Share This Listing

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

331 John Ringling Blvd 3,554 SF 100% Leased Retail Building Sarasota, FL 34236 $9,352,664 CAD ($2,631.59 CAD/SF) 6% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully renovated in 2025 with premium upgrades
  • Located on prestigious St. Armand’s Circle
  • 100% leased to national retail tenants
  • Annual lease escalations enhance ROI

EXECUTIVE SUMMARY

331 John Ringling Blvd, a prime retail investment opportunity and the home of Everything but Water on world renowned St Armand's Circle in Sarasota, FL. This 3,554 SF building is completely renovated, and is currently 100% leased by two national tenants making it an attractive prospect for retail investors. With its prime location and annual increases in lease rates, this property offers excellent return on capital.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,554 SF
Building Class
C
Year Built/Renovated
2008/2024
Price
$9,352,664 CAD
Price Per SF
$2,631.59 CAD
Cap Rate
6%
NOI
$561,429 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.02
Lot Size
0.08 AC
Zoning
CT - Commercial
Frontage
34’ on St Armands Cir

AMENITIES

  • Air Conditioning
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Columbia Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2014-05-0137
Land Assessment
$1,816,626 CAD
Improvements Assessment
$2,256,123 CAD
Total Assessment
$4,072,749 CAD
  • Listing ID: 34615303

  • Date on Market: 2025-01-27

  • Last Updated:

  • Address: 331 John Ringling Blvd, Sarasota, FL 34236

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}