Penwest Park 1750sqft - near downtown

Office for Lease
Catylist Listing ID: 30842105
Property Subtypes: Business Park, Executive Suites, Office Building
Contiguous Space: 1,750 SF
Gross Building Area: 31,450 SF
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $2,916
Lease Types: Modified Gross
Ceiling: 10 ft.
In Opportunity Zone? Yes
Building Name: Penwest Park 2801
Class of Space: Class B
Last Updated: 6/6/2023

Overview / Comments

Penwest Park is centrally and conveniently located and is easily accessible being just outside of downtown Sarasota and a few miles from I75, US41 & US301.

Courtyard offices have an entrance from the spacious outdoor corridors that surround the natural rock waterfalls. The travertine path through the middle of the courtyard boasts the sounds of the flowing waterfalls into the koi ponds below. Natural light shines into each office from the floor to ceiling windows along the courtyard exterior corridor.

Offices have 10 foot ceilings, luxury vinyl plank flooring, neutral bright colored walls and LED lighting for a fresh, enticing professional presentation.

All of this comes together for a warm, welcoming environment for staff and clients alike. Penwest boasts an abundance of parking, lushly landscaped courtyards, beautiful waterfalls & fountains, easy access & is and owner managed property that is easy to work with. Client facility tours are available anytime.

Expand All Available Space

Suite: 130 1,750 SF $20 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 1,750 SF
Lease Rate: $20 PSF (Annual)
$2,916 (Monthly)
Lease Type: Modified Gross
Space Description: This is a first floor corner unit near the south entrance on Tuttle Avenue with an awning that can be branded with a business name and door signage. This space boasts a front reception, three offices with 2 having a courtyard view, conference room, two bathrooms, kitchen and file/copy room. There are 3 points of entry for easy access – Inside courtyard entrance as well as 2 front stoop entrance from Fruitville parking lot.
Space Subcategory: Office Building, Business Park
Date Available: 7/1/2023
Lease Term: 36 Months
Space Type: Relet
Conference Rooms: 1
Offices 3
Kitchen Yes
Tax Expenses $3.60 PSF (Annual)
Rent Escalators Other

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Submarket/Township: Fruitville - Clark
Taxing Authority: Sarasota County Tax Collector
Tax ID/APN: 2030130057
Zoning: ORD
Market Type: Medium
Property Located Between: Lockwood Ridge and Shade
Side of Street: Northeast
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus
Highway Access: I-75 about 3 miles east, 301 about 2 miles west, US 41 about 3 miles west
Airports: Sarasota International Airport about 7 miles
Site Description: Penwest has three tenant occupied buildings located at the central intersection of Fruitville and Tuttle. Entrance/access into Penwest Park is available from 3 sides with 2 points of entrance off Tuttle, one off Fruitville and one off Dodge Street. Each building has a unique private courtyard with tropical landscape and water feature built by the nationally known Lucas Lagoon. Some of the first floor office suites face the courtyard and have entrances from the courtyard as well as the parking lot. The second floor units are accessible via stairs or elevator with views of the courtyard below. Penwest Office Park is an owner managed property without the complexities of third party management.
Area Description: Penwest Park is located at the intersection of Fruitville and Tuttle close to downtown, many main thoroughfares (ie I-75, US41, US301)
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1985
Roof Type: Hip
Construction/Siding: Block
Exterior Description: Three separate tenant occupied 2 two story block office buildings surrounded by ample parking and tropical landscaping. Two entrances from Tuttle Ave and one from Fruitville Road.
Parking Type: Surface
Parking Description: Each building has parking immediately on the outside of the building and two large deep lots behind and next to the buildings.
Total Parking Spaces: 400
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Interior Description: Multiple office types and configurations. Please contact agent for details.
Zoning Description: ORD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,193 95,932 177,124
Median Age: 39.9 45.28 47.4
Households: 6,530 42,711 80,329


Photograph of Listing Agent

Michelle Elizabeth Winiecki

MFCRE Member
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