North Port Place

Shopping Center for Sale
Catylist Listing ID: 30329157
Property Subtypes: Strip Center
Building Size (RSF): 19,230 SF
Gross Land Area: 2.28 Acres
Sale Price: $3,800,000
Unit Price: $197.61 PSF
Property Use Type: Investment
Building Name: North Port Place
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 85
Last Updated: 10/5/2018

Overview / Comments

Great Retail Plaza with excellent exposure on Tamiami Trail located near the intersection of Sumter Blvd and Tamiami Trail on the Miracle Mile of North Port. North Port is the largest MSA in Sarasota and one of Florida's fastest growing cities and was recently ranked as one of Florida's safest cities in which to live and work. Only a short distance form the new West Villages Development and the new Atlanta Braves Training Facility.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 1000240005
Zoning: CG
Retail Clientele: Business
Property Located Between: Sumter Blvd and Tamiami Trail
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail US 41
Feet of Frontage: 298
Highway Access: Tamiami Trail
Airports: RSW
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2003
Construction/Siding: Block
Exterior Description: Clean and well maintained
Parking Description: Surface parking
Total Parking Spaces: 105
Sprinklers: Wet
Air Conditioning: Other
Zoning Description: Commercial General
Lot Frontage: 298 on Tamiami Trail
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Folio #1000240005

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,466 34,841 63,927
Median Age: 59.56 47.1 46.64
Households: 3,205 14,691 26,607

Contact

Photograph of Listing Agent

Howard Corr

CORR COMMERCIAL ADVISORS LLC
MFCRE Member
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