3801 Bee Ridge Rd - Storefront FOR SALE


Sarasota, FL 34233- South Sarasota
$6,452,350 USD
954-296-6955
3801 Bee Ridge Rd, Sarasota, FL for Sale
$6,452,350 USD
Storefront - FOR SALE
1/17
null | 6% Cap Rate

3801 Bee Ridge Rd
Sarasota, FL 34233
South Sarasota


HIGHLIGHTS

  • Major $2.3M Renovation Completed in 2024 – ±67% of the Center has been fully upgraded w/Brand New Plumbing, Electrical, Fire Sprinklers & HVACs
  • Long Term Master Lease – Owner/Operator to Occupy 67% of the Building under a Stable, Long-Term Master Lease structure
  • NNN Leases - Limited Landlord Responsibilities (Roof & Structure)
  • Excellent Sarasota Location – Located along a very busy Bee Ridge Rd, just 1 block away from the Beneva Rd intersection, in the Heart of Sarasota
  • Solid Demographics – Total Population of 187,252 within 5-miles with an Avg Household Income of $111,107
  • High Traffic Counts – Over 41,000+ Vehicles Per Day along Bee Ridge Rd.

OVERVIEW

An exceptional opportunity to acquire a 17,357± SF NNN Mixed-Use Center located in Sarasota, FL, with excellent frontage along high-traffic Bee Ridge Rd – and stabilized by a long-term sale-leaseback with the anchor tenant. The Seller, who occupies ±67% of the Center, will execute a 10-year NNN lease at closing, providing immediate, stable cash flow. This structure offers investors a well-located, multi-tenant retail asset anchored by an established operator, with a complementary mix of tenants and potential future upside. Strategically located in the heart of Sarasota, the property benefits from direct exposure to over 41,000 VPD on Bee Ridge Rd. It sits across from national retailers including Publix, McDonald’s, Walmart Neighborhood Market, HomeGoods, and Chase Bank, and is centrally positioned near major hospitals, restaurants, and shopping. The site also offers convenient access to both I-75 and US 41, and is just minutes from downtown Sarasota.. All leases are NNN, reducing landlord responsibilities and enhancing operational efficiency.

FOR SALE DETAILS

PRICE

$6,452,350 USD

PRICE/SF

$372 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Mixed-Use Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

OPI

APN/PARCEL ID

0061-14-0001

ASK ABOUT THIS PROPERTY

Derrick SchroederSolid InvestmentsMore Info
954-296-6955

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Derrick SchroederSolid InvestmentsMore Info
954-296-6955

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