1965 S Tamiami Trail S, Venice, FL 34293
Strip center with three retail units and a restaurant space, offering on-site parking from two main roadways.
- Added:
- Dec 9, 2025
- Days on Market:
- 199
- Last Refresh:
- Jun 24 at 1:54 am
Property Features for 1965 S Tamiami Trail S
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1984
Listing office PREFERRED PROPERTIES OF VENICE INC (941) 485-9602
Listing date Dec 9, 2025
Source Xome
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 PROPERTIES OF VENICE INC
HighLights
- Strip center built in 1984 with three commercial units, including restaurant space
- Central air cooling and a no‑pool exterior
- 3, commercial units with long‑term rental history and 2 long‑term tenants in place
- Located on heavily traveled US 41 with rear street access
- Ample on‑site parking with access from Tamiami Trail and Englewood Road
- Parking lot recently repaved and lift station pump recently installed
Overview
The center is located along heavily traveled US 41, providing visibility to passing traffic. Access is available from both Tamiami Trail and Englewood Road, supporting customer convenience for retail and dining uses.
For buyers looking for an income-producing retail asset, the mix of three units and existing long-term tenancy provides an established operating base. The restaurant unit is particularly notable given its history, and a new restaurant tenant is set to open soon. With ample on-site parking and straightforward front and rear access, the property is positioned for tenants seeking a functional neighborhood retail location with direct vehicular access.
Local Financial Insights For Specialty 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 | $124.8k | $24.96 |
| − Vacancy | −$6.9k | −$1.37 |
| EGI | $117.9k | $23.59 |
| − OpEx | −$29.5k | −$5.90 |
| NOI | $88.5k | $17.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4143739
- Latitude
- 27.0601137
