Fully Rented Strip
2781 Bee Ridge Road SARASOTA Sarasota, FL 34239
2781 Bee Ridge Road SARASOTA, Sarasota, FL, 34239
$2,100,000
Pending
For Sale
$2,100,000
Pending
Fully rented strip mall on Bee Ridge Road with newly installed roof and ample parking.
Property Size6,588 SF
Days on Market18
Property Features for 2781 Bee Ridge Road SARASOTA
General Information
- Standard status
- Pending
- Size
- 6,588 SF
Building Details
- Year Built
- 1966
Listing agency
(904) 569-5862
Listed by
Tory Atkins
(904) 569-5862
Source
Movetojacksonville
Added: Jul 5 Updated: Jul 20 at 10:00PM Checked: Jul 21 at 3:28AM
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 Tory Atkins
Investment Insights
Based on property information with market context.
This fully rented strip mall offers a maintained, cohesive retail property with plenty of parking and an updated roof installed in February 2026. The asset is presented as Wonderfully Maintained and includes no HOA or condo fees.
Located at the entrance of Tuttle Bee Plaza on Bee Ridge Road in Sarasota, Florida, the property sits within a dense residential area. It is described as minutes away from U.S. 41 (Tamiami Trail), World Renowned Siesta Key Beach, and Interstate I-75. Reported daily traffic counts include approximately 30,500 on Bee Ridge and approximately 25,500 on Tuttle Ave.
As an existing, leased strip center, the property provides stabilized occupancy through its current tenant base.
Located at the entrance of Tuttle Bee Plaza on Bee Ridge Road in Sarasota, Florida, the property sits within a dense residential area. It is described as minutes away from U.S. 41 (Tamiami Trail), World Renowned Siesta Key Beach, and Interstate I-75. Reported daily traffic counts include approximately 30,500 on Bee Ridge and approximately 25,500 on Tuttle Ave.
As an existing, leased strip center, the property provides stabilized occupancy through its current tenant base.
Key Highlights
- Fully rented strip mall on Bee Ridge Rd in Sarasota, FL (Frankies Plaza).
- 1 building with 7,808 total building area on a 0.52‑acre lot (22,600 SF).
- New roof listed as February 2026.
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 | $118.6k | $18.00 |
| − Vacancy | −$2.8k | −$0.43 |
| EGI | $115.7k | $17.57 |
| − OpEx | −$34.7k | −$5.27 |
| NOI | $81.0k | $12.30 |
6,588 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.16M
$1.01M – $1.35M
NOI $81,017 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,613 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Sarasota Village — 3606 Bee Ridge Rd, Sarasota, FL 34233
- Southeast Plaza — 4210 Bee Ridge Rd, Sarasota, FL 34233
- Eco Smart — 4411 Bee Ridge Rd Suite #439, Sarasota, FL 34233
- Palm Plaza Shopping Center — 4458 Bee Ridge Rd, Sarasota, FL 34233
- Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 4230 Bee Ridge Rd, Sarasota, FL 34233
FAQs
What type of property is this?
Shopping center - Fully rented strip mall on Bee Ridge Road with newly installed roof and ample parking.
Where is this shopping center located?
The property is located at 2781 Bee Ridge Road SARASOTA Sarasota, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Fully rented strip mall on Bee Ridge Rd in Sarasota, FL (Frankies Plaza).; 1 building with 7,808 total building area on a 0.52‑acre lot (22,600 SF).; New roof listed as February 2026.
