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32779195
32929212

4413 S Tamiami Trl, Sarasota, FL 34231

MF
FL SL677518
Ian Black Real Estate LLC
Listed by Ian Black Real Estate LLC
$2,050,000
408 days on market
Updated 14 days ago

Restaurant Investment Opportunity

Details
APN 0075050001
Property Type Retail
Sub Type Street Retail
Square Footage 3,574
Cap Rate 6.1%
NOI $125,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 4
Year Built 1976
Year Renovated 1995
Buildings 1
Stories 1
Lot Size (SqFt) 30,035
Zoning CG
Ground Lease No

Restaurant Investment Opportunity

Marketing description

Prime opportunity to acquire a fully leased restaurant investment property located on highly traveled Tamiami Trail in the heart of Sarasota. Situated on a corner parcel with exceptional visibility and access, the property benefits from traffic counts exceeding 50,000 vehicles per day, providing outstanding exposure along one of Sarasota’s primary commercial corridors.

The offering includes a 3,574 SF restaurant building positioned on a 30,035 SF parcel, allowing for ample parking, strong site circulation, and long-term redevelopment or expansion potential. The tenant recently executed a new 3-year NNN lease and is undertaking a substantial capital investment into a comprehensive restaurant renovation, demonstrating commitment to the location and operations.

This investment provides stable passive income with a NNN lease. The combination of strong frontage, central Sarasota location, established restaurant use, and tenant investment creates an attractive opportunity for investors seeking dependable cash flow with upside potential in a highly desirable market.

Investment highlights

Prime commercial property on Tamiami Trail

30,035 sf corner property

High visibility

New 3 year NNN lease in place

The property offers an income with future expansion or development possibilities

Listing Contacts

MF
FL SL677518
Ian Black Real Estate LLC
Listed by Ian Black Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$125,000.00
$10,416.67/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

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