Sugar Suites Building 837 Sq Ft Suite for Lease

Office for Lease
Catylist Listing ID: 30820225
Property Subtypes: Office Building
Contiguous Space: 837 SF
Building Size (RSF): 6,690 SF
Gross Building Area: 7,388 SF
Gross Land Area: 9,930 SF
Lease Rate: $19.50 PSF (Annual)
Base Monthly Rent: $1,360
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Sugar Suites
Class of Space: Class B
Usable Size (USF): 6,690 SF
Last Updated: 11/15/2022

Overview / Comments

837 sq ft available for immediate occupancy.
On May 15, 2020, a mural of gratitude by local artist Karen Chandler debuted and was dedicated to our regions amazing health care workers.
The Sugar Suites building was completely renovated in the heart of downtown Sarasota. Ideal for a small professional group...law; accounting; architect; accounting; sales; etc.
On-site parking across from the Sarasota Memorial Hospital Administrative Headquarters.
New carpeting; brick accent wall; bright LED lighting; new fixtures; energy efficient HVAC; kitchenette with microwave; private bathroom; building entrance security system. Windows in every room.

NNN cost: $6.50 psf capped for first lease year. Subsequent years prorated based on 12.5% total expenses including: real estate taxes; insurance; CAM; utilities; interior janitorial plus 6.5% State of Florida sales tax.

Expand All Available Space

Suite: F 837 SF $19.50 PSF (Annual) NNN
Level/Floor: 2nd
Space Available: 837 SF
Lease Rate: $19.50 PSF (Annual)
$1,360 (Monthly)
Lease Type: NNN
Space Description: Recently remodeled, with Brick accent wall, new carpeting, lighting, HVAC and plumbing. Move-in ready.
Date Available: 10/10/2022
Lease Term: 36 Months
Space Type: Relet
Offices 3
Parking Spaces 2
Rent Escalators Other
Rent Escalators Description Base Rent increase 4% per year. NNN $6.50 per sq ft for first lease year. Revised prorations per subsequent years
Rent Concession N/A

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota and Sarasota County
Tax ID/APN: 2026150076
Zoning: DTC DOWNTOWN CORE
Property Located Between: Fruitville and Main Street Downtown Sarasota
Property Visibility: Excellent
Highway Access: Fruitville one block to the North. I-75 10 minutes to the East.
Airports: SRQ 15 minutes to the North
Site Description: One block's walking distance to Main Street and Downtown
Area Description: Urban.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1984
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Stand-alone building with rear private parking lot.
Parking Type: Surface
Parking Description: 2 dedicated spaces in building parking lot. Additional ample street parking.
Total Parking Spaces: 2
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Other
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Recently upgraded interior.
Zoning Description: Downtown Core
Lot Frontage: 86
Lot Depth: 115
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: normal utility

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,490 76,910 167,876
Median Age: 46.81 45.03 47.92
Households: 6,397 34,349 76,869
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