5611 Tamiami Trl, Sarasota, FL 34231
1,077 SF | Retail Building | Sarasota, FL 34231 | $2,300,000 ($2,136/SF) | 5.80% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 27 days
Asking Price $2,300,000
- Property Type
-
Retail
- Square Feet
- 1,077 SF
- Price / Square Foot
- $2,136
Listing Contacts
Melinda Garrett
Property Overview
Introducing an exceptional investment opportunity with an estimated cap rate of 5.8% along South Tamiami Trail/US 41. This prime location provides unparalleled visibility and accessibility on this major thoroughfare.
The property is situated on a 0.89 acre signalized corner lot with 239 feet of frontage along S Tamiami Trail and 129 feet of frontage on Constitution Boulevard. This well-portioned site provides ample parking, easy accessibility, and adequate space for future expansion, contributing to the property's desirability and value.
With its strategic location close to Sarasota Memorial Hospital, and less than a mile from shopping centers and the Gateway to Siesta Key, this property offers endless possibilities for retailers and investors looking to expand into a thriving, highly-sought after area!
Currently, occupied by a strong credit tenant "United Access", this property offers steady income with the potential for further growth and development.
The property is situated on a 0.89 acre signalized corner lot with 239 feet of frontage along S Tamiami Trail and 129 feet of frontage on Constitution Boulevard. This well-portioned site provides ample parking, easy accessibility, and adequate space for future expansion, contributing to the property's desirability and value.
With its strategic location close to Sarasota Memorial Hospital, and less than a mile from shopping centers and the Gateway to Siesta Key, this property offers endless possibilities for retailers and investors looking to expand into a thriving, highly-sought after area!
Currently, occupied by a strong credit tenant "United Access", this property offers steady income with the potential for further growth and development.
Property Details
- Class
- C
- Year Built/Renovated
- 1960/2020
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding
- Lot Size (sq. ft)
- 38,768 SF
Highlights
- Located at the corner of US-41/S Tamiami Trail and Constitution Blvd, this site provides maximum visibility and accessibility.
- Situated on 0.89 acres, this property provides ample parking and space for future expansion.
- Currently occupied by a national credit tenant, United Access (formerly Ability Center).
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