Suntrust Bank Building
Retail-Commercial
for Sale
| Catylist Listing ID: |
30463432 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Other
|
| Building Size (RSF): |
13,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.57 Acres
|
| Sale Price: |
$4,000,000 |
| Unit Price: |
$307.69 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
5.6% |
| Last Updated: |
7/26/2021 |
Overview / Comments
|
This building has it all. Located on the corner of 41 Tamiami Trail and Laurel Rd, right across from a Publix Center, with direct access to I-75. This building has great exposure AND great parking! This building also has a lot of windows to light up the inside. The projected NOI for 2018 is $197,807.00
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0170020076 |
| Zoning: |
CN |
| Retail Clientele: |
Business, Convention |
| Property Located Between: |
Tamiami Trail & Laurel Rd |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Tamiami Trail N |
| Feet of Frontage: |
201 |
| Traffic/Vehicle Count: |
37,500 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
6,500 SF |
| Year Built: |
1988 |
| Total Parking Spaces: |
80 |
| Parking Ratio: |
6.2 (per 1000 SF) |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,346 |
30,594 |
58,991 |
| Median Age: |
61.04 |
62.62 |
62.33 |
| Households: |
1,825 |
15,978 |
30,666 |
|
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