100 Paramount Dr - Office FOR SALE


Sarasota, FL 34232- North Sarasota
$18,500,000 USD
941-539-0720
100 Paramount Dr, Sarasota, FL for Sale
$18,500,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

100 Paramount Dr
Sarasota, FL 34232
North Sarasota


HIGHLIGHTS

  • Immediate access to I-75 via Fruitville Road interchange, enhancing regional connectivity.
  • Recently completed capital improvements including modernized lobbies and upgraded HVAC systems.
  • Features a premium parking ratio with ample shared conference facilities for tenants.
  • Attractive lakeside setting with landscaped grounds and mature live oaks.
  • Close proximity to Sarasota’s vibrant retail core with national brands such as Target and Lowe’s.

OVERVIEW

Ian Black Real Estate is pleased to present the opportunity to purchase Sarasota Commerce Center I, a premier Class A office building strategically located just minutes from the I-75/Fruitville Road interchange, with future accessibility enhanced by the planned diverging diamond interchange. Set within a park-like campus featuring mature live oak trees and waterfront views, the property offers an exceptional workplace environment. The building has recently undergone extensive common area renovations and features a modern tenant lounge, fitness center, UV lights in the HVAC system for tenant protection, and a shared conference room available to all tenants for client meetings. A generous 5.0/1,000 SF parking ratio, including shaded parking, provides convenience for both employees and visitors. The property is home to a diverse mix of local, national, and international tenants, creating a thriving professional business community and providing a stable, established tenancy. Tenants enjoy close proximity to a wide variety of restaurants, retail, hotels, and everyday conveniences, as well as nearby apartment communities that support a growing workforce. Combining premium amenities, outstanding accessibility, a strong tenant base, and a highly desirable location, Sarasota Commerce Center I presents an exceptional investment opportunity for investors seeking a well-maintained Class A office asset with long-term value and stability. To access the CA click here: https://buildout.?com/sharing/1658138-sale?file=4252238

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sarasota Commerce Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

390

LAND DETAILS

LAND ACRES

6.43 AC

LAND SF

280,091 SF

ZONING

ILW

APN/PARCEL ID

0047-06-0003

ASK ABOUT THIS PROPERTY

Melissa HarrisIan Black Real EstateMore Info
941-539-0720

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Melissa HarrisIan Black Real EstateMore Info
941-539-0720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.