SW Florida I-75 Interchange Building Pad

Vacant Land for Lease
Catylist Listing ID: 30807129
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 43,537 SF
Lease Rate: $150,000 (Annual)
$3.44 PSF (Annual)
Base Monthly Rent: $12,500
Lease Types: See Agent
Last Updated: 8/18/2022

Overview / Comments

This nearly one acre site is perfect for a restaurant or retail business looking for a high-traffic, retail dense area, surrounded by very affluent country club neighborhoods. The site sits positioned between two nationally recognized hotel chains; Tru by Hilton and Country Inn and Suites by Radisson, adjacent to a Publix anchored shopping center.

This building pad is part of the Tara Commercial District and is zoned Planned Development Commercial for a restaurant up to 5,000 sq ft with 63 parking spaces and off-site master-planned retention. Owner is seeking a long-term land lease with a nationally recognized restaurant group that would develop the site. Alternatively, the owner would also consider a build-to-suit lease agreement for a national credit tenant.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 1731704059
Property Located Between: Manor Hill Lane & Tera Boulevard
Property Visibility: Good
Legal Description: LOT 2 TARA COMMERCIAL TWO PI#17317.0410/9
Largest Nearby Street: S.R 70
Feet of Frontage: 157
Traffic/Vehicle Count: 62,000
Highway Access: I-75
Airports: Sarasota Bradenton AIrport
Site Description: Current Zoning - Planned Development Commercial- PDC Use - Planned for 5,000 Sq Ft Restaurant General Range of Uses - A variety of retail or restaurant uses may be permissible so long as they are complimentary to the neighboring hotels. Future Land Use Category - Retail/Office/Residential (ROR) Setback requirements: A minimum front yard of 30 feet shall be required along all thoroughfare streets and 35 feet along all local streets. A side setback of 15 feet is required and a rear setback of 20 feet is required.
Area Description: Located in central Manatee County, Florida, this site is on the South Side of State Road 70, on the west side of the of the Interstate 75 interchange. State Road 70 is one of the busiest East-West corridors in Manatee County providing access from Lakewood Ranch to the east, to the beaches of Anna Maria Island to the West. The site is located within the Tara Commercial District that sits in front of the very large Tara Golf & Country Club master planned community.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,547 44,237 109,655
Median Age: 52.9 52.21 46.2
Households: 1,562 19,256 46,270
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