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Downtown Sarasota Office or Retail
For Lease
$39 SF/Yr

1517 State St, Sarasota, FL 34236

1,300 SF office or retail space in downtown Sarasota.

Space Size1,300 SF
Property Size14,352 SF
Days on Market170

Property Features for 1517 State St

General Information

Standard status Active
Size 1,300 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 14,352 SF
Year Built 2004

Spaces For Lease

at 1517 State St Contact us

Unit 102 $39/SF/Yr

Size
1,300 SF
Type
Office or Retail
Term
Negotiable
Contact us
Listing Agency:
Listed By: Ken Hoskinson, Jr. · License #FL #SL 648297
Source: Hembreeco
Added: Mar 6 Changed: Aug 17 Last Checked: Aug 22 at 3:55AM

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 Ken Hoskinson, Jr.

Investment Insights

Based on property information with market context.

This 1,300 square foot space is located in downtown Sarasota and is suitable for office or retail use. The space features multiple offices and street front glass. The property is situated on State Street.

Key Highlights

  • Downtown Sarasota location on State St.
  • 1,300 SF Office or Retail Space
  • Street Front presence with street front glass

Property Analytics

Current Use

Edward Jones - Financial ... Financial Advisor The Law Office of Robert ... Law Firm Siesta Key Films Film Production State Street Funding Consultant Payserv Systems Business To Business Service

Suggested Use

Top Pick Auto Parts Store Veterinary Clinic Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store Pet 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

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,353
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value

Market

Lease Benchmarks for Sarasota, FL

$45.39 /SF/Yr
Avg Asking Price
$17–$250 /SF/Yr
Price Range
4,687 SF
Avg Space Size

This space is priced 14% below the average of $45.39 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 1,300 SF office or retail space in downtown Sarasota.
Where is this office units located?
The property is located at 1517 State St Sarasota, FL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Downtown Sarasota location on State St.; 1,300 SF Office or Retail Space; Street Front presence with street front glass
More about this property
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