Prime Retail Space in Downtown Sarasota

Office for Lease
Catylist Listing ID: 30841858
Property Subtypes: High-Tech, Mixed Use, Office Building, Other
Contiguous Space: 1,466 SF
Building Size (RSF): 1,187 SF
Gross Building Area: 50,000 SF
Lease Rate: $24 PSF (Annual)
Base Monthly Rent: $2,932
Lease Types: NNN
Building Name: 1500 State Street
Class of Space: Class A
Usable Size (USF): 1,466 SF
Core Factor: 0.15%
Last Updated: 5/26/2023

Overview / Comments

- Corner of State St and Lemon - heart of Downtown
- Great walkability to restaurants, businesses and stores
- New tenant space completed June 2019
- Adjacent to 400 Car City Parking Garage
- Across from newly built “The Mark”, a 157-unit condo
- 1,466 USF Office space

Expand All Available Space

Suite: 203 1,466 SF $24 PSF (Annual) NNN
Level/Floor: 2nd
Space Available: 1,466 SF
Lease Rate: $24 PSF (Annual)
$2,932 (Monthly)
Lease Type: NNN
Space Description: - Desirable space in the heart of Downtown Sarasota CBD
- 1,466 RSF Office space
- Adjacent to 400 Car City Parking Garage

This upcoming office opportunity featuring great visibility and access from Lemon Park Square. The building benefits from the city Parking Garage and have use of the garages loading zone and common trash areas. Lemon Ave is the city’s high end shopping district containing a Whole Foods, Jewelry Shop, Brooks Brothers, Hyde Park Steak House Call to discuss this unique opportunity today.

- Across from newly permitted “The Mark” 157 unit condo with 35,000 SF of retail and 15,000 SF of office space
- Fronts to Lemon Ave in high end shopping area of Downtown Sarasota
Space Subcategory: Office Building, Medical
Date Available: 6/1/2022
Lease Term: 84 Months
Space Type: New
CAM Expenses $9.50 PSF (Annual)
Rent Escalators Other

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2027060022
Zoning: DTC
Property Located Between: Pineapple and State Street on Lemon Ave
Property Visibility: Excellent
Site Description: 2nd floor of mixed use building in vibrant downtown Sarasota
Total Number of Buildings: 1
Number of Stories: 6
Typical SF / Floor: 5,000 SF
Year Built: 2017
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Structure
Parking Description: Parking is available at lowest charged rate in city garage.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Zoning Description: DTC (downtown core) allows for professional office use
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,847 77,506 157,355
Median Age: 50.18 45.61 48.42
Households: 5,486 34,891 72,805


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