4141 Tamiami TrlSarasota, FL 34231

Property Details for 4141 Tamiami Trl

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.32 AC

Property size (Sq ft)

34,280 SF

Zone code

ICD

Property type

Retail properties

Property subtype

Strip malls

APN

0074-12-0039

APU

74120039

Description

This fully equipped restaurant in Sarasota, Florida presents a fantastic investment opportunity. Located at 4141 S Tamiami Trl, Sarasota, FL 34231, this single-tenant property boasts 3,250 square feet of space, ideal for continued operation or creative reimagining. The asking price is $150,000. The current lease agreement is a five-year term with a five-year option, providing excellent long-term stability. Monthly rent is $5,150 gross. The property is situated in Sarasota County and benefits from its established location and high visibility along Tamiami Trail. All existing restaurant equipment is included in the sale price, making this a truly turnkey operation. This is a rare chance to acquire a profitable, established business with significant growth potential in a thriving Florida market. The property's prime location ensures high foot traffic and easy access for customers. Serious inquiries are encouraged to explore this exceptional opportunity further. Financial details and lease specifics are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $14,572,515

  6.5%

  $13,451,552

  7%

  $12,490,727

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,206,992

  Geo Method

  $15,776,602

• Alternative Use

  Use

  Valuation

  Residential

  $11,346,888

  Hospitality

  $10,393,688

  Educational

  $8,647,426

  Medical

  $8,944,825

  Retail

  $13,451,552

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.2937

Longitude

-82.5296

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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