313-321 John Ringling Blvd - Storefront FOR SALE


Sarasota, FL 34236
$7,500,000 USD
561-418-7119
313-321 John Ringling Blvd, Sarasota, FL for Sale
$7,500,000 USD
Storefront - FOR SALE
1/20
null | 6.98% Cap Rate

313-321 John Ringling Blvd
Sarasota, FL 34236


HIGHLIGHTS

  • A plus location
  • Fully Leased
  • NOI 523,165

OVERVIEW

Please contact Lmclaren@belmontassociates.com for all details. Tenant info upon request. INVESTMENT HIGHLIGHTS One-of-a kind retail property on St Armands Key in Sarasota Florida. St Armands Key has over 130 Boutiques, Specialty Shops, Galleries, and Restaurants all in close proximity to yacht clubs, hotels, and a nine-minute walk from public beaches. Sarasota is the Third- fastest growing city with a 12% population increase over the last five years and is ranked as on of the top 5 Best Places to live by U.S. News. PROPERTY DETAILS The retail property is located on John Ringling Boulevard and is surrounded by ample parking and shaded walkways. The 4 tenant building includes national and local retail options, the location is prime and so are the tenants. The building has 6,405 rentable square feet and includes tenant parking in the rear of the building. The units are 100 percent occupied and most of the tenants are full triple net leases with current market rents. Please contact Lmclaren@belmontassociates.com for all details. Tenant info upon request.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$1,148 USD /SF

CAP RATE

6.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CT

APN/PARCEL ID

2014-05-4001,2014-05-4002,2014-05-4003,2014-05-4004,2014-05-4005

ASK ABOUT THIS PROPERTY

Glenn GurvitchFloridas Property ManagementMore Info
561-418-7119

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Glenn GurvitchFloridas Property ManagementMore Info
561-418-7119

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