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Freestanding Bank Building
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5221 Clark Road, Sarasota, FL 34233

Existing banking improvements include teller lanes and a sublease structure with renewal options.

Property Size3,320 SF
Days on Market144

Property Features for 5221 Clark Road

General Information

Standard status Active
Size 3,320 SF
Property subtype Retail

Building Details

Year Built 2003
Listing Agency: Colliers International Clearwater - Damien Carriero - All PRO
Listed By: Christopher Leonard · License #FL
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:47PM

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 Colliers International Clearwater - Damien Carriero - All PRO

Investment Insights

Based on property information with market context.

The offering comprises a freestanding 3,320-square-foot bank building completed in 2003. Three teller lanes are incorporated into the facility, which is being offered as a transfer of the building improvements rather than as a standalone land transaction.

The property is at 5221 Clark Road in Sarasota, Florida, along a major thoroughfare and minutes from Interstate 75. The transaction is subject to assignment and assumption of the ground sublease. Its initial 20-year term expired in 2023, and the sublease includes four additional five-year renewal options.

Key Highlights

  • 3,320 SF freestanding bank building
  • Built in 2003
  • Three teller lanes

Property Analytics

Current Use

PrimeHealth Urgent Care ... Medical Clinic

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Parking Lot & Garage Nail Salon Dental Office

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

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby
229k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Dining 30% Groceries 26% Apparel 5%
Chick-fil-A Dining
45,967 visits/mo 0.2 miles
Wawa Shops & Services
45,116 visits/mo 0.2 miles
Walmart Neighborhood Market Groceries
30,625 visits/mo 0.3 miles
Publix Groceries
28,086 visits/mo 0.3 miles
Shell Shops & Services
17,161 visits/mo 0.1 miles

Demographics for 34233, FL

18,723
Population
9,427
Households
2
Avg Household Size
52
Median Age
41%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,069
Density / Sq Mi
$77,041
Median Household Income
$44,222
Median Earnings
$1,787
Median Rent
$364,300
Median Home Value

Market

Vacancy Rate% for Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Existing banking improvements include teller lanes and a sublease structure with renewal options.
Where is this bank located?
The property is located at 5221 Clark Road Sarasota, FL.
What are key features of this property?
This property features: 3,320 SF freestanding bank building; Built in 2003; Three teller lanes
More about this property
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