Open-Plan Restaurant
For Lease
$3,250,000
5610 Gulf Of Mexico Dr, Longboat Key, FL 34228
Two entry points and connected gas service support flexible food-and-beverage buildout.
Space SizeContact for details
Property Size9,611 SF
Days on Market124
Property Features for 5610 Gulf Of Mexico Dr
General Information
Standard status
Active
Size
9,611 SF
Property subtype
Retail
Additional Details
Space Use
Restaurant
Utilities to Site
Yes
Building Details
Building Size
9,611 SF
Year Built
1986
Listing Agency:
American Property Group of Sarasota Inc
Listed By:
Adam Doak · License #3271713
(941) 923-0535
Source:
Americanpropertygroup
Added: Jun 16
Changed: Oct 1
Last Checked: Oct 16 at 7:50AM
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 American Property Group of Sarasota Inc
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Investment Insights
Based on property information with market context.
Restaurant space at Paradise Isle Plaza features a mostly open interior and two separate entrances, allowing different service and circulation layouts. Gas service is already connected, and ownership is open to negotiating tenant improvement allowances for a qualified food-and-beverage operator and concept. The space has not previously operated as a restaurant.
The property is positioned along Gulf of Mexico Drive in Longboat Key, with frontage on a primary corridor and proximity to residential and beachfront communities. Paradise Isle Plaza includes established businesses and provides on-site parking. A dedicated outdoor patio and bar facing Gulf of Mexico Drive may also be negotiated as part of the restaurant concept.
The property is positioned along Gulf of Mexico Drive in Longboat Key, with frontage on a primary corridor and proximity to residential and beachfront communities. Paradise Isle Plaza includes established businesses and provides on-site parking. A dedicated outdoor patio and bar facing Gulf of Mexico Drive may also be negotiated as part of the restaurant concept.
Key Highlights
- Mostly open floor plan with two separate entry points
- Connected gas service supports restaurant buildout
- Ownership open to negotiating tenant improvement allowances
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34228, FL
7,505
Population
9,865
Households
0.8
Avg Household Size
71
Median Age
69%
College-Educated
99%
High-School Grad
4.1 sq mi
ZIP Area
1,830
Density / Sq Mi
$143,365
Median Household Income
$78,438
Median Earnings
$2,969
Median Rent
$959,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two entry points and connected gas service support flexible food-and-beverage buildout.
Where is this conventional restaurant located?
The property is located at 5610 Gulf Of Mexico Dr Longboat Key, FL.
What is the lease rate?
The lease rate is $3,250,000.
What are key features of this property?
This property features: Mostly open floor plan with two separate entry points; Connected gas service supports restaurant buildout; Ownership open to negotiating tenant improvement allowances
