Fantastic 1031 Exchange Candidate! Highway Frontage in Sarasota, Florida
Listing was updated at: 04/18/2019
Property Overview
Price/Rent PSF $ 2,495,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 10,352
Date Available 04/18/2019
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Floors 1
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Directly on South Tamiami Trail on the east side of the road

Two Tenant Freestanding Investment Property directly on US 41 South Tamiami Trail in Sarasota, Florida. Bob's Carpet Mart, a Family Owned and Operated Company in Business since 1969 with 16 Locations throughout the Tampa Bay Marketplace. Grasshopper is a very popular and successful Tex Mex Restaurant with a huge following and consistently growing. Large Pylon signs, parking front and rear. Large 28,704 sf CG Zoned lot with 10,312, sf of Recently Renovated Retail Space Surrounded by successful businesses, restaurants,Offices as well as homes and condominiums. This property is on the "Golden Mile" of US 41 and is only minutes to Siesta Key and the Beach. Long term hold on this Investment with Upside yearly.