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    OFF-MARKET
    Neighborhood centers

    0 University Pkwy & Lockwood Rdg Rd, Sarasota, FL 34243

    170,558 SF
    Property ID
    Property summary
    AI-generated overview

    Parkway Collections offers a prime retail investment opportunity in Sarasota, Florida, situated at the high-traffic intersection of University Parkway and Lockwood Ridge Road, zip code 34243. This multi-tenant strip center boasts a total building area of 170,558 square feet, with multiple spaces available for lease. Currently, 3,470 square feet of retail space is vacant, offering flexible options ranging from a minimum of 1,300 square feet to a maximum contiguous space of 2,170 square feet. The property enjoys exceptional visibility from University Parkway and Lockwood Ridge Road, providing excellent exposure for businesses. Its convenient location offers easy access to US 41 and I-75, ensuring high traffic flow and customer accessibility. Ample parking is available for tenants and customers. The property's pass-throughs are $4.18. This is an exceptional opportunity to secure retail space in a thriving Sarasota location with high visibility and convenient access to major transportation arteries. The property is located in Florida County. Contact us today to learn more about leasing opportunities within this dynamic retail center.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 170,558 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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