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1620 N Tamiami Trl 5,981 SF Retail Building Sarasota, FL 34236 $2,800,000 ($468.15/SF) 6.03% Cap Rate

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EXECUTIVE SUMMARY

Excellent NNN Investment Opportunity in the Heart of Sarasota. There are over 5 years left on the current tenant's lease.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
5,981 SF
Building Class
B
Year Built
1965
Price
$2,800,000
Price Per SF
$468.15
Cap Rate
6.03%
NOI
$168,826
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
NT - North Trail District
Parking
12 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
220’ on N Tamiami Trail

NEARBY MAJOR RETAILERS

Publix
Valley National Bank
Starbucks
Ocean Prime
CrossFit
Club Pilates
ServisFirst Bank
1st Source Bank
Sprouts Farmers Market
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2025-04-0081
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,403,487
  • Listing ID: 36798219

  • Date on Market: 7/18/2025

  • Last Updated:

  • Address: 1620 N Tamiami Trl, Sarasota, FL 34236

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