RESTAURANT OUTPARCELS - LAND LEASE, LAND SALE, OR BUILD-TO-SUIT
Vacant Land
for Sale
| Catylist Listing ID: |
30802624 |
| Property Subtypes: |
Retail, Retail-Pad, Other
|
| Gross Land Area: |
1 - 2 Acres
|
| Sale Price: |
See Agent |
| Sale Terms: |
Cash to Seller, Build-to-Suit, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/30/2022 |
Overview / Comments
LAND LEASE, LAND SALE, OR BUILD-TO-SUIT
EXCELLENT EXPOSURE. 1-2 OUTPARCELS AVAILABLE. Out-parcel(s) are part of an 11-acre commercial site which will encompass two hotels, including a 6-story, 120-room Hilton Home2Suites hotel, a Marriott Hotel (proposed). Ideal build to suit development opportunity for a freestanding Starbucks/coffee shop with drive through (1500-2000 SF) and national Bar & Grill restaurant concept (5000-8000SF), or one building comprising both. This is the first commercial site off the interstate. Just .57 miles off I-75 (92,000 AADT). 300’ of frontage on Laurel Road.
Across from Sarasota Memorial Regional Hospital - Pad Site on new development including Hilton Home2Suites and Marriott hotel (proposed).
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Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Submarket/Township: |
Laurel - River Rd |
| Taxing Authority: |
Sarasota County |
| Tax ID/APN: |
0378120002 |
| Zoning: |
OUE |
| Property Located Between: |
I-75 and US-41 |
| Property Visibility: |
Excellent |
| Legal Description: |
LOT 13 LESS SLY 10 FT FOR LAUREL RD IN OR 2070/1005 TWIN LAUREL ESTATES |
| Largest Nearby Street: |
Laurel Rd |
| Traffic/Vehicle Count: |
92,000 |
| Highway Access: |
I-75 |
| Airports: |
SRQ (Sarasota-Bradenton Airport) |
| Area Description: |
Property is located at the corner of Laurel Road E and Twin Laurel Boulevard, just .57 miles from I-75 (92,000 AADT). Site is the first commercial parcel off Exit 195 from I-75 on the west side of I-75. Across from Sarasota Memorial Regional Hospital.
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| Zoning Description: |
OUE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,741 |
28,998 |
66,518 |
| Median Age: |
62.56 |
63.51 |
62.74 |
| Households: |
1,399 |
15,310 |
34,363 |
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