Two contiguous newly renovated shell spaces remain available on prestigious S Palm Ave in the heart of downtown Sarasota. Each space is 1,582 sqft and may be leased individually or combined. Sugar Palm Court features a new courtyard setting with outside tables and chairs provided for the shared usage of tenants and patrons. This premium location lends itself to a carefully curated tenant mix that will provide a distinctive "sense of place".
Dedicated parking spaces at rear alley access for each unit.
Tenant costs: Besides base rent, tenant will be responsible for NNN prorated costs (including CAM) which will be based on actual costs and expected to be in in the $14.25 psf for 2025 annually (subject to change yearly). Florida state sales tax and utilities, base rent increase of 4% annually. Tenant to provide financials and guarantee lease personally and corporately and obtain a tenant's insurance policy.