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    6595 Midnight Pass Rd Sarasota, FL 34242

    For Lease
    $45 SF/Yr

    Prime Siesta Key retail, large footprint, high visibility.

    Lot size:
    102,530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 102,530 square foot retail space presents a rare opportunity on Siesta Key, Sarasota County, Florida. Located in Crescent Plaza, this single-tenant property boasts an unparalleled location directly across the street from the renowned Siesta Key Beaches, ensuring high foot traffic and visibility. Built in 1975, the building offers a flexible, open floor plan, ideal for a variety of retail or office uses. To enhance the property's appeal and modernize its street presence, the landlord is committed to updating the building frontage with a new storefront, creating a contemporary and inviting retail experience. The property's convenient location within a walkable plaza attracts both locals and tourists, providing a strong customer base. This significant retail space offers substantial potential for businesses seeking a high-traffic, prime location on one of Florida's most desirable beaches. The sheer size of the space presents a unique opportunity for a large-scale retail operation or a business requiring significant square footage. This is a truly exceptional offering in a highly sought-after location.

    Property Features for 6595 Midnight Pass Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,530 SF
    Total Rate
    384487.5

    Building Details

    Year Built
    1975

    Unit(s) available at that property

    Space
    Size
    9,053 SF
    Rate per SF
    $45

    HighLights

    • 102,530 SF single‑tenant retail space available for lease.
    • Located in Sarasota County on Siesta Key, across from Siesta Key Beach.
    • Building features an open floor plan.
    • Landlord will renovate the storefront for a modern retail appearance.
    • High‑traffic location in a walkable plaza popular with locals and tourists.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palm Parking Valet Parking Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.533331
    Latitude
    27.250168

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    FAQs

    What type of property is this?
    Retail property - Prime Siesta Key retail, large footprint, high visibility.
    Where is this retail property 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: 102,530 SF single-tenant retail space available for lease.; Located in Sarasota County on Siesta Key, across from Siesta Key Beach.; Building features an open floor plan.
    Request Owner's contact information
    6595 Midnight Pass Rd Sarasota, FL 34242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6595 Midnight Pass Rd Sarasota, FL 34242
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