Allison Plaza | 4235 Bee Ridge Rd
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Allison Plaza 4235 Bee Ridge Rd
4,847 SF 100% Leased Retail Building Sarasota, FL 34233 $1,808,125 CAD ($373 CAD/SF) 5.70% Cap Rate
INVESTMENT HIGHLIGHTS
- - Sarasota location
- - Ideal for retail/street retail
- - High-visibility location
- - 100% occupancy
- - High-traffic area
- - Immediate income potential
EXECUTIVE SUMMARY
Introducing a prime investment or partial owner user opportunity with value add. potential in Sarasota, FL. This 4,847 SF, 1972-built building is ideally located and fully occupied, offering immediate income potential. Additional Pylon Sign annual income increasing income potential beyond tenant leases. Currently 4 leases on month to month which can be increased to market value.
Zoned CG, this property is perfect for retail or street retail investors looking for a high-traffic, high-visibility location. This property presents a value add investment option in a desirable area. Don't miss out on this chance to add a valuable asset to your portfolio in an in-demand market.
Zoned CG, this property is perfect for retail or street retail investors looking for a high-traffic, high-visibility location. This property presents a value add investment option in a desirable area. Don't miss out on this chance to add a valuable asset to your portfolio in an in-demand market.
DATA ROOM Click Here to Access
- Miscellaneous
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
4,847 SF
Building Class
B
Year Built
1972
Price
$1,808,125 CAD
Price Per SF
$373 CAD
Cap Rate
5.70%
NOI
$103,063 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.43 AC
Zoning
CG - General Commercial
Parking
25 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
184 ft on BEE RIDGE
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0061-16-0049 | Improvements Assessment | $355,140 CAD |
| Land Assessment | $816,935 CAD | Total Assessment | $1,172,075 CAD |
PROPERTY TAXES
Parcel Number
0061-16-0049
Land Assessment
$816,935 CAD
Improvements Assessment
$355,140 CAD
Total Assessment
$1,172,075 CAD
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Allison Plaza | 4235 Bee Ridge Rd
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