5766 Bronx Ave, Sarasota, FL 34231

Redevelopment Opportunity | Favorable Zoning | Entitlements In-Hand

• The Property consists of 4,260 sq ft building situated on a 19,033 sq ft lot with favorable Office, Professional and Institutional zoning which allows for a broad range of uses ranging from daycare, to parking, to medical office. See Page 5 of Marketing Package for further details.

• Ownership has obtained site and development concurrent commercial plan approval as of April 2024 and is currently in the process of renewing these entitlements through 2028. The entitlements allow for the development of a +/- 3,271 square foot urgent care facility – shown (approximately) on Page 11 of the Marketing Package.

State Route Location | 41,000+ VPD | Interstate & U.S. Highway Connections

• Located at the corner of Bronx Avenue and Clark Road, which is a part of State Route 72 and enjoys visibility to over 41,000 vehicles daily. The Property is near the SR-72 intersection with S Beneva Rd which is traversed by 24,000+ vehicles daily.

• The Property features ingress/egress access at Bronx Ave and a dedicated left turn-in lane on SR-72 for eastbound travelers.

• SR-72 is the main east-west retail corridor for southern Sarasota and provides connections to S. Hwy 41 (1.5 miles / 4 minutes away) and Interstate 75 (3 miles / 8 minutes away).

• Downtown Sarasota is approximately 5 miles / 15 minutes away via SR-72 and US-41 while Clearwater, Fort Myers, St. Petersburg, and Tampa are all within 1.5 hours via SR-72 and I-75.

Situated Amongst Rooftops | Close Proximity to Major Master-Planned Communities

• The Property is situated within a dense residential area supported by over 10,000 residents within 1 mile and over 78,000 within 3 miles. Such residents possess average household incomes that exceed $83,000 and $98,000, respectively.

• US-72 and S Beneva both feature numerous multi-family communities to potentially draw consistent traffic in and around the Property, which include but are not limited to, Garden Grove (200 units), Sierra Park (306 units), and Beneva Place (192 units), amongst many others.

• The Property sits amongst Sarasota’s major master-planned communities:

  • Aligning both SR-72 and S Beneva is Palmer Ranch which is home to 20,000+ residents within its 90+ subdivisions, apartment communities, and assisted-living facilities.

  • Adjacent to I-75 and within 6 miles is Grand Park, currently under development of 900+ single-family homes.

  • Only 6.5 miles away along SR-72 is Skye Ranch, also currently under development for 1,200+ single-family homes and 360+ townhomes.

Excellent Retail Synergies in the Immediate Area | Close Proximity to Mall Redevelopment

• The Property is in close proximity with numerous retailers in the immediate area of SR-72 and S Beneva Rd.

  • Along the same side of SR-72 are locations for USF Credit Union, Chase Bank ($181M+ in annual branch deposits), GrowHealth Dispensary, Verizon Wireless, Jiffy Lube, Goodyear, and more.

  • Directly across SR-72 is the Beneva Village Shoppes, which encompasses space for Harbor Freight, Publix, Jersey Mike’s, TD Bank ($99M+ in annual branch deposits), Taco Bell, 7-Eleven, and many others.

• Additional SR-72 retailers in the immediate area include Starbucks, Slim Chickens, RaceTrac, McDonald’s, Advance Auto, CVS and many more, including numerous car dealerships.

• Less than 2.5 miles away along S Beneva is the former Sarasota Square mall which is currently being redeveloped for 530,000+ sq ft of retail space and 1,200+ residential units.

Near Major Traffic Drivers | Schools | #1 Best U.S. Beach | Hospital | Industrial Facilities

• The Property benefits from being in close proximity to numerous schools in the immediate area. Such schools include but are not limited to Riverview High (2,637 students), Suncoast Polytechnical High (556 students), Gulf Gate Elementary (596 students), Sarasota Middle (1,290 students), and the Imagine School at Palmer Ranch (476 students), amongst many others.

• As well, just 1 mile north along S Beneva is Suncoast Technical College (1,100+ students).

• Within 2.5 miles, near the western start of SR-72, is Siesta Beach which sees over 350,000 annual visitors and ranks as the #1 best beach nationwide and #4 worldwide in TripAdvisor’s 2025 Traveler’s Choice Awards.

• Within 5 miles of the Property along US-41 is the Sarasota Memorial Hospital, which has almost 900 beds and is the county’s largest company with 11,000 employees.

• Just beyond S Beneva along SR-72 are numerous industrial, manufacturing, distribution, and flex facilities operated by major companies such as Publix, UNFI, Lennox, Cemex, and more.