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HIGHLIGHTS
- Prime Midtown Plaza location less than 1 mile from Downtown Sarasota
- Exceptional visibility along S Tamiami Trail & Bahia Vista
- Ample parking and easy access
- Directly across from Sarasota Memorial Hospital (SMH)
- High traffic counts with strong daily exposure
- Surrounded by established national and local brands including Starbucks, Massage Envy & Michael’s on East
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| - | 4,000-5,500 SF | Negotiable | $32.00 /SF/YR $2.67 /SF/MO $176,000 /YR $14,667 /MO | Triple Net (NNN) | ||
| Ste 1201 | 5,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ste 1299 | 4,025 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $161,000 /YR $13,417 /MO | Triple Net (NNN) |
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American property Group presents 1325 S Tamiami Trail, Sarasota FL, 34239 (Midtown Plaza) This property boasts prime visibility, a high traffic count, ample parking and easy accessibility. The plaza's location is key being less than 1 mile to downtown Sarasota and just across the street from SMH (Sarasota Memorial Hospital). Midtown is a plaza that can truly elevate your businesses presence with other popular brands in the plaza such as Starbucks / Massage Envy and Michael's on East.
- Lease rate does not include utilities, property expenses or building services
Ste 1201
American property Group presents 1325 S Tamiami Trail, Sarasota FL, 34239 (Midtown Plaza) This property boasts prime visibility, a high traffic count, ample parking and easy accessibility. The plaza's location is key being less than 1 mile to downtown Sarasota and just across the street from SMH (Sarasota Memorial Hospital). Midtown is a plaza that can truly elevate your businesses presence with other popular brands in the plaza such as Starbucks / Massage Envy and Michael's on East. Freestanding former Truist. This 5,300 SF building is ideal for another bank user or a tenant requiring a vault for their business security. Knocking the building down for a ground lease is also a potential option.
Ste 1299
American property Group presents 1325 S Tamiami Trail, Sarasota FL, 34239 (Midtown Plaza) This property boasts prime visibility, a high traffic count, ample parking and easy accessibility. The plaza's location is key being less than 1 mile to downtown Sarasota and just across the street from SMH (Sarasota Memorial Hospital). Midtown is a plaza that can truly elevate your businesses presence with other popular brands in the plaza such as Starbucks / Massage Envy and Michael's on East. Former Panera. This 4,025 SF space has unmatched exposure with a presence on Bahia Vista and Tamiami.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 14,825 SF | Gross Leasable Area | 144,360 SF |
| Min. Divisible | 4,000 SF | Year Built | 1998 |
| Property Type | Retail | Parking Ratio | 2.14/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 14,825 SF |
| Min. Divisible | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 144,360 SF |
| Year Built | 1998 |
| Parking Ratio | 2.14/1,000 SF |
ABOUT THE PROPERTY
American property Group presents 1325 S Tamiami Trail, Sarasota FL, 34239 (Midtown Plaza) This property boasts prime visibility, a high traffic count, ample parking and easy accessibility. The plaza's location is key being less than 1 mile to downtown Sarasota and just across the street from SMH (Sarasota Memorial Hospital). Midtown is a plaza that can truly elevate your businesses presence with other popular brands in the plaza such as Starbucks / Massage Envy and Michael's on East. Space 1: This is a corner unit that was formerly a Panera. This 4,025 SF space has unmatched exposure with a presence on Bahia Vista and Tamiami. Space 2: This Inline unit directly next door to Conviva (Senior Primary Care) and Michael's on East (popular Sarasota restaurant) is a 5,500 SF unit that can be demised to 4,000 SF. Space 3: This is a freestanding concrete block building that was formerly a Truist bank. This 5,300 SF building is ideal for another bank user or a tenant requiring a vault for their business security. Ground Lease is an available option for a qualified national tenant*
- Banking
- Restaurant
NEARBY MAJOR RETAILERS
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Midtown Plaza | 1325 S Tamiami Trl
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