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Highlights

  • Prime Midtown Plaza location less than 1 mile from Downtown Sarasota
  • ±4,025 SF former Panera Bread with existing restaurant infrastructure
  • Ample parking and easy access
  • Directly across from Sarasota Memorial Hospital (SMH)
  • High traffic counts with strong daily exposure
  • Surrounded by established national and local brands including Starbucks, Massage Envy & Michael’s on East

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1299
  • 4,025 SF
  • Negotiable
  • $54.82 CAD/SF/YR $4.57 CAD/SF/MO $220,636 CAD/YR $18,386 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

American property Group presents 1201 S Tamiami Trail, Sarasota FL, 34239 (Midtown Plaza) This property boasts prime visibility, a high traffic count, ample parking and easy accessibility. The plaza's location is key being less than 1 mile to downtown Sarasota and just across the street from SMH (Sarasota Memorial Hospital). Midtown is a plaza that can truly elevate your businesses presence with other popular brands in the plaza such as Starbucks / Massage Envy and Michael's on East. Former Panera. This 4,025 SF space has unmatched exposure with a presence on Bahia Vista and Tamiami.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1299 4,025 SF Negotiable $54.82 CAD/SF/YR $4.57 CAD/SF/MO $220,636 CAD/YR $18,386 CAD/MO Triple Net (NNN)

1st Floor, Ste 1299

Size
4,025 SF
Term
Negotiable
Rental Rate
$54.82 CAD/SF/YR $4.57 CAD/SF/MO $220,636 CAD/YR $18,386 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

American property Group presents 1201 S Tamiami Trail, Sarasota FL, 34239 (Midtown Plaza) This property boasts prime visibility, a high traffic count, ample parking and easy accessibility. The plaza's location is key being less than 1 mile to downtown Sarasota and just across the street from SMH (Sarasota Memorial Hospital). Midtown is a plaza that can truly elevate your businesses presence with other popular brands in the plaza such as Starbucks / Massage Envy and Michael's on East. Former Panera. This 4,025 SF space has unmatched exposure with a presence on Bahia Vista and Tamiami.

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 4,025 SF
Property Type Retail
Property Subtype Bank
Gross Leasable Area 144,360 SF
Year Built 1960
Parking Ratio 3.23/1,000 SF

About the Property

American Property Group of Sarasota, Inc. presents Midtown Plaza – 1201 S Tamiami Trail, Sarasota, FL 34239 Position your business in one of Sarasota’s most high-profile retail corridors. Located at the signalized intersection of Bahia Vista Street and Tamiami Trail, Midtown Plaza offers exceptional visibility, strong daily traffic counts, and immediate access to Downtown Sarasota and surrounding neighborhoods. Directly across from Sarasota Memorial Hospital and just minutes from Sarasota High School, this location benefits from consistent daytime population, student traffic, and long-term growth in the surrounding area. Anchored by established national and regional tenants including Starbucks, Massage Envy, and Michael's On East, Midtown Plaza is a proven destination for both locals and visitors. Featured Availability – Former Panera Space This highly recognizable ±4,025 SF former Panera Bread location offers a rare opportunity to secure a premier corner presence with dual frontage on both Bahia Vista Street and Tamiami Trail. The space provides unmatched exposure, making it ideal for restaurant, café, or high-visibility retail concepts seeking strong branding and accessibility.

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

SouthState Bank
Starbucks
The Melting Pot
Buffalo Wild Wings
Publix
Bankunited
P.f. Chang's
Jazzercise
United Community Bank
First Horizon Bank
  • Listing ID: 38449613

  • Date on Market: 2025-11-14

  • Last Updated:

  • Address: 1201 S Tamiami Trl, Sarasota, FL 34239

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