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Truist 1000 N Tamiami Trl 11,820 SF 100% Leased Retail Building Nokomis, FL 34275 $4,000,000 ($338.41/SF) 5.38% Cap Rate
Investment Highlights
- Two Stories
- Lots of Windows for Natural Lighting
- 80 Parking Spaces
Executive Summary
Merritt Realty Corporation is Proud to Present This Investment Opportunity at 1000 N Tamiami Trail in Nokomis, Florida. This 11,820-square-foot Building Offers Access to Amenities Such as Publix, Aldi, Dunkin Donuts, Starbucks, Race Track, Wawa, Bank of America, Cvs, Dollar General, and the United States Postal Service. The Location of This Property Allows Direct Access to I-75, Laurel Road, State Road 681, and Us-41/Tamiami Trail. With All These Amenities, It is No Surprise That in 2020 There Were 28,453 Households Within a 5-mile Radius; the Average Household Income Within This Radius is $92,286.This Building Was Constructed in 1988, and Includes Two Stories, 80 Parking Spaces, and Lots of Windows for Natural Lighting. Please Contact the Listing Agent to Schedule a Showing, or to Receive More Information.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
11,820 SF
Building Class
B
Year Built
1988
Price
$4,000,000
Price Per SF
$338.41
Cap Rate
5.38%
NOI
$215,363
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.12
Lot Size
2.21 AC
Zoning
CN
Parking
80 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
201’ on Tamiami Trl N
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0170-02-0076 | Improvements Assessment | $959,500 (2025) |
| Land Assessment | $1,274,600 (2025) | Total Assessment | $2,234,100 (2025) |
Property Taxes
Parcel Number
0170-02-0076
Land Assessment
$1,274,600 (2025)
Improvements Assessment
$959,500 (2025)
Total Assessment
$2,234,100 (2025)
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