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Prime Restaurant Oppty St Armands Circle 29 N Blvd of Presidents 5,950 SF of Retail Space Available in Sarasota, FL 34236
Highlights
- Iconic St. Armands Circle restaurant location
- High-visibility wraparound frontage (±40 feet)
- Outdoor dining and patio component
- Two-story, 5,950 SF prime restaurant building
- Second-level dining with sunset views
- Flagship coastal location near Lido Key and Longboat Key
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 5,950 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1
Architecturally distinctive property at a premier St. Armands Circle gateway, offering exceptional visibility and a high quality buildout suitable for a broad range of restaurant uses.
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Corner Space
- Exposed Ceiling
- Wheelchair Accessible
- 5,950 SF 2nd Generation Restaurant Space Available
- Two floors with 40 Ft of High-Visibility Frontage
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.
Select Tenants at Prime Restaurant Oppty St Armands Circle
- Tenant
- Description
- US Locations
- Reach
- 29 Blvd Of The Presidents Llc
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| 29 Blvd Of The Presidents Llc | - | 1 | - |
Property Facts
| Total Space Available | 5,950 SF | Gross Leasable Area | 5,980 SF |
| Property Type | Retail | Year Built/Renovated | 1949/2007 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,950 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,980 SF |
| Year Built/Renovated | 1949/2007 |
About the Property
Architecturally distinctive restaurant property located at a premier gateway to St. Armands Circle, offering exceptional visibility and a high-quality buildout suitable for a broad range of restaurant concepts. The two-story building features wraparound frontage and a strong indoor/outdoor dining component, including second-level dining with sunset views and a dedicated patio. Positioned in one of Sarasota’s most affluent and supply-constrained coastal markets, the property benefits from consistent year-round pedestrian traffic driven by affluent residents, tourism, and event activity at St. Armands Circle.
Nearby Major Retailers
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Prime Restaurant Oppty St Armands Circle | 29 N Blvd of Presidents
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