Freestanding For Sale • 46,294 SF
| Strategically priced well below replacement cost, this property offers 41,892 square feet situated on 5.08 acres, an incredible deal at just $148/SF |
| With a vacancy rate of 13.30%, there's significant potential for growth. The current avg center rents stand at $12.35/SF, CoStar Submarket avg. $21/SF |
| Anticipate a double-digit total return by the second year upon successful lease-up of vacant spaces. |
| The property boasts access to a densely populated area with over 152,000 individuals within a 5-mile radius. |
| Great access with excellent ingress and egress, coupled with ample parking options, all conveniently situated at a prominent 4-way intersection. |
| The property fronts 44th Ave, with a daily traffic count exceeding 27,500 vehicles, ensuring unparalleled visibility and exposure. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Sarasota/Bradenton International | 17 min | - | 8.4 mi |
| St Pete-Clearwater International | 64 min | - | 41.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 219 |
| Type: | Surface |
| Included in Rent: | Yes |