8482-8490 South Tamiami Trail
Mixed Use | 6.81% CAP | 10,632 SqFt
Marketing description
American Property Group presents 8482-8490 S Tamiami Trail, Sarasota, Fl 34231
The 10,632 SF 2 story building features multiple units, providing flexibility for owner-users or investors seeking a great asset on Tamiami Trail. With 5 units in the building, ample on-site parking and excellent signage exposure enhance the property for customer and tenants alike. Surrounded by established businesses, residential communities, and steady year-round traffic, this location supports strong business growth and long-term value.
Within a stones throw, the redevelopment of Sarasota Square Mall is transforming the site into a 96-acre, open-air mixed-use project by Torburn Partners, featuring approximately 1,200 luxury residential units, 530,000 square feet of retail and restaurants (including Whole Foods), and significant outdoor community spaces.
This building is ideal for an owner user who needs 3400 SF while collecting cash flow, or for a pro forma investment in a great location.
Investment highlights
- 10,632 SF two-story building with 5 total units
- 4 units leased providing in-place income
- 3,400 SF first-floor vacancy with drive-thru
- High visibility on S Tamiami Trail with strong signage
- Located near major redevelopment of Sarasota Square Mall
- 5 units with 4 of them leased
- One vacancy on first floor of 3400 SF with a drive thru
- 2 story property with elevator
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