48-52 S Palm Ave Sarasota, FL 34236
Retail space for lease in downtown Sarasota.
Property size:
1,582 SFLot size:
0.22 AcresProperty Features for 48-52 S Palm Ave
General Information
- Size
- 1,582 SF
- Lot size
- 0.22 Acres
Source:
Moodyscre
Listing Agent: Ian Black
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Newly Renovated Retail Space
This is a prime opportunity to lease newly renovated retail space on Palm Avenue in downtown Sarasota. The location, known as Sugar Palm Court, will feature a new courtyard setting. Outside seating will be provided. The space lends itself to a tenant mix that will provide a distinctive "sense of place". The tenant is responsible for NNN prorated costs in the $14.25 per square foot range annually, Florida sales tax, utilities, a base rent increase of 4% annually, a tenant's insurance policy, a security deposit plus first and last month's rent, and must sign a lease guaranty personally and corporately. The minimum lease term is 5 years.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.5430309
- Latitude
- 27.334769
Nearby Similar for Lease
FAQs
What type of property is this?
Retail space - Retail space for lease in downtown Sarasota.
Where is this retail space located?
The property is located at 48-52 S Palm Ave Sarasota, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: - Newly renovated retail space.; - Prime location on prestigious Palm Ave in downtown Sarasota.; - New courtyard setting with outside seating provided.