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Off Market
1/7

4333 S Tamiami Trl
Sarasota, FL 34231


HIGHLIGHTS

  • Multi-Tenant Retail Offering | E-Commerce Resistant Tenants | Scheduled Rental Increases | NNN Leases
  • Located Directly Along Major Thoroughfare with 47,000 cars per day | Close Proximity To Bee Ridge Road
  • Located Near Westfield Siesta Key (415,500 SF) | Nearby National/Credit Tenants
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

The subject property is strategically located along S Tamiami Trail/US Highway 41 (47,500 VPD), a major north/south thoroughfare traveling from South Florida to the Georgia border north of the Lake City area. In additional, Bee Ridge Road (31,000 VPD) is 0.6 miles north of the site with convenient on/off ramp access. The property has excellent highway visibility with 2 large pylon signs and multiple access points, providing ease and convenience to customers. The immediate trade area features notable national/credit tenants including Costco, Trader Joe’s, JoAnn, Best Buy, TJ Maxx, Walgreens, and more, which increases consumer traffic and promotes crossover shopping to the site. Moreover, the asset is near Westfield Siesta Key (a 415,500 SF shopping mall anchored by Macy’s, Cobb Theaters, LA Fitness, and Lucky’s Market), further increasing consumer traffic to the trade area. The 5-mile trade area is supported by more than 153,500 residents and 96,700 employees. The immediate 1-mile population boasts an affluent average household income of over $105,200.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Shops at Sarasota | 100% Occupied | NNN lses

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

7047

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0075-04-0048