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Retail Space in Mixed-Use Center
For Lease
$42 SF/Yr

6355 INITIATIVE Boulevard, Sarasota, FL 34240

Commercial Lease, SARASOTA, FL

Space Size1,700 SF
Lot Size0.28 Acres
Days on Market48

Property Features for 6355 INITIATIVE Boulevard

General Information

Property type Commercial Lease
Property subtype Other
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
Size 1,700 SF
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, SUBJ TO 144 SF UTILITY ESM TO SARASOTA COUNTY AS DESC IN ORI 2025135070
Tax Annual Amount 15791
Legal Description UNIT B-4-F, FRUITVILLE COMMONS LAND CONDOMINIUM, AMENDED PER ORI 2021052186 & 2021052188, SUBJ TO 144 SF UTILITY ESM TO SARASOTA COUNTY AS DESC IN ORI 2025135070

Building Details

Year built 2025
Building materials Block
Listing Agency: PREFERRED SHORE LLC
Listed By: Kurt Kraus II, LLC · License #3338873
Added: Aug 12 Changed: Aug 19 Last Checked: Sep 28 at 10:06AM
MLS# A4701461

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.

Unit #110 offers approximately 1,700 square feet in a cold dark shell configuration within Fruitville Commons Shopping Center. The space measures approximately 20x80 and is identified for retail, office, medical, or food uses. Block construction and a 2025 build provide a new commercial setting for tenant improvements.

The center is located at 6355 Initiative Boulevard in Sarasota, near the Fruitville Road and Jacobs Street intersection and I-75. Reported traffic volumes reach 30,500+ AADT at Fruitville Road and Jacobs and 139,600+ AADT on I-75 at the shopping center exit. Existing surrounding tenants include Dunkin' Donuts, Cooper's Hawk Winery and Restaurant, Clive David Furniture, and Twin Peaks. The property is zoned PED.

Key Highlights

  • 1,700‑square‑foot Unit #110 available in cold dark shell condition
  • Approximately 20x80 retail/office configuration
  • Located within Fruitville Commons Shopping Center

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Food Market

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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

779
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sarasota, FL

$36.09 /SF/Yr
Avg Asking Price
$17.5–$50 /SF/Yr
Price Range
5,207 SF
Avg Space Size

This space is priced 16% above the average of $36.09 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Cold dark shell offering flexible retail or office space within a tenant-rich shopping center.
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: 1,700‑square‑foot Unit #110 available in cold dark shell condition; Approximately 20x80 retail/office configuration; Located within Fruitville Commons Shopping Center
More about this property
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