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

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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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