Superb Retail Space at Orange Club

Retail-Commercial for Lease
Catylist Listing ID: 30091278
Property Subtypes: Street Retail
Building Status: Under Construction
Contiguous Space: 1,503 SF
Gross Building Area: See Agent
Lease Rate: $22 PSF (Annual)
Base Monthly Rent: $2,755
Lease Types: NNN
Building Name: Orange Club
Last Updated: 2/2/2018

Overview / Comments

Unique opportunity to locate your retail or office operation on the ground floor of one of downtown's newest contemporary buildings. Orange Club by the Van Dyk Group will have 15 condominium residences and only ONE commercial space for lease!
Great North and South bound exposure with constant vehicular and pedestrian traffic. Located 4 minutes from Sarasota's downtown city center.
The Historic Burns Square District is home to many popular restaurants and shops. Selby Gardens is just a few blocks away. Space for sale also at $699,900.

Expand All Available Space

Suite: Unit 2 1,503 SF $22 PSF (Annual) NNN
Level/Floor: Ground
Space Available: 1,503 SF
Lease Rate: $22 PSF (Annual)
$2,755 (Monthly)
Lease Type: NNN
Space Description: Orange Club retail space located on ground floor of a new contemporary architecture residential condominium building with 15 units. Flexibility to configure build-out of space to fit tenant's needs.
Occupancy 120 days after lease execution.
Tenant responsible for: real estate taxes; HVAC maintenance; monthly condo fee (water/sewer CAM); interior maintenance and janitorial; interior liability, fire and plate glass insurance; state sales tax. Space also for sale at $699,900.
Date Available: 4/30/2018
Lease Term: 60 Months
Space Type: New
Rent Escalators Other
Rent Escalators Description 3% each year

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota
Retail Clientele: General, Business
Property Located Between: Alderman and Oak St
Property Visibility: Excellent
Largest Nearby Street: HWY 41 or Ringling
Highway Access: Via Tamiami Trail (U.S. 41)
Airports: SRQ 15 minutes
Site Description: Ground Floor Suite in new contemporary building
Area Description: Vibrant Historic Burns Square District
Property Condition: Excellent
Year Built: 2017
Exterior Description: New Construction...Contemporary Design
Parking Type: Surface
Parking Description: Municipal lot and street parking
Heat Type: Electricity
Air Conditioning: Engineered System
Interior Description: Prior to tenant customization: Space will be dry-walled. Electrical min 100 amp, max 200 amp. Temporary lighting. Washroom 3 piece rough-in below slab. Kitchenette rough-in below slab. 1/2" cold water line. Smooth concrete slab. Landlord will provide $25 psf custom build-out allowance. Preferred type of tenant: Business Services, Financial Services or General Retail. No restaurants.
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: normal utility

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,950 81,721 166,436
Median Age: 48.31 45.49 48.48
Households: 5,880 36,742 77,169
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