For Sale
$1,400,000

4235 Bee Ridge RdSarasota, FL 34233

High-yield, fully occupied retail center

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 4,847 square foot shopping center located at 4235 Bee Ridge Rd, Sarasota, FL 34233. The property, built in 1972, boasts 100% occupancy with a gross lease structure and a remaining lease term of two years. The asking price is $1,400,000, translating to a price per square foot of $309.47. Situated on a 0.43-acre lot, the center is zoned CG, making it ideally suited for retail or street retail uses. Its prime Sarasota location ensures high visibility and traffic, providing immediate income potential and a strong return on investment. The multi-tenancy structure offers flexibility and potential for value-add opportunities, including partial owner-user scenarios. This property represents a stable and lucrative investment in a highly desirable market, offering a compelling opportunity for discerning investors seeking immediate cash flow and long-term growth. The property's strong occupancy rate and established tenant base contribute to its financial stability and attractiveness. This is a rare chance to acquire a well-positioned retail asset in a thriving Florida market.

Highlights

  • $1,400,000 asking price for a 4,847 SF shopping center.
  • Gross lease, multi-tenant, 100% occupancy with 2 years remaining on leases.
  • Located in Sarasota, FL (34233) at 4235 Bee Ridge Rd on a 0.43-acre lot.
  • Built in 1972, zoned CG.
  • $309.47 price per square foot.

Property Details for 4235 Bee Ridge Rd

Property type
Lifestyle centers, Power centers
Square Feet
4,847 SF
Year Built
1972
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2989697
Longitude
-82.4827186
4235 Bee Ridge Rd, Sarasota, Florida

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4235 Bee Ridge Rd
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