Property Listing No Longer Available for Sale

5641 Clark Rd, Sarasota, FL

Shopping Center for Sale - $1,495,000 - 5,997 Sq. Ft. on 45880 acres


Property Info

CIMLS#801312
Location
  5641 Clark Rd
  Sarasota FL 34233
UpdatedJune 19th, 2015
TypeShopping Center
Price$1,495,000
Building5,997 Sq. Ft.
Land45880 acres

Property Description

Newer retail plaza located on busy Clark Rd. near I-75! Two points of great signage located directly on Clark Rd. - one sign at the signalized location of Gantt St./Clark Rd. This plaza is anchored by one of the busiest Dunkin' Donuts in Sarasota and Wells Fargo just recently installed an ATM (Net Lease) at this location - bringing a nice influx of customers to the plaza. Dunkin' Donuts recently executed a 5-year extension with escalators. A second space is leased to a dentist, while the third space remains gray, offering some good value add to this investment. Traffic counts exceed AADT of 41,500, the property is near I-75 and offers an excellent demographic mix.

Location Description:

Located directly on Clark Road where 41,000AADT will pass your sign and business each day. Close to I-75 and in a dense retail corridor. This is a dense office, medical office, retail, industrial and residential area. Sarasota memorial Healthcare complex is around the corner along with an All Children's Hospital satellite center. There is a hotel located directly adjacent to this property, as well as a Regions Bank.

Highlights:

>> Dunkin' Donuts recently executed 5-year extension with escalators.

>> Wells Fargo ATM.

>> Dentist's office converts to NNN at 2016 option.

>> Added value in gray space.

>> 41,500 AADT.

>> Dunkin' Donuts has signage on I-75.

>> Located near I-75 & Clark Rd Interchange.

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Financials