1836 Fruitville Rd | Sarasota, FL 34236
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This Retail Property is no longer advertised on LoopNet.com.
1836 Fruitville Rd
Sarasota, FL 34236
Chase Bank | 15-YR Ground Lease | DTC Zoning · Retail Property For Sale

Investment Highlights
- Rare opportunity to own a new 15-year Chase Bank ground lease in Sarasota’s Downtown Core
- High intrinsic land value due to urban mixed-use zoning - located in the Downtown Core district with zoning that allows for 50 dwelling units per acre
- Chase Bank has one of S&P’s highest credit ratings (A+) and is the largest financial institution in the US with approximately $3.7 trillion in assets
- Chase is consolidating two branches into this new state-of-the-art facility with dual drive-thru and bringing $253 million in deposits
- Long-term covered land play - comps suggest underlying land value exceeds asking price
- Absolute Net ground lease provides passive ownership and stable cash flow
Property Facts
Property Type
Retail
Property Subtype
- Bank
- General Retail Fast Food
- General Retail Freestanding
- Office Medical
Building Size
3,723 SF
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.36 AC
Zoning
DTC - Downtown Core Zoning
Frontage
- 260’ on Fruitville Road
- 52’ on FRUITVILLE RD
Amenities
- Drive Thru
Links
Property Taxes
| Parcel Number | 2026-16-0036 | Improvements Assessment | $1,074,800 |
| Land Assessment | $4,363,900 | Total Assessment | $5,438,700 |
Property Taxes
Parcel Number
2026-16-0036
Land Assessment
$4,363,900
Improvements Assessment
$1,074,800
Total Assessment
$5,438,700
Listing ID: 29509945
Date on Market: 9/13/2023
Last Updated:
Address: 1836 Fruitville Rd, Sarasota, FL 34236
The Downtown Sarasota Retail Property at 1836 Fruitville Rd, Sarasota, FL 34236 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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