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: 10/4/2021

Overview / Comments

Merritt Realty Corporation is proud to present this investment opportunity at 1000 N Tamiami Trail in Nokomis, Florida. This 13,000-square-foot building offers access to amenities such as Publix, Aldi, Dunkin Donuts, Starbucks, Race Track, Wawa, Bank of America, CVS, Dollar General, and the United States Postal Service. The location of this property allows direct access to I-75, Laurel Road, State Road 681, and US-41/Tamiami Trail. With all these amenities, it is no surprise that in 2020 there were 28,453 households within a 5-mile radius; The average household income within this radius is $92,286.

This building was constructed in 1988, and includes two stories, 80 parking spaces, and lots of windows for natural lighting. Please contact the listing agent to schedule a showing, or to receive more information.

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

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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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