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    4195 N Tamiami Trl Sarasota, FL 34234

    For Lease
    $1,200,000

    Restaurant property for lease on a high-traffic corner lot.

    Property size:
    3,000 SF
    Lot size:
    0.69 Acres

    Property Features for 4195 N Tamiami Trl

    General Information

    Size
    3,000 SF
    Lot size
    0.69 Acres

    Source: Mattis Advisors Agent Charlie Exelbirt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space on Tamiami Trail

    Located at the corner of Tamiami Trail (U.S. 41) and 42nd Street, this property is currently occupied by Kasa Sushi and Japanese Restaurant. The City of Sarasota is in the process of approving an apartment project on Tamiami Trail north of 42nd Street. The lease was signed in 2016 with a 3% annual escalator or CPI, whichever is greater. The tenant has options to renew their lease every 3 years, potentially allowing them to operate until 2028. The property size is 3000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kasa Sushi Japanese ... Japanese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5531516
    Latitude
    27.3704407

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    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant property for lease on a high-traffic corner lot.
    Where is this conventional restaurant located?
    The property is located at 4195 N Tamiami Trl Sarasota, FL.
    What are key features of this property?
    This property features: - High-traffic corner lot location on Tamiami Trail (U.S. 41) and 42nd Street.; - Existing tenant (Kasa Sushi and Japanese Restaurant) provides immediate income.; - Lease includes annual rent increases of 3% or CPI (whichever is greater).
    (561) 910-0175
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    4195 N Tamiami Trl Sarasota, FL 34234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4195 N Tamiami Trl Sarasota, FL 34234
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