11975 Mezzo Dr, Venice, FL 34293
Retail property with corporate ground lease in Venice, Florida.
- Added:
- Mar 24, 2026
- Days on Market:
- 95
- Last Refresh:
- Mar 25 at 8:44 pm
Property Features for 11975 Mezzo Dr
General Information
- Standard status
- Active
- Size
- 20,664 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing office Atlantic Capital Partners (704) 375-7771
Listing date Mar 24, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners
HighLights
- Great investment opportunity with a 4.15% CAP Rate
- Features a 25‑Year Corporate Ground Lease
- Built in 2025
- Enjoy the benefits of New Construction
- Ground Lease
- Corporate Lease
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $495.9k | $24.00 |
| − Vacancy | −$34.7k | −$1.68 |
| EGI | $461.2k | $22.32 |
| − OpEx | −$138.4k | −$6.70 |
| NOI | $322.9k | $15.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.3906
- Latitude
- 27.0503
