Class-A Office Tower in
For Lease
Contact for pricing
240 S Pineapple Ave, Sarasota, FL 34236
Eleven-story Class-A office tower in the heart of Sarasota's business district.
Days on Market2913
Property Features for 240 S Pineapple Ave
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Ian Black Real Estate LLC
(941) 906-8688
Listed By:
Heidi Haber · License #3310805
Source:
Crexi
Added: Aug 13, 2018
Changed: Jul 6
Last Checked: Aug 2 at 9:56AM
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 Ian Black Real Estate LLC
Investment Insights
Based on property information with market context.
Located at 240 S. Pineapple Avenue in the heart of Sarasota’s business district, this 11-story, Class-A office tower has undergone a $4-million upgrade. The property features contemporary designs, elegant finishes, state-of-the-art security, and green practices. Situated at the epicenter of the retail corridor in downtown Sarasota, it is adjacent to the Aloft hotel and steps from upscale restaurants, bars, shops, and Whole Foods. The building is across the street from "The Mark" condo complex, which includes over 25,000 square feet of retail and office space. The property has a walkability score of 96 and offers ample parking.
Key Highlights
- Class‑A office tower in a prime location.
- Heart of Sarasota's business district and retail corridor.
- $4‑million upgrade with contemporary designs, elegant finishes, state‑of‑the‑art security, and green practices.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,281
Businesses Nearby
Explore this area
Business Placement
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
$813,119 /SF/Yr
Avg Asking Price
$37–$2,200,000 /SF/Yr
Price Range
6,562 SF
Avg Space Size
This space is priced 100% below the average of $813,119 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Eleven-story Class-A office tower in the heart of Sarasota's business district.
Where is this office building located?
The property is located at 240 S Pineapple Ave Sarasota, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Class‑A office tower in a prime location.; Heart of Sarasota's business district and retail corridor.; $4‑million upgrade with contemporary designs, elegant finishes, state‑of‑the‑art security, and green practices.
