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Office

Crestwood Commons | 6,000-SF Fully Occupied Office Center | Sarasota, FL

5313-5343 Paylor Ln, Sarasota, FL 34240

Listing Price: $3,250,000

Cap Rate
6.54%
Gross SF
6,000
Rentable SF
6,000
Price/Gross SF
$541.67
Lot Size
0.76 acres
Year Built
2005

Investment Overview

LOCATED WITHIN LAKEWOOD RANCH WATERSIDE PLANNED COMMUNITY: Lakewood Ranch is a 35,000 acre master planned community with 50 housing developments, multiple mixed use town centers and over 300 shops and restaurants. Lakewood Ranch has seen 80 percent population growth since the 2020 census. Lakewood Ranch recently approved plans for an additional 5,000 homes from 16 different builders. In 2025, Lakewood Ranch ranked second nationally among master-planned communities with 2,085 new home sales and remains the fastest selling multi-generational community in the country according to RCLCO.

Investment Highlights

  • MULTI TENANT OFFICE: 6,000-Square Foot across Two Buildings on a 0.76 Acre Lot. 30 Parking Spaces and Fully Landscaped Lot
  • ANNUAL INCREASES: All Current Leases Feature Three Percent to Five Percent Annual increases Built In
  • INVESTMENT POTENTIAL: Strong Opportunities for Owner/Users, Investors, Condo Exits, Partial Occupancy, and EB-Two Strategies. See Agent for Details
  • FULLY OCCUPIED CENTER: Can be Modified from Six to up to 28 Individual Executive Offices and Multi-Room Suites. Some with Direct Access of Parking , with Building and Door Signage Based on Demand
  • ONE MILE FROM LAKEWOOD RANCH MEDICAL CENTER: A 30 Acre Medical Campus with 240 Beds. LRMC Recently Completed a New $120 Million Patient Tower with a Phase II Expansion Plan to Add 60 Additional Beds. DENSE OFFICE PARK LOCATION: Situated within Lakewood Ranch Office Park Adjacent to Multiple Office, Light Industrial, Medical and Education Tenants. Per SMR / LWR Developer, all Commercial Land is Sold Out at this Time
  • DENSE RETAIL HUB: Located near Center Point at Waterside, a New 50 Acre Mixed-Use Center Featuring Medical Offices, Retail and Restaurants. Two Miles from University Town Center Mall (UTC Mall) and Cooper Creek Square, both Major Retail Centers within the Lakewood Ranch Planned Community
  • HEAVY TRAFFIC CORRIDOR: Two Miles off of Interstate 75 Exit 213 Seeing 154,000 Vehicles per Day and University Parkway, Seeing 51,000 Vehicles per Day. PROXIMITY TO DOWNTOWN SARASOTA: Eight miles from Sarasota Bradenton International Airport and 10 Miles from Downtown Sarasota Lakewood Ranch is Less than One Hour from Tampa and St Petersburg
  • STRONG DEMOGRAPHICS: The Population Exceeds 99,500 within Five-Miles and is Projected to Increase by 2030. Daytime Populations within Five Miles are over 116,700. Average Household Incomes within One Mile are over $156,600

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Office

Crestwood Commons | 6,000-SF Fully Occupied Office Center | Sarasota, FL

Listing Price: $3,250,000

Cap Rate
6.54%
Gross SF
6,000
Rentable SF
6,000
Price/Gross SF
$541.67
Lot Size
0.76 acres
Year Built
2005

Investment Highlights

  • MULTI TENANT OFFICE: 6,000-Square Foot across Two Buildings on a 0.76 Acre Lot. 30 Parking Spaces and Fully Landscaped Lot
  • ANNUAL INCREASES: All Current Leases Feature Three Percent to Five Percent Annual increases Built In
  • INVESTMENT POTENTIAL: Strong Opportunities for Owner/Users, Investors, Condo Exits, Partial Occupancy, and EB-Two Strategies. See Agent for Details
  • FULLY OCCUPIED CENTER: Can be Modified from Six to up to 28 Individual Executive Offices and Multi-Room Suites. Some with Direct Access of Parking , with Building and Door Signage Based on Demand
  • ONE MILE FROM LAKEWOOD RANCH MEDICAL CENTER: A 30 Acre Medical Campus with 240 Beds. LRMC Recently Completed a New $120 Million Patient Tower with a Phase II Expansion Plan to Add 60 Additional Beds. DENSE OFFICE PARK LOCATION: Situated within Lakewood Ranch Office Park Adjacent to Multiple Office, Light Industrial, Medical and Education Tenants. Per SMR / LWR Developer, all Commercial Land is Sold Out at this Time
  • DENSE RETAIL HUB: Located near Center Point at Waterside, a New 50 Acre Mixed-Use Center Featuring Medical Offices, Retail and Restaurants. Two Miles from University Town Center Mall (UTC Mall) and Cooper Creek Square, both Major Retail Centers within the Lakewood Ranch Planned Community
  • HEAVY TRAFFIC CORRIDOR: Two Miles off of Interstate 75 Exit 213 Seeing 154,000 Vehicles per Day and University Parkway, Seeing 51,000 Vehicles per Day. PROXIMITY TO DOWNTOWN SARASOTA: Eight miles from Sarasota Bradenton International Airport and 10 Miles from Downtown Sarasota Lakewood Ranch is Less than One Hour from Tampa and St Petersburg
  • STRONG DEMOGRAPHICS: The Population Exceeds 99,500 within Five-Miles and is Projected to Increase by 2030. Daytime Populations within Five Miles are over 116,700. Average Household Incomes within One Mile are over $156,600

Investment Overview

LOCATED WITHIN LAKEWOOD RANCH WATERSIDE PLANNED COMMUNITY: Lakewood Ranch is a 35,000 acre master planned community with 50 housing developments, multiple mixed use town centers and over 300 shops and restaurants. Lakewood Ranch has seen 80 percent population growth since the 2020 census. Lakewood Ranch recently approved plans for an additional 5,000 homes from 16 different builders. In 2025, Lakewood Ranch ranked second nationally among master-planned communities with 2,085 new home sales and remains the fastest selling multi-generational community in the country according to RCLCO.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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