This Property is no longer advertised on Showcase.com.
Off Market
1/7

46-52 S Palm Ave
Sarasota, FL 34236


HIGHLIGHTS

  • Newly renovated shell space on prestigious South Palm Avenue in the heart of the city.
  • Sugar Palm Court offers shared outdoor tables and seating for tenants and patrons, creating a vibrant atmosphere.
  • 1,582 sq. ft. of flexible space suitable for retail, or specialty concepts.
  • Three reserved spaces with convenient rear alley access for each unit.
  • Financials and personal/corporate lease guarantees required; tenant responsible for utilities and insurance.

OVERVIEW

Newly renovated shell space available on prestigious S Palm Ave in the heart of downtown Sarasota. Space is 1,582 sqft. 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". 3 dedicated parking spaces at rear alley access for each unit. Tenant costs: Besides $45 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). Utilities, tenant's insurance policy and base rent increase of 4% annually. Tenant to provide financials and guarantee lease personally and corporately 5 year minimum lease term. 10 year maximum.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

1582

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2027-05-0034