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Stand Alone Retail/Office with High Traffic 211 N Tamiami Trl 2,000 SF of 4-Star Retail Space Available in Sarasota, FL 34236
Highlights
- Prime downtown Sarasota address adjacent to The Ritz, The Westin, and Bayso Sarasota.
- High traffic counts of approximately 42,900 vehicles per day along Tamiami Trail.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | $69.46 CAD/SF/YR $5.79 CAD/SF/MO $138,920 CAD/YR $11,577 CAD/MO | Triple Net (NNN) |
1st Floor
A rare freestanding building on US-41 at the gateway to St. Armands Circle and Longboat Key. Surrounded by the Ritz-Carlton, Westin, Bayso, and Embassy Suites, the location captures 42,900 vehicles per day and the walking traffic of Sarasota's wealthiest residential corridor — where the average household income exceeds $157,000 within one mile. Ready for an incoming wealth management, medical aesthetics, hospitality, or specialty retail tenant. 42,900 AADT on US-41 + ~15M annual visitors to St. Armands/Longboat passing the door $157,470 average HH income / $1.15M average home value within 1 mile (2023 ACS) Sarasota visitor spending: $1.4B annually — and they pass this property to reach the beach
- Lease rate does not include utilities, property expenses or building services
- Bayfront/Downtown gateway
- Ritz-Carlton (2 min), Westin (3 min)
- Bayso (2 min)
- St. Armands Circle (8 min by car)
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 | 2,000 SF | Year Built | 1968 |
| Property Type | Retail | Parking Ratio | 5.5/1,000 SF |
| Gross Leasable Area | 2,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,000 SF |
| Year Built | 1968 |
| Parking Ratio | 5.5/1,000 SF |
About the Property
The property at 211 N Tamiami Trail consists of a 2,000 SF commercial building situated on a 6,044 SF parcel in downtown Sarasota. It is zoned DTB and offers onsite parking. The location is central to major hospitality and cultural destinations with accessible routes to St. Armands Circle and Longboat Key. Traffic volume is significant along Tamiami Trail. Regional demographic data indicates elevated household income levels and residential property values in surrounding neighborhoods.
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Nearby Major Retailers
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Stand Alone Retail/Office with High Traffic | 211 N Tamiami Trl
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