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Retail and Office Space in Shopping Center
For Lease
$42 SF/Yr

6355 INITIATIVE Boulevard, Sarasota, FL 34240

COMMERCIAL - SARASOTA, FL

Property Size1,700 SF
Lot Size0.28 Acres
Days on Market681

Property Features for 6355 INITIATIVE Boulevard

General Information

Property type Commercial Lease
Property subtype Retail
Zoning PED
Subdivision FRUITVILLE COMMONS LAND CONDO
Directions I75 Southbound to Fruitville Rd. East. Head North on Lakewood Ranch Blvd. Take 2nd exit off traffic circle onto Coburn Rd. heading South. Make first right onto Initiative Blvd. heading West. Go through circle and property is on left.
Standard status Active
APN 0215031011
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT B-4-F, FRUITVILLE COMMONS LAND CONDOMINIUM, AMENDED PER ORI 2021052186 & 2021052188
Tax Annual Amount 18241
Legal Description UNIT B-4-F, FRUITVILLE COMMONS LAND CONDOMINIUM, AMENDED PER ORI 2021052186 & 2021052188

Utilities

Cooling system Central Air

Building Details

Year built 2025
Floors in Building 1
Building materials Block
Listing Agency: PREFERRED SHORE LLC
Listed By: Kurt Kraus II, LLC · License #3338873
Added: Sep 19, 2024 Changed: Jul 31 Last Checked: Jul 31 at 11:06PM
MLS# A4622279

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Retail/office space totaling approximately 1,700 SF (about 20x80) is available for lease within Fruitville Commons Shopping Center. The unit is constructed with block and includes central air. The property sits on a 0.28-acre site and was built in 2025, offering a new-build configuration suited to retail, office, medical, or food uses.

Fruitville Commons is described as a premier mixed-use consumer destination in East Sarasota. The center’s tenant mix includes Dunkin’ Donuts, Cooper’s Hawk Winery and Restaurant, Clive David Furniture, and Twin Peaks. The shopping center is positioned off I-75, near Fruitville Road and the Jacobs intersection, with traffic counts reported as 30,500+ AADT on Fruitville Road and Jacobs and 139,600+ AADT on I-75 (Exit for Shopping Center).

Key Highlights

  • Approximately 1,700 SF retail/office space (about 20x80)
  • 0.28‑acre site
  • PED zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Department Store

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 34240, FL

14,428
Population
7,570
Households
1.9
Avg Household Size
49
Median Age
52%
College-Educated
98%
High-School Grad
66.5 sq mi
ZIP Area
217
Density / Sq Mi
$126,048
Median Household Income
$53,284
Median Earnings
$2,306
Median Rent
$622,100
Median Home Value

Market

Lease Benchmarks for Sarasota, FL

$39.21 /SF/Yr
Avg Asking Price
$32–$43.44 /SF/Yr
Price Range
1,387 SF
Avg Space Size

This space is priced 7% above the average of $39.21 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office space on 0.28 acres with central air and PED zoning, available inside Fruitville Commons in East Sarasota.
Where is this retail space located?
The property is located at 6355 INITIATIVE Boulevard Sarasota, FL.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Approximately 1,700 SF retail/office space (about 20x80); 0.28‑acre site; PED zoning
More about this property
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