55 S Blvd Pres
Retail-Commercial
for Lease
| Catylist Listing ID: |
30850614 |
| Property Subtypes: |
Street Retail, Other
|
| Contiguous Space: |
1,266 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$41.20 PSF (Annual)
|
| Base Monthly Rent: |
$4,346 |
| Lease Types: |
NNN |
| Usable Size (USF): |
1,266 SF |
| Last Updated: |
9/11/2023 |
Overview / Comments
Teaser rate available thru end of 2024 to finish off current sublease! Located just past the Met on the South Blvd of the Presidents spoke of St. Armands Circle, this is an ideal retail location with high walkability. The available unit is 1266 SF and shares an area to rear of the space with the other two tenants in the building providing a rear entrance as well as shared restrooms. Great opportunity to take advantage of being on the Key with an affordable lease rate. Rate starts at $41.20/SF NNN thru 2023 followed by a 3% escalation in 2024. Rate jumps to $50/SF NNN at the start of 2025. CAM estimated at $14.82/SF
Showings upon request, please do not disturb tenant.
|
| Level/Floor: |
1 |
| Space Available: |
1,266 SF |
| Lease Rate: |
$41.20 PSF (Annual)
$4,346 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Located just past the Met on the South Blvd. of the Presidents spoke of St. Armands Circle, this is an ideal retail location with high walkability. The available unit is 1266 SF and shares an area to rear of the space with the other two tenants in the building providing a rear entrance as well as shared restrooms. Great opportunity to take advantage of being on the Key with an affordable lease rate. |
| Space Subcategory: |
Fashion/Specialty |
| Date Available: |
8/1/2023 |
| Lease Term: |
36 Months |
| Space Type: |
Sublet |
| Rent Escalators |
Other |
| Rent Escalators Description |
Rate of $41.20/SF NNN Thru December 31, 2023 and 3% escalation for 2024
Rent Increases to $50/SF NNN beginning of 2025 |
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
2014050102 |
| Zoning: |
CT (COMMERCIAL, TOURIST) |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Visibility: |
Excellent |
| Highway Access: |
US-41, I-75 |
| Airports: |
Sarasota-Bradenton International Airport |
| Site Description: |
Located along the S Blvd of the Presidents spoke on St. Armands Key, this is a great retail location benefiting from the extremely high tourism and retail walkability associated with the spectacular St. Armands Circle. The space is located immediately to the right of The Met Fashion House Day Spa along South Boulevard of the Presidents. |
| Year Built: |
1963 |
| Year Renovated: |
2017 |
| Parking Type: |
Other |
| Parking Description: |
Street Parking |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,850 |
30,528 |
110,962 |
| Median Age: |
68.9 |
50.88 |
48.17 |
| Households: |
1,015 |
14,668 |
51,811 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither My Florida Commercial Real Estate nor
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