Palm Square Plaza

Shopping Center for Sale
Catylist Listing ID: 30126946
Property Subtypes: Neighborhood Center, Strip Center
Building Size (RSF): 23,500 SF
Gross Building Area: 23,631 SF
Gross Land Area: 2.10 Acres
Sale Price: $2,500,000 - 3,500,000
Unit Price: $106.38 - 148.94 PSF
Ceiling: 11 ft.
Property Use Type: Investment
Usable Size (USF): 23,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/8/2017

Overview / Comments

Excellent property, located in a fast growing area. Property is located across from the new H2 Hotel and the soon to be WaWa, which is going through the permit process. Property is adjacent to an additional 2+- acres of land which is available and will give the center access to the signalize intersection located at Albee Rod and US 41/Tamimai trail. The property could also be redeveloped with the corner included. Property is currently being in the process of renovation planning stage, so if your interested write an offer, before the owner starts renovation.....

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 0171160008
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: VENICE AND SARASOTA
Property Visibility: Excellent
Largest Nearby Street: US 41
Traffic/Vehicle Count: 44,500
Highway Access: yes
Airports: Venice - Sarasota -TPA
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1989
Roof Type: Other
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Evaporative Cooler
Zoning Description: CG-Commercial General
Lot Frontage: 300
Lot Depth: 308+-
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,685 34,272 65,916
Median Age: 58.47 63.39 61.01
Households: 3,566 18,250 33,783


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