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Property profile & analytics
FOR LEASE
Community centers

3501 S Tamiami Trl Sarasota, FL 34239

92,852 SF 7.43 ac lot Built 1992
Entity Owned 11-yr Hold Free & Clear
Property ID
US18-4409238
Property summary
AI-generated overview

This exceptional 8,590 square foot retail space is available for sublease at 3501 S Tamiami Trail in Sarasota, Florida, within the Crossings at Siesta Key shopping center. The entire building, totaling 8,590 square feet, is currently vacant and presents a unique opportunity for a single tenant to occupy a substantial retail presence in a high-traffic location. Situated in Sarasota County, this property boasts excellent visibility and accessibility from a major thoroughfare. The property type is classified as retail commercial, offering a versatile space suitable for a wide range of businesses. The address is conveniently located at 3501 S Tamiami Trail, Sarasota, FL 34239, providing easy access for customers and employees. This sublease opportunity allows for immediate occupancy, eliminating the need for extensive build-out time. The property's size and location make it ideal for a business seeking significant retail space in a thriving Sarasota community. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is categorized as multiple tenancy, although the entire space is currently available. This presents a rare chance to establish a substantial presence in a desirable retail location. The property's location in Sarasota County, Florida, offers access to a strong consumer base and a vibrant local economy. This sublease presents a compelling opportunity for a business seeking immediate occupancy and a prominent retail location.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 92,852 SF
Lot 7.43 ac (323,650 SF)
Zoning code CSC
APN 0057-12-0034
UPID US18-4409238
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
Current use
Occupant on record · Public records
  • VINTIQUITY LANE -POP-UP SERIES -3rd SAT in NOV 21,2020,JAN 16, 2021,FEB 20, 2021, MAR 20, 2021 Home Decor Store (Bike/Boat/Book/etc) Store
  • Empire Gallery Home Decor Store Department Store
  • LA Fitness Gym & Fitness Center
  • Florida Currency Exchange Currency Exchange Service
  • Oh La La Moda, LLC Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.40M
Owner & transaction history
Siesta Retail LLC · 11 yrs held
Siesta Retail LLC
since 2014
1 recorded transaction
2014
$10.0M
Zoning & alternative use
CSC · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Commercial Shopping Center (CSC) is intended to provide for the development of planned commercial developments on larger sites

Zone name Commercial Shopping Center
General category COMMERCIAL
Zone area 38.53 ac
Source Realmo
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