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331 John Ringling Blvd 3,554 SF 100% Leased Retail Building Sarasota, FL 34236 $8,623,377 CAD ($2,426.39 CAD/SF) 6.38% Cap Rate
Investment Highlights
- Fully renovated in 2025 with premium upgrades
- Located on prestigious St. Armand’s Circle
- 100% leased to national retail tenants
- Annual lease escalations enhance ROI
Executive Summary
331 John Ringling Blvd, a prime retail investment opportunity and the home of Everything but Water on world renowned St Armand's Circle in Sarasota, FL. This 3,554 SF building is completely renovated, and is currently 100% leased by two national tenants making it an attractive prospect for retail investors. With its prime location and annual increases in lease rates, this property offers excellent return on capital.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,554 SF
Building Class
C
Year Built/Renovated
2008/2024
Price
$8,623,377 CAD
Price Per SF
$2,426.39 CAD
Cap Rate
6.38%
NOI
$550,517 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.02
Lot Size
0.08 AC
Zoning
CT - Commercial
Frontage
Amenities
- Air Conditioning
Bike Score®
Very Bikeable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2014-05-0137 | Improvements Assessment | $1,651,171 CAD |
| Land Assessment | $1,772,583 CAD | Total Assessment | $3,423,755 CAD |
Property Taxes
Parcel Number
2014-05-0137
Land Assessment
$1,772,583 CAD
Improvements Assessment
$1,651,171 CAD
Total Assessment
$3,423,755 CAD
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331 John Ringling Blvd
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