1475 Sun Market Pl - Freestanding FOR SALE
North Port, FL 34288 |
$6,974,000 USD
813-434-8278
1475 Sun Market Pl
North Port, FL 34288
HIGHLIGHTS
- 100% Leased | Brand New Construction | Options To Extend | Ideal Tenant Mix
- NNN Leases | Fee Simple Ownership | Minimal Landlord Responsibilities
- New Surrounding Development in North Port
- Across From New ALDI | Direct Residential Base | Adjacent Retail
- Drive-Thru Equipped | Excellent Visibility & Access | Near Interstate-75
- Demographics & Trade Area | Annual Population Growth
OVERVIEW
• Brand new 2026 building construction
• Corporate signed Starbucks lease with 10 years of initial term and 6 (5-year) options to renew, demonstrating firm commitment to the location
• Both UPS and Heartland Dental have 10 year terms with 2 (5-year) options to renew
• UPS lease is guaranteed by the franchisee
• All tenants have a 10.0% rent increase occurring after 5 years
• Ideal mix of QSR, Medical/Dental and Service retail
FOR SALE DETAILS
PRICE
$6,974,000 USD
PRICE/SF
$930 USD /SF
CAP RATE
5.8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sun Market Place - Sarasota (North Port) FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
49
LAND DETAILS
LAND ACRES
1.48 AC
LAND SF
64,469 SF
ZONING
PCD
APN/PARCEL ID
0984-07-0070
ASK ABOUT THIS PROPERTY
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813-434-8278
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813-434-8278
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
