarasota and the Sarasota-Bradenton International Airport, and within an hour of downtown Tampa and the Tampa International Airport.
"This property provides a unique opportunity for a company or institution – such as a university, training school, health care provider or large administrative office – that wants to have a major headquarters or regional presence in Lakewood Ranch," Wilson said. "It's rare to have this size of building, especially with frontage on I-75, become available in Lakewood Ranch, not to mention priced below replacement cost."
More on eTradeWire News
About Ian Black Real Estate
Ian Black Real Estate (IBRE) is a boutique commercial real estate brokerage firm located in Sarasota, Fla. The firm is one of the largest commercial brokerage firms in Southwest Florida and boasts a deep knowledge of the commercial real estate market in Sarasota and Manatee counties and the surrounding area. For more information, visit ian-black.com.
About SIOR
SIOR is the leading global professional office and industrial real estate organization that certifies commercial real estate service providers with the exclusive SIOR designation, based on achievement, knowledge, accountability and ethical standards. Only the industry's top professionals qualify for SIOR. Today, there are more than 3,200 members in 685 cities and 36 countries. For more information, visit www.sior.com
The Class A corporate property is currently 75% leased to a publicly traded company providing HR services with nearly two years remaining on their current lease. The remaining space is vacant and turnkey.
"This presents an excellent opportunity for a corporate relocation that also offers strong existing cash flow from a credit tenant," Grewal said. "A buyer can benefit from the substantial amount of income from the existing lease for the next two years and also have the ability to occupy – partially immediately and fully after two years – a trophy asset in the hot Lakewood Ranch market."
More on eTradeWire News
- A Celebration of American Music Benefit at North Coast Repertory Theatre
- The Human Resilience Project Launches Groundbreaking Global Study on Human Resilience
- Dark Truth Behind Targeted Mass Violence
- Energy Psychology Group Announces Conclusion of Strategic Alliance with Cosmic Media
- Los Defensores Launches "Siempre Contigo" Community Initiative with Philanthropic Grants to Mark the Expansion of Its Local Houston Initiatives
The property was built in 1998, has 620 parking spots, excess land for development potential and full frontage on Interstate 75. The building was constructed with hurricane impact glass and a full back-up generator and uninterruptible power supply (UPS) system.
Located in Lakewood Ranch, an award-winning master-planned community in the Sarasota-Bradenton metro areas, the property is located within a 20-minute drive of downtown Sarasota and the Sarasota-Bradenton International Airport, and within an hour of downtown Tampa and the Tampa International Airport.
"This property provides a unique opportunity for a company or institution – such as a university, training school, health care provider or large administrative office – that wants to have a major headquarters or regional presence in Lakewood Ranch," Wilson said. "It's rare to have this size of building, especially with frontage on I-75, become available in Lakewood Ranch, not to mention priced below replacement cost."
More on eTradeWire News
- Jazz Artist Bob Holz Signs With SoVibe Entertainment Plus Album Review In September 2024 Issue Of Downbeat Magazine
- CacklePatch, LLC Unveils The Legend of CacklePatch – The Halloween Raccoon
- Prize Draw UK hosts first successful live draw on Facebook
- 2024 Mount Dora Mayoral Forum Candidates Answer the Burning Questions
- 4-Star Gold Coast Hotel Showcases Chicago Artist's Watercolors
About Ian Black Real Estate
Ian Black Real Estate (IBRE) is a boutique commercial real estate brokerage firm located in Sarasota, Fla. The firm is one of the largest commercial brokerage firms in Southwest Florida and boasts a deep knowledge of the commercial real estate market in Sarasota and Manatee counties and the surrounding area. For more information, visit ian-black.com.
About SIOR
SIOR is the leading global professional office and industrial real estate organization that certifies commercial real estate service providers with the exclusive SIOR designation, based on achievement, knowledge, accountability and ethical standards. Only the industry's top professionals qualify for SIOR. Today, there are more than 3,200 members in 685 cities and 36 countries. For more information, visit www.sior.com
Source: Ian Black Real Estate
Filed Under: Real Estate
0 Comments
Latest on eTradeWire News
- AXELERA Technologies Prepares for AUSA Annual meeting, Showcasing the 3d_4X Joystick
- The New Real Estate "Just Looking" Program Is A Big Hit With Central Florida Residents!
- Introducing DentalDuo: The Ultimate On-the-Go Oral Care Tool Now Available
- Pineberry Manufacturing Inc. to Exhibit Automation Solutions at PACK EXPO International
- New High-Performance System for AI and Edge-Computing Applications
- The Florida Forum Speaker Series to Welcome Rt Hon Boris Johnson
- SCSA Announces 2024 Recipients of the Jeff Henson Memorial Scholarship
- CostPredict Inc. Accepted for Participation in an Exclusive Tech Venture Accelerator Program
- Are California Insurance Tax Hikes Good for Uninsurable Homes?
- New California Solar Incentives and Tax Credits
- Ohio Central donates diesel locomotive #4092 to the Age of Steam Roundhouse Museum
- Human Factors and Ergonomics Society Announces 2024 Stanley Caplan User-Centered Product DesignAward
- The Pink Locket to Showcase 'Escape to the Caribbean' Collection at Rock & Roll Hall of Fame
- Plastic Fabrication Company Shares Benefits of Medical Device Plastics
- Mobile windshield service provides welcome post-storm relief
- Cell-Ed and National Minority Health Association Forge Strategic Partnership to Expand Caregiving and Health Equity Initiatives
- 8 Liner Machines deliver an entertainment experience upgrade
- NEXT Door & Window Named Among Crain's 2024 Best Places to Work in Chicago
- Unveiling the attaché x: a premium business bag where luxury meets innovation with a £1 launch offer
- Delta Industrial is Attending FabTech 2024 in Orlando This Fall