Bull Realty is pleased to exclusively offer the unique opportunity to acquire the fee

simple interest for Merchants Pointe located in Sarasota, Florida.

Merchants Pointe Shopping Center is an approximately 87,796 square foot grocery

anchored neighborhood shopping center. This well located, 93% leased,

neighborhood retail center is anchored by SweetBay which is being re-branded as

Winn Dixie, Dollar General and Ace Hardware. Winn Dixie has 8 years left on the

original lease term.

In-line tenant rents are below comparable market rates. This Investment opportunity

is further enhanced by assumable in place, low interest CMBS debt that runs

through 2016. Merchants Pointe is located on a main retail corridor on the busy

hard corner of Clark road and Swift road with an average daily traffic count of over

58,000 vehicles per day.

Built in 1977, this center went through a complete renovation in 2001 with the

addition of SweetBay now Winn Dixie to the center. This attractive and well maintained

brick and stucco center sits on +/- 7.39 acres.

Merchants Pointe is strategically located between I-75 and Siesta Key, which was

recently named by Trip Advisor as the #2 beach in the United States. The center is

less than 2 miles east of the Gulf of Mexico and 6 miles directly south of downtown

Sarasota.

This is a well established and highly trafficked part of Sarasota with strong demographics.

The population within a 5 mile radius is in excess of 132,000 with an average

household income above $70,930 annually. The majority of households are

owner occupied. Additionally, Sarasota County welcomes 4.5 million visitors with

annual spending of approximately $2 billion.