Northwood Executive Suites

For Sale

5104 N Lockwood Ridge Rd, Sarasota, FL 34234

This Sarasota property for sale is located at 5104 N Lockwood Ridge Rd. The general use of Northwood Executive Suites is office and it incorporates 18,330 square feet of class B office space. The current listed sale price for Northwood Executive Suites is $2,700,000. Northwood Executive Suites is situated on a lot that is 1.5 acre in size.

Contacts

broker
Michael Hollander

Hembree & Associates

Property Details

  • Property Type Office - Government Office
  • Property Size 18,330 SF
  • Lot Size 1.5 Acre
  • Building Class B
  • Year Built 2008
  • Year Renovated 2009
  • Date Updated Feb 19, 2025
Northwood Executive Suites is an attractive building close to University Parkway.NOI $184,789.00 - Cap Rate is 6.84% Fully Leased. Room for income growth when some leases reach maturity. Building in excellent condition. The Site consist of two lots: 67,642 SF & 40,395 SF for a total of 2.48 Acres Site work including: Site Lateral Plumbing, Retention, Hard & Pervious Parking intended for second building are already in place Building is 16,278 RSF. (6) Office Suites on 1st Fl w/ direct entrances. 2nd Floor has (2) Tenants, 3rd Floor has (2) Tenants. Above conditions and referenced property entitlements need to be verified with county by purchaser in a due diligence period.Northwood Executive Suites is an attractive building close to University Parkway and UTC businesses, shopping and restaurants. The 992 SF space is on the ground floor with separate entrance and plenty of parking. Take advantage of this rare opportunity in Sarasota!
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 24hr Controlled Access
  • Fenced Lot
  • Signage
  • Mediterranean Design

Getting around

  • 15/100

    Walk Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Sarasota, FL
  • Neighborhood Hamlets Grove
  • Zip Code 34234
  • Market Southwest Florida Coast

Points of Interest

  • 7-Eleven

    0.20 miles

  • Shell

    0.77 miles

  • Marathon

    0.80 miles

  • Speedway

    0.84 miles

  • ChargePoint

    1.52 miles

  • Chevron

    1.81 miles

  • BP

    1.81 miles

  • Wawa

    2.52 miles

  • Tesla Supercharger

    2.56 miles

  • Publix Supermarket at Lockwood Commons

    4.61 miles

  • Cell Phone Lot

    2.63 miles

  • Overflow Lot A

    2.74 miles

  • Shade Parking

    2.84 miles

  • Long Term Parking

    2.98 miles

  • Short Term Parking

    3.00 miles

  • Rental Car Parking

    3.08 miles

  • State Street Parking Garage

    3.65 miles

  • Palm Avenue Parking Garage

    3.77 miles

  • North Parking Garage

    4.39 miles

  • Waldemere Parking Garage

    4.42 miles

  • Residence Inn Sarasota Bradenton

    2.72 miles

  • SpringHill Suites Sarasota Bradenton

    2.80 miles

  • DoubleTree

    2.84 miles

  • Hampton Inn & Suites

    2.87 miles

  • Homewood Suites by Hilton Sarasota

    2.87 miles

  • Hyatt Place

    2.88 miles

  • Sleep Inn Sarasota North

    2.93 miles

  • Homewood Suites Sarasota Lakewood Ranch

    2.97 miles

  • Courtyard Sarasota Bradenton Airport

    2.99 miles

  • Quality Inn Sarasota Near Lido Key Beach

    3.02 miles

  • Detwiler's Farm Market

    0.60 miles

  • Publix

    0.95 miles

  • Walmart Supercenter

    0.97 miles

  • Key Food

    1.70 miles

  • Whole Foods Market

    2.57 miles

  • Big Lots

    2.58 miles

  • Asian grocery

    2.64 miles

  • Bealls

    2.67 miles

  • Walmart Neighborhood Market

    2.90 miles

  • Target

    2.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Hollander

Hembree & Associates

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.