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Siesta Key Retail Opportunity
For Lease
$45 SF/Yr

6595 Midnight Pass Rd, Sarasota, FL 34242

Rare large retail space near Siesta Key beaches.

Space Size9,053 SF
Property Size10,253 SF
Days on Market169

Property Features for 6595 Midnight Pass Rd

General Information

Standard status Active
Size 9,053 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 10,253 SF
Year Built 1975

Spaces For Lease

at 6595 Midnight Pass Rd Contact us

6595 Midnight Pass $45/SF/Yr

Size
9,053 SF
Term
Negotiable
Contact us
Listing Agency: Hembree & Associates Inc
Listed By: Joe C. Hembree, CCIM · License #3213168
Source: Hembreeco
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 22 at 3:45AM

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 Hembree & Associates Inc

Investment Insights

Based on property information with market context.

This is a rare large retail opportunity located in Crescent Plaza across the street from the Siesta Key beaches in Sarasota, FL. The floor plan is open and spacious. The landlord will update the building frontage with a new storefront to create a modern retail feel and better presentation to the street. The property is located on Siesta Key in the Southbridge Mall Crescent Plaza on Midnight Pass Rd, just south of Stickney Point Rd, the southern bridge access to Siesta Key Beach. The Southbridge area has a high concentration of rental condos and tourist beach residences. The property has dedicated parking, high visibility, and great signage potential. It is located in a high tourist traffic commercial district on Siesta Key. The landlord will work with the tenant to update the storefront. Locals and visitors are attracted to this walkable convenient plaza on Siesta Key.

Key Highlights

  • Located across from Siesta Key Beaches in a high tourist traffic commercial district.
  • High concentration of rental condos and tourist beach residences in the Southbridge area.
  • Landlord will update the building frontage with a new storefront.

Property Analytics

Current Use

Palm Parking Parking Lot & Garage

Suggested Use

Top Pick Law Firm Auto Repair Shop Building Supply Electrical Service Skin Care Clinic Auto Parts 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

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
9,387 visits/mo 0.0 miles

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value

Market

Lease Benchmarks for Sarasota, FL

$39.48 /SF/Yr
Avg Asking Price
$29–$45 /SF/Yr
Price Range
9,058 SF
Avg Space Size

This space is priced 14% above the average of $39.48 /SF/Yr.

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?
Retail space - Rare large retail space near Siesta Key beaches.
Where is this retail space located?
The property is located at 6595 Midnight Pass Rd Sarasota, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Located across from Siesta Key Beaches in a high tourist traffic commercial district.; High concentration of rental condos and tourist beach residences in the Southbridge area.; Landlord will update the building frontage with a new storefront.
More about this property
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