Commercial Sale · Office
8946 77TH TERRACE E, LAKEWOOD RANCH, FL, 34202
Active127 days on marketListed Apr 1, 2026MLS #A4688412
About this property
The property at a glance
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 6.5% 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.
8,046
Building sq ft
$867
Price / sq ft
0.18
Lot acres
2009
Year built
1
Building
PD-MU
Zoning
Office
Property type
The numbers
Investment snapshot
6%
Cap rate
$453,418
Net operating income
Estimated payment (illustrative)
Estimated payment
$33,487/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
27,237
Population
$123,210
Median income
54.2
Median age
2.51
Avg household
$620,700
Median home value
$2,111/mo
Median rent
2,347
Households w/ kids
Recent sales
What actually sold near 8946 77TH TERRACE E
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,750,000
4940 LAKEWOOD RANCH BOULEVARD N
9,114 sqft · $302/sqft · Sold Oct 27, 2025
$30,000
7313 INTERNATIONAL PLACE
9,948 sqft · $3/sqft · Sold Apr 28, 2026
$1,750,000
7321 INTERNATIONAL PLACE
6,042 sqft · $290/sqft · Sold Sep 3, 2024
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 8946 77TH TERRACE E — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 8946 77TH TERRACE E.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Listing courtesy of SVN COMMERCIAL ADVISORY GROUP · Tony Veldkamp, CCIM. MLS #A4688412.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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