Available For Sale - Land

47,688 SF

LISTED BY

Jake Wollman
Jake Wollman - KW - St. Petersburg, 239-272-7006

AVAILABILITY DETAILS

Size
47,688 SF
Price/SF
N/A - Contact for Info
Listing ID
SA531867
Notes
READY FOR IMMEDIATE DEVELOPMENT

Join a lineup of thriving retailers, including Publix, Chase Bank, and UPS on Sarasota's highly-trafficked Bee Ridge Road. Strategically positioned at the Shopping Center's main entrance, the only remaining pad-site boasts more than 250 feet of main street frontage. Located across from the prestigious Laurel Oaks Country Club and surrounded by several planned housing developments, this site offers a steady and well-established customer base of over 450,000 visitors per year.



INVESTMENT HIGHLIGHTS:

-Location: Last remaining outparcel available at Publix anchored shopping center.

-Occupancy: Shopping center is leased to a mix of national, regional and local tenants.

-Consistent traffic: Over 458,600 customers visit shopping center per year.

-Accessibility: Less than 4-minute drive to I-75 with 122,000 average daily traffic count.

-Retention completed: Site is ready for immediate development.



FINANCIAL INSTITUTION BUSINESS CASE:

-Limited competition: Only 1 FDIC insured institution in a 2-mile radius.

-High growth: From 2010 to 2020 households with an income exceeding $100,000 increased 66% in a 1-mile radius.

-Established demographics: Median home value of $450,000 in 1-mile radius.

-Highly educated: 76.79% of population in a 1-mile radius attended college.

-Low unemployment: 1.35% of the population in a 5-mile radius is unemployed.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jake Wollman, Jake Wollman - KW - St. Petersburg
BRE# SL3237174