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Sarasota Skyline View Office Building
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240 N Washington Blvd, Sarasota, FL 34236

Seven-story office building with excellent signage and exposure.

Space Size240 SF - 6,689 SF
Property Size56,000 SF
Days on Market1482

Property Features for 240 N Washington Blvd

General Information

Standard status Active
Size 240 SF - 6,689 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 56,000 SF
Tenancy Multiple

Spaces For Lease

at 240 N Washington Blvd Contact us

Suite 200

Size
1,265 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 302

Size
341 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
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Suite 320

Size
240 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 100

Size
6,689 SF
Type
Office
Availability
Active
Contact us

Suite 240

Size
807 SF
Type
Office
Availability
Active
Contact us

Suite 260

Size
2,496 SF
Type
Office
Availability
Active
Contact us

Suite 280

Size
1,559 SF
Type
Office
Availability
Active
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Suite 300

Size
240 SF
Type
Office
Availability
Active
Contact us

Suite 430

Size
1,310 SF
Type
Office
Availability
Active
Contact us

Suite 520

Size
1,677 SF
Type
Office
Availability
Active
Contact us

Suite 530

Size
687 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Harry E Robbins Associate
Listed By: Kevin Robbins · License #SL3042951
Source: Crexi
Added: Aug 13, 2022 Changed: Aug 28 Last Checked: Sep 2 at 12:46AM

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 Harry E Robbins Associate

Investment Insights

Based on property information with market context.

This newly acquired seven-story office building is located at the entrance to downtown Sarasota, at the corner of US 301 and Fruitville. The freestanding building offers views of the Sarasota skyline and features excellent signage and exposure at a lighted intersection with heavy traffic. The building contains over 50,000 square feet of leasable space. Ground floor retail space is currently occupied by Chase Bank. Floors 3 through 7 feature an indoor atrium, providing an abundance of natural light through exterior and interior windows. The third floor is configured as an executive suite with large private offices, common conference rooms, and a kitchenette, with direct access to the atrium. The 4th and 5th floors are divided into office suites ranging in size from 500 to 1,200 square feet, while the 6th and 7th floors (penthouse) offer large open plans for single users. The building is under new ownership and management, with plans in process for interior updates. The building is surrounded by future development, with projects underway and planned to add residential apartments, hotels, retail, and office space to the area.

Key Highlights

  • Spectacular views of the Sarasota skyline.
  • Prime location at the entrance to downtown Sarasota with excellent signage and exposure on US 301 and Fruitville.
  • Significant leasable space (over 50,000 s/f) within a seven‑story structure.

Property Analytics

Current Use

Chase Mortgage Loan Service MethodFactory - Full-Service Digital ... Advertising Agency Mark Porter, Ed.D., ... Physician Sylint Group Business Management Consultant Interactive Computer Electronics & Wireless Store

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Florist Fish Market Farmer's 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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,388
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value

Market

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?
Office building - Seven-story office building with excellent signage and exposure.
Where is this office building located?
The property is located at 240 N Washington Blvd Sarasota, FL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Spectacular views of the Sarasota skyline.; Prime location at the entrance to downtown Sarasota with excellent signage and exposure on US 301 and Fruitville.; Significant leasable space (over 50,000 s/f) within a seven‑story structure.
(941) 724-2321 Call to check price and availability
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