SVN Commercial Advisory Group Manages Sale of $2.7M Medical Office Building
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Sarasota, FLA. (May 18, 2021) – Senior advisor Mike Migone, CCIM of SVN Commercial Advisory Group recently coordinated the sale of a 15,395 SF, multi-level medical office building at 5922 Cattlemen Lane in Sarasota, FLA. The seller, Medical Leasing Group, LLC, was represented by Migone. The buyer was RJK Florida Properties, LLC. Purchase price was $2,700,000.
RJK, who owns and runs fertility clinics throughout the United States, were looking to expand their business into Southwest Florida when they came across the Cattlemen property. “I think the proximity to the Doctor’s Hospital and I-75 really solidified their decision to buy.” said Migone.
The current tenant, FYZICAL will remain in the building until Q3,2021.
Matt Christian, Managing Director, SVN Commercial Advisory Group Matt.Christian@svn.com | 941.343.4520
Mike Migone, CCIM, Senior Investment Advisor, SVN Commercial Advisory Group Mike.Migone@svn.com | 941.813.7437