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2317 Bee Ridge Rd
Sarasota, FL 34239
2317-2321 Bee Ridge Rd, Sarasota (E-W Artery) · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,000 SF
Building Class
C
Year Built
1957
Tenancy
Single
Building Height
1 Story
Building FAR
0.77
Lot Size
0.18 AC
Zoning
CG - Commercial General
Parking
4 Spaces (0.69 Spaces per 1,000 SF Leased)
Frontage
55’ on Bee Ridge Rd

Amenities

  • Fenced Lot
  • Pylon Sign
  • Signage

About 2317 BEE RIDGE RD , SARASOTA, FL 34239

Sale includes two properties combined as one, 100% tenant occupancy with an estimated cash purchase 7.4% cap rate! One side with auto repair/sales space (approx 4500 sq ft under roof) with large second story platform for additional storage, and the other side with window tint space (approx 2500 sq ft under roof). Parking for approx 25 cars in front lot and 10 cars in rear lot, plus some side street access as well. Direct frontage facing major East-West traffic artery Bee Ridge Road linking I-75 to US41 and points North-South including Sarasota Hospital, core downtown business/shopping/dining areas, and onward up to SRQ airport. Auto repair/sales space leases for approximately $5500/mo and includes management admin office, customer waiting area with interior private restroom and large service bay garage area with eight 16' roll-up doors (front and rear), three hydraulic lifts, dedicated warehouse area to one side for parts storage. Auto window tint space leases for approximately $3000/mo (market rate could dictate higher) and includes management admin office, customer waiting area with interior private restroom and large service bay garage area with dedicated warehouse area to one side for parts storage. Modified tenant gross lease price. Tenant pays utilities and repairs. Building owner pays insurance (5,000), RE taxes (12,000). Tenant to provide all direct utilities, trash/disposal, cable, internet, telephone services. etc. Secure facility with electronic property surveillance, access/alarm systems. May continue as investment property with both tenants in place, or may be vacated for an owner to occupy. Tax records do not accurately reflect division of square footage. Confidentiality/NDA required for more details. Showings only by appointment and with discretion. No sign on property. Offering is real estate only. Businesses currently operating, not included at this price.

Property Taxes

Property Taxes

Parcel Number
0057-14-0016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,012,330
  • Listing ID: 17209760

  • Date on Market: 9/16/2019

  • Last Updated:

  • Address: 2317 Bee Ridge Rd, Sarasota, FL 34239

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