48-52 S Palm Ave

Retail: Mixed Use

48 - 52 S Palm Ave, SarasotaFL 34236

Property Details

Location

Address
48 - 52 S Palm Ave, SarasotaFL 34236
County
Sarasota
Submarket
Sarasota
Parcels
2027050034

Building Size

Building Size
6,232 SF
Rentable Space
6,368 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
1
Occupancy Type
Multi-tenant
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Primary Const.
Framed
Parking Ratio

Land & Utilities

Land (Acres)
0.22 Acres
Land (SF)
9,583 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
DTB
Lot Depth
Lot Width

Contacts

Current Listings

Sugar Court

Retail For LeaseSuite 48 S Palm Ave
1,582 SF
IAN BLACK REAL ESTATE LLC

Prime opportunity to lease newly renovated retail space on prestigious Palm Ave in the heart of downtown Sarasota. Sugar Palm Court will benefit from a new courtyard setting which will be a unique addition to the retail mix on Palm Avenue. Outside seating will be provided for the benefit of new tenants. This location lends itself to a carefully curated tenant mix that will provide a distinctive "sense of place".

Tenant responsible for:

-NNN prorated costs (including CAM) expected to be in the $10 psf range annually.

-State of Florida sales tax

-Utilities

-Base rent increase 4% annually

-Tenant's insurance policy

-Security deposit plus first and last month's rent

-Tenant to sign lease Guaranty personally and corporately

-3-year minimum lease...longer is better.

IAN BLACK REAL ESTATE LLC

Prime opportunity to lease newly renovated retail space on prestigious Palm Ave in the heart of downtown Sarasota. Sugar Palm Court will benefit from a new courtyard setting which will be a unique addition to the retail mix on Palm Avenue. Outside seating will be provided for the benefit of new tenants. This location lends itself to a carefully curated tenant mix that will provide a distinctive "sense of place".

Tenant responsible for:

-NNN prorated costs (including CAM) expected to be in the $10 psf range annually.

-State of Florida sales tax

-Utilities

-Base rent increase 4% annually

-Tenant's insurance policy

-Security deposit plus first and last month's rent

-Tenant to sign lease Guaranty personally and corporately

-3-year minimum lease...longer is better.

View Details
View Details

Sugar Court

Retail For LeaseSuite 50 S. Palm Ave
1,582 SF
IAN BLACK REAL ESTATE LLC

Prime opportunity to lease newly renovated retail space on prestigious Palm Ave in the heart of downtown Sarasota. Sugar Palm Court will benefit from a new courtyard setting which will be a unique addition to the retail mix on Palm Avenue. Outside seating will be provided for the benefit of new tenants. This location lends itself to a carefully curated tenant mix that will provide a distinctive "sense of place".

Tenant responsible for:

-NNN prorated costs (including CAM) expected to be in the $10 psf range annually.

-State of Florida sales tax

-Utilities

-Base rent increase 4% annually

-Tenant's insurance policy

-Security deposit plus first and last month's rent

-Tenant to sign lease Guaranty personally and corporately

-3-year minimum lease...longer is better.

IAN BLACK REAL ESTATE LLC

Prime opportunity to lease newly renovated retail space on prestigious Palm Ave in the heart of downtown Sarasota. Sugar Palm Court will benefit from a new courtyard setting which will be a unique addition to the retail mix on Palm Avenue. Outside seating will be provided for the benefit of new tenants. This location lends itself to a carefully curated tenant mix that will provide a distinctive "sense of place".

Tenant responsible for:

-NNN prorated costs (including CAM) expected to be in the $10 psf range annually.

-State of Florida sales tax

-Utilities

-Base rent increase 4% annually

-Tenant's insurance policy

-Security deposit plus first and last month's rent

-Tenant to sign lease Guaranty personally and corporately

-3-year minimum lease...longer is better.

View Details
View Details
BROKER

Source: MFCRE

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