0 University Pkwy & Lockwood Rdg Rd, Sarasota, FL 34243
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.