TAMPA, FL—The Sarasota Institute for Advanced Medicine, an 82,741-square foot single-tenant medical office building in Sarasota, FL, is looking for a new owner. Marcus & Millichap listed the asset at $36.9 million, or $446 per square foot.

John Smelter, a senior director of the Healthcare Real Estate Group of M&M, is representing the seller, Citadel Properties III LLC. Smelter tells GlobeSt.com the medical office sector is hotter than ever—and Advanced Medicine is a unique property, in part, because its fully leased to a hospital with one of the best credit ratings in the healthcare industry.

“Sarasota Memorial is considered one of the top 50 hospital systems in the United States,” Smelter says. “There are not too many hospital systems with better credit.”