Property profile

1 Mile To Bch Sarasota, FL 34231

OFF-MARKET
Retail properties & Spaces
1,800 SF Built 2022
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Property summary

AI-generated overview

This thriving Sarasota restaurant, built in 2022, is available for sale at $225,000. Located less than a mile from the beach in a high-traffic area (over 33,500 cars daily), this 1,800 square foot end-cap space boasts 60 indoor seats and potential for outdoor patio expansion. The lease, expiring March 7, 2026, includes a favorable rate of $1,900 per month, covering all CAMs and taxes, with a 1-5 year option remaining. The fully equipped kitchen features a 12-foot hood, prep coolers, a 4-foot chef's base, and commercial-grade refrigeration. The dining area includes four flat-screen TVs and a complete security camera system. The business generated net sales of $285,862.68 in 2023, with an owner benefit of $96,476.31. The sale includes all existing equipment

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 1,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Mile To Bch Sarasota, FL 34231
Sarasota metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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