facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Sale

/

6010 Cattleridge BLVD, Sara...

Sarasota County Acquires Property At 6010 Cattleridge BLVD Sarasota For $16M With Brokers Harris And Gonzalez
SOLDOffice

Sarasota County Acquires Property At 6010 Cattleridge BLVD Sarasota For $16M With Brokers Harris And Gonzalez

6010 Cattleridge BLVD, Sarasota, FL...

$16,000,000

$227/SF

Building Size

70,304 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this transaction is a 70,304-square-foot office building located at 6010 Cattleridge Blvd, Sarasota, FL. The sale price for the asset is $16,000,000.00. This three-story office building is situated in the Sarasota market.

Summary of transaction details:

The deal featured the representation of Ibis Group by Ian Black, Steve Horn, Nick DeVito, and Melissa Harris from Ian Black Real Estate, facilitating the transition of the office building to Sarasota County for use as the new administrative headquarters for the Sheriff's Office.

Players

Cristian Gonzalez Black

Berkshire Hathaway HomeServices

Broker

$16M

vol

1 deal

Broker

Sarasota Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93