Venice, Fla. (September 2, 2021) – Senior advisor Angela Varga, of SVN Commercial Advisory Group recently coordinated the sale of a 5,500 SF medical office building at 842 Sunset Lake Boulevard in Venice. The seller was Gulf Coast Urology Properties, LLP. The buyer was Catic Exchange LLC, Intermediary for Rynik Properties Saratoga Springs LLC. The purchase price was $1,600,000.
The medical office was bought as a sale-leaseback with the seller staying in place as a tenant with a five-year lease. Catic Exchange LLC, which operates outside of Florida, bought the property as an investment with a 1031 exchange.
About
SVN Commercial Advisory Group, is a full service commercial real estate brokerage firm. We provide commercial real estate services to large corporations, middle market businesses and individual entrepreneurial investors. Serving the greater Tampa Bay area, we offer advisory services for the sales, leasing, and management of commercial properties locally, regionally and nationally. Our Advisors provide creative solutions in order to help you achieve your goal.
The Advisors at SVN Commercial Advisory Group have a deep understanding and vast experience with a wide variety of aspects of all investment real estate. Our specialized teams can provide competent guidance to you, your clients or your investors. We have brokered, consulted, managed and provided a wide variety of real estate services across the country.
Contacts
Matt Christian, Managing Director, SVN Commercial Advisory Group
Matt.Christian@svn.com | 941.343.4520
Angela Varga, Senior Investment Advisor, SVN Commercial Advisory Group
Angela.Varga@svn.com | 941.932.7131