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1955 Northgate Blvd 5,040 SF of Retail Space Available in Sarasota, FL 34234
HIGHLIGHTS
- Opperating expenses (Cam) is estimated at $7.45/SF
- The monthly rent including opperating expenses is $ 9,495.00 + Sales Tax
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1955 | 5,040 SF | 5 Years | $13.50 /SF/YR $1.13 /SF/MO $68,040 /YR $5,670 /MO | Triple Net (NNN) |
1st Floor, Ste 1955
This unit faces US Hwy 301 with Excellent exposure. It is 5040 SF or open showroom space with a couple of private offices.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Fully Carpeted
- High Ceilings
- Drop Ceilings
- Total Rent is $8,995.00 including opperating exp.
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 | 5,040 SF | Gross Leasable Area | 5,040 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.16/1,000 SF |
| Total Space Available | 5,040 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,040 SF |
| Year Built | 1988 |
| Parking Ratio | 5.16/1,000 SF |
ABOUT THE PROPERTY
Northgate Plaza is located 1 mile south of University Pkwy on US Hwy 301, just minutes from Downtown Sarasota. The plaza has plenty of parking, a pylon sign and a lighted intersection at the corner of Northgate Blvd and US Hwy 301. Asking rate does not include Operating Expenses or Sales Tax. Tenant pays their own electric, telephone, and internet directly to service providers. Operating expenses include HVAC maintenance, repair, and replacement. 2025 Operating Expenses are estimated at $7.45 per Sq Ft.
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Presented by
1st Property Group Inc
1955 Northgate Blvd
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