North Port daycare property sells for $3.6 million

By Louis Llovio
| 9:50 a.m. August 14, 2026
| 2 Free Articles Remaining!

A North Port property leased by La Petite Academy has been sold.

Manatee-Sarasota

Marcus & Millichap has closed on the sale of a North Port building leased to La Petite Academy.

The firm says the New Jersey buyer, an investor, picked it up as part of a 1031 Exchange for $3.64 million.

Sarasota County property records show the seller is a real estate investment trust that paid $3.2 million for it in 2019. (According to state and county records the seller is an LLC belonging to the San Diego, California, investment firm Realty Income.)

The 20,218-square-foot building sits on 2 acres at 2700 Bobcat Village Center Road, just off of Toledo Blade Boulevard.

Marcus & Millichap, which represented the seller, says the day care operator has a triple-net, corporate backed lease with eight years remaining on it.

The firm’s Dominic Sulo, Don McMinn and Ryan Nee worked on the deal.

author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.