Property profile

4141 S Tamiami Trl Sarasota, FL 34231

FOR LEASE
Strip malls
Property ID
US18-5236975
34,280 SF 2.32 ac lot Built 1986
Individually Owned 26-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This fully equipped restaurant in Sarasota, Florida presents a fantastic investment opportunity. Located at 4141 S Tamiami Trl, Sarasota, FL 34231, this single-tenant property boasts 3,250 square feet of space, ideal for continued operation or creative reimagining. The asking price is $150,000. The current lease agreement is a five-year term with a five-year option, providing excellent long-term stability. Monthly rent is $5,150 gross. The property is situated in Sarasota County and benefits from its established location and high visibility along Tamiami Trail. All existing restaurant equipment is included in the sale price, making this a truly turnkey operation. This is a rare chance to acquire a profitable, established business with significant growth potential in a thriving Florida market. The property's prime location ensures high foot traffic and easy access for customers. Serious inquiries are encouraged to explore this exceptional opportunity further. Financial details and lease specifics are available upon request.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 34,280 SF
Lot 2.32 ac (101,056 SF)
Zoning code ICD
APN 0074-12-0039
UPID US18-5236975

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Wedding Service Event Planning
  • Nail Salon
  • Electronics & Wireless Store
  • Wedding Service Event Planning
  • Hair Salon

Location

4141 S Tamiami Trl Sarasota, FL 34231
Sarasota metro Census 1804 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.45M
CAP Approach CAP
$9.33M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.92M

Owner & transaction history

since 2000
Last sale
$8.9M
3 recorded transactions
2000
$5.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ICD · Sarasota, FL
Zoning description

The Intensive Commercial district (ICD) is intended to provide areas where a wide range of employment opportunities without potential conflicts from interspersed residential uses

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message