7500 Is Cv Ter Sarasota, FL 34240
This exceptional 1,553-square-foot retail space, located in the vibrant Waterside Place at Lakewood Ranch, presents a unique opportunity for a discerning business. Situated on the ground floor of a two-story, 42,314-square-foot building constructed in 2021, this space boasts a large covered patio ideal for outdoor seating, perfectly complementing the lively atmosphere of the center. Never before occupied, this unit offers a blank canvas for your vision. Waterside Place is Sarasota's first lakefront shopping destination, attracting significant foot traffic, including 4,000-8,000 visitors weekly to its popular Sunday farmers market. The development features a walkable design with wide, 25-foot sidewalks, creating a welcoming environment for shoppers and diners. The property includes an elevator for convenient access to all levels. Enjoy excellent visibility and accessibility, with easy access to Interstate 75 and proximity to both Sarasota (20 minutes) and Tampa (50 minutes). This is an unparalleled opportunity to establish your business in a thriving, high-traffic location within a premier mixed-use development. The space is part of a larger building with multiple suites, but this specific unit is the only currently available 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
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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.