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.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: City of Sarasota
Tax ID/APN: 2031010002
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

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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


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