5678 Fruitville Rd - Storefront FOR SALE


Sarasota, FL 34232- North Sarasota
$6,752,900 USD
703-787-4714
5678 Fruitville Rd, Sarasota, FL for Sale
$6,752,900 USD
Storefront - FOR SALE
1/2
null | 7% Cap Rate

5678 Fruitville Rd
Sarasota, FL 34232
North Sarasota


HIGHLIGHTS

  • Quick access to the I-75 ramps (123,000 VPD), the main freeway traveling up/down the west coast of Florida
  • Directly across from the proposed Sarasota Orchestra Music Center, a 32-acre site with an 1,800-seat concert hall
  • Nearby notable national/credit tenants such as Lowe’s, Chickfil-A, Sam’s Club, Target, Publix, Winn-Dixie, and more

OVERVIEW

- 24,822 square foot, 100% leased multi-tenant retail strip with 6 units (5 tenants) and billboard income. - The WALT is roughly 9 years remaining. - Site possesses two points of egress and ingress which is very unusual for a parcel this size - Newer roof and AC units (within the last 3-5 years) - Fronting Fruitville Rd (Hwy 780), a busy retail corridor with over 60,054 VPD

FOR SALE DETAILS

PRICE

$6,752,900 USD

PRICE/SF

$272 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

ILW, County

APN/PARCEL ID

0047-03-0001

ASK ABOUT THIS PROPERTY

Jonathan HippCalkain Realty Advisors, Inc.More Info
703-787-4714

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Jonathan HippCalkain Realty Advisors, Inc.More Info
703-787-4714

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