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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste WP4- Suite 102 | 1,755 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1551 Lakefront Dr - 1st Floor - Ste WP4- Suite 102
Position your business in the heart of a vibrant, master-planned town center that blends upscale retail, exceptional dining, entertainment, and community events in one dynamic waterfront setting. This 1,755 SF retail space offers an ideal location for brands seeking visibility and year round activities.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
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.
SELECT TENANTS AT WATERSIDE PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Capstan Financial Group
- Finance and Insurance
- 1
- -
- Deep Lagoon Seafood
- Restaurant
- 2
- Local
- Good Liquid Brewing
- Accommodation and Food Services
- 1
- -
- M/I Homes - Sarasota-Manatee
- Other Services
- 19
- National
- Manatee Physicians Alliance
- Health Care and Social Assistance
- 1
- -
- Praxis
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Capstan Financial Group | Finance and Insurance | 1 | - |
| Deep Lagoon Seafood | Restaurant | 2 | Local |
| Good Liquid Brewing | Accommodation and Food Services | 1 | - |
| M/I Homes - Sarasota-Manatee | Other Services | 19 | National |
| Manatee Physicians Alliance | Health Care and Social Assistance | 1 | - |
| Praxis | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,755 SF | Center Properties | 8 |
| Center Type | Neighborhood Center | Gross Leasable Area | 96,670 SF |
| Parking | 81 Spaces | Total Land Area | 226.02 AC |
| Stores | 41 | Year Built | 2021 |
| Total Space Available | 1,755 SF |
| Center Type | Neighborhood Center |
| Parking | 81 Spaces |
| Stores | 41 |
| Center Properties | 8 |
| Gross Leasable Area | 96,670 SF |
| Total Land Area | 226.02 AC |
| Year Built | 2021 |
ABOUT THE PROPERTY
Waterside Place is positioned on the edge of Kingfisher Lake on a 36 AC site. Waterside Place is Sarasota’s first true lakefront retail and lifestyle destination, designed to be a social and cultural hub for the surrounding community. It includes retail, restaurants, apartments, office space, and ample green and recreation areas, including an 8-acre park featuring a splash pad.
- 24 Hour Access
- Signage
- Car Charging Station
- Air Conditioning
NEARBY MAJOR RETAILERS
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Waterside Place | 1561 Lakefront Dr
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