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    2801 Fruitville Rd Sarasota, FL 34237

    For Lease
    $24 SF/Yr

    Sarasota Office Space, Flexible Sizes

    Lot size:
    33,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Penwest Park, located at 2801 Fruitville Rd, Sarasota, FL 34237, offers a diverse range of office spaces ideal for various business needs. This meticulously maintained Class B office park comprises three two-story buildings totaling 33,210 square feet, situated on a 7.82-acre lot. The property features a variety of suite sizes, ranging from a minimum of 756 square feet to a maximum contiguous space of 6,048 square feet, accommodating businesses of all scales. Multiple tenancy options are available within the six total suites. The park boasts ample free parking with 380 spaces, convenient access via four entrances, and high visibility along the Fruitville Road business corridor, a major east-west thoroughfare connecting I-75 to downtown Sarasota. Building amenities include 9-foot ceilings, elevators, and attractively landscaped courtyards with fountains and waterfalls. The property is conveniently located a few miles from I-75/US41, approximately 4.8 miles from Sarasota-Bradenton International Airport (SRQ), and a short drive from beaches, shopping, and restaurants. Power is supplied by Florida Power and Light. The zoning is ORD. Built in 1992, Penwest Park offers a blend of traditional, executive, medical, and creative office spaces, attracting a professional tenant base including doctors, attorneys, CPAs, and financial planners. Owner-managed with a focus on tenant satisfaction.

    Property Features for 2801 Fruitville Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,210 SF
    Class
    B
    Total Rate
    66420

    Building Details

    Year Built
    1992
    Buildings
    3
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,278 SF
    Rate per SF
    $24
    Space
    Suite 270
    Size
    756 SF
    Rate per SF
    $24
    Space
    Suite 240
    Size
    962 SF
    Rate per SF
    $24
    Space
    Suite 140
    Size
    1,972 SF
    Rate per SF
    $24
    Space
    Suite 290
    Size
    935 SF
    Rate per SF
    $24

    HighLights

    • Class B office park totaling 33,210 square feet on a 7.82‑acre lot.
    • Offers suites ranging from 756 to 6,048 square feet, accommodating various business sizes.
    • Features 380 free parking spaces, four entrances, and high visibility on Fruitville Road.
    • Amenities include 9‑foot ceilings, elevators, landscaped courtyards, and owner‑managed focus on tenant satisfaction.
    • Conveniently located near I‑75/US41, SRQ Airport, beaches, shopping, and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peggy Albano Therapy Counselor Sterling Lonne L Counselor SouthTech Computer Consultant SCORE Business Management Consultant Muscular Dystrophy Association Association Or Organization

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Manatee
    State
    Florida
    Longitude
    -82.5134443
    Latitude
    27.3380819

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    FAQs

    What type of property is this?
    Office space - Sarasota Office Space, Flexible Sizes
    Where is this office space located?
    The property is located at 2801 Fruitville Rd Sarasota, FL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Class B office park totaling 33,210 square feet on a 7.82-acre lot.; Offers suites ranging from 756 to 6,048 square feet, accommodating various business sizes.; Features 380 free parking spaces, four entrances, and high visibility on Fruitville Road.
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    2801 Fruitville Rd Sarasota, FL 34237
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    Sarasota, FL 34237
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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
    2801 Fruitville Rd Sarasota, FL 34237
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