Fruitville Forum Center
Retail-Commercial
for Sale
| Catylist Listing ID: |
30840026 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Retail-Pad
|
| Building Size (RSF): |
17,600 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
9.42 Acres
|
| Sale Price: |
$7,800,000 |
| Unit Price: |
$443.18 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Fruitville Forum |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/23/2023 |
Overview / Comments
Mixed Use Re-Development Opportunity located at the Southwest Corner of Fruitville Rd and Beneva Road. Fully leased 17,600 sf Neighborhood Retail Center, 3.45 Acre Retail Outparcel with frontage on Beneva Rd and 4.47 acres zoned for 110 multi-family units.
Minutes from Downtown Sarasota and I-75. The Property is located within an Opportunity Zone. 31,902 vehicles per day on Fruitville Road. 5 mile radius population of 177,800 with an average household income of $84,149.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Taxing Authority: |
City of Sarasota |
| Tax ID/APN: |
2031010002 |
| Zoning: |
COMMERCIAL NEIGHBORHOOD |
| Retail Clientele: |
Business |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Fruitville Road |
| Traffic/Vehicle Count: |
31,900 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
3 |
| Property Condition: |
Excellent |
| Year Built: |
2008 |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,644 |
103,011 |
185,657 |
| Median Age: |
44.41 |
44.97 |
47.65 |
| Households: |
5,980 |
45,359 |
83,863 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither My Florida Commercial Real Estate nor
Moody's assume any liability for errors or omissions.
|
