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Retail/Office Space in Shopping Center
For Lease
$71,400 SF/Yr

110-6355 Initiative Blvd, Sarasota, FL 34240

Retail/office space available within Fruitville Commons Shopping Center with access off I-75.

Property Size1,700 SF
Days on Market681

Property Features for 110-6355 Initiative Blvd

General Information

Standard status Active
Size 1,700 SF
Net Rentable 1,700 SF

Space & Availability

Available Space 1,700 SF
Contiguous Space 1,700 SF
Space Use Office
Sublease No

Site & Location

Anchor Co-Tenants Dunkin' Donuts, Cooper's Hawk Winery and Restaurant, Clive David Furniture, Twin Peaks
Traffic Count 30,500 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: PREFERRED SHORE LLC
Listed By: Kurt Kraus II, LLC · License #3338873
Source: Exprealty
Added: Sep 19, 2024 Changed: Jul 30 Last Checked: Jul 31 at 1:51PM

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 PREFERRED SHORE LLC

Investment Insights

Based on property information with market context.

Retail/office space totaling approximately 1,700 SF (about 20x80) is available for lease within Fruitville Commons Shopping Center. The space is suited for retail, office, medical, or food uses.

Fruitville Commons offers a strong mix of national and regional tenants, including Dunkin' Donuts, Cooper's Hawk Winery and Restaurant, Clive David Furniture, and Twin Peaks. The shopping center is located off I-75 and near newer residential and mixed-use development.

Area support for the trade includes 30,500+ AADT on Fruitville Road and the Jacobs intersection, and 139,600+ AADT on I-75 with an exit for the shopping center.

Key Highlights

  • Approximately 1,700 SF (about 20x80) retail/office space available
  • Located in Fruitville Commons Shopping Center
  • Suitable for retail, office, medical, or food use

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$10,710.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 34240, FL

14,428
Population
7,570
Households
1.9
Avg Household Size
49
Median Age
52%
College-Educated
98%
High-School Grad
66.5 sq mi
ZIP Area
217
Density / Sq Mi
$126,048
Median Household Income
$53,284
Median Earnings
$2,306
Median Rent
$622,100
Median Home Value

Market

Lease Benchmarks for Sarasota, FL

$39.21 /SF/Yr
Avg Asking Price
$32–$43.44 /SF/Yr
Price Range
1,387 SF
Avg Space Size

This space is priced 181973% above the average of $39.21 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office space available within Fruitville Commons Shopping Center with access off I-75.
Where is this retail space located?
The property is located at 110-6355 Initiative Blvd Sarasota, FL.
What is the lease rate?
The lease rate is $71,400.
What are key features of this property?
This property features: Approximately 1,700 SF (about 20x80) retail/office space available; Located in Fruitville Commons Shopping Center; Suitable for retail, office, medical, or food use
More about this property
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