Paradise Isle Plaza on Longboat Key
Retail | 6.45% CAP | 9,611 SqFt
Marketing description
Paradise Isle Plaza presents a rare opportunity to acquire a well-established multi-tenant retail investment property in the heart of Longboat Key. Exclusively offered by American Property GroupAttachment.png, this highly visible neighborhood shopping plaza is located at 5610 Gulf of Mexico Drive and benefits from strong frontage along one of the island's primary corridors.
Situated on approximately 1.3 acres, Paradise Isle Plaza offers approximately 9,611 SF of leasable space across six retail suites with an abundance of on-site parking for both customers and employees. The property has been exceptionally maintained and features a strong, long-standing tenant mix that serves both the local community and the area's steady stream of visitors.
All tenant leases are structured as NNN leases, providing investors with stable income and reduced landlord responsibilities.
An additional standout feature of this offering is the included deeded beach access, further enhancing the long-term desirability and uniqueness of the property.
With a proven operating history, established tenant base, excellent parking, and a premier Longboat Key location, Paradise Isle Plaza represents an exceptional investment opportunity in one of Florida's most sought-after coastal communities.
Investment highlights
- Prime multi-tenant retail investment opportunity located on highly desirable Longboat Key
- Situated along Gulf of Mexico Drive with excellent visibility and accessibility
- Approximately 9,611 SF of leasable retail space
- Positioned on approximately 1.3 acres with an abundance of on-site parking
- Six fully leased retail suites with established long-term tenants
- Diverse tenant mix including restaurants, retail, service, and specialty businesses
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