Office Properties in North Port, Florida, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a diverse range of properties available, from small office buildings to larger commercial complexes, investors can find the perfect fit for their needs. Office Properties in North Port represent a solid investment opportunity due to the city's strong economy, which is driven by the presence of the Atlanta Braves' Spring Training facility and a growing arts and culture scene. The city's infrastructure, including its well-developed transportation system and high-quality educational institutions, such as Suncoast Technical College, make it an attractive location for businesses and residents alike. Additionally, North Port's amenities, including the North Port Police Department, Fire Department, and waste management services, provide a high level of support for businesses and residents. The city's location, approximately 20 miles south of Sarasota and 40 miles north of Fort Myers, also makes it an ideal spot for businesses looking to serve a wider region. With a range of properties available, including those with amenities such as parking and security, investors can find the perfect Office Property to suit their needs.
Currently, there are 8 Office Properties available for sale in North Port, offering a range of options for investors. The average price per square foot for these properties is $267 USD, with an average size of 27,315 square feet. The largest property available is 164,006 square feet, offering ample space for businesses looking to expand. In addition to Office Properties, North Port also offers a range of other commercial properties, including Commercial Real Estate, which can be used for a variety of purposes, such as retail or industrial space. Apartment Buildings are also available, offering investors the opportunity to capitalize on the city's growing rental market. Shopping Centers and Hotels are also present in the city, providing a range of options for businesses looking to serve the local community. With its strong economy, diverse range of properties, and high level of amenities, North Port is an attractive location for businesses and investors alike.
What is the average price per square foot for office properties in North Port?
The average price per square foot for office properties in North Port is $267 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in North Port, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with premium finishes, advanced technology, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer functional space with standard amenities, suitable for a wide range of tenants, and are often priced lower than Class A properties.
- Class C office properties are typically older buildings with limited amenities, often requiring renovation, and are generally the most affordable option.
