6355 Initiative Blvd Sarasota, FL 34240
This exceptional pre-construction retail and office space, totaling 3,596 square feet, is situated within the thriving Fruitville Commons Shopping Center in East Sarasota. Scheduled for occupancy in February/March 2025, this versatile space is ideal for a variety of uses, including retail, office, medical, or food service establishments. The property benefits from its strategic location off I-75, providing excellent access and high visibility. Fruitville Commons boasts a strong tenant mix of national and regional brands, including Dunkin' Donuts, Cooper's Hawk Winery and Restaurant, Clive Daniel Furniture, and Twin Peaks, ensuring a vibrant and established customer base. The surrounding area is experiencing significant growth, with new residential and mixed-use developments underway, further enhancing the property's long-term potential. High traffic counts are a significant advantage, with over 30,500 AADT on Fruitville Road and Jacobs intersection, and over 139,600 AADT on I-75 (at the shopping center exit). The area's robust demographics, including over 128,000 residents and 58,000 employees within the trade area, contribute to a strong market for this exceptional space. This is a rare opportunity to secure a prime location in a rapidly expanding area. The entire 3,596 square feet is available as one contiguous space.
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
Similar Nearby for Lease
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.