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3576 Webber St 2,180 SF Retail Building Sarasota, FL 34239 $495,000 ($227.06/SF) 7.19% Cap Rate
INVESTMENT HIGHLIGHTS
- Extremely high trafficked intersection
- simple structure, easy to maintain, part of a strip mall
- Excellent visibility driving South on Beneva Rd.
EXECUTIVE SUMMARY
Investment property, leased. Easy to maintain. Excellent visibility (building is facing Beneva Rd. on a beneficial angle for great visibility). Traffic count AADT around 30,000 plus. Landlord expenses taken into account in cap rate: insurance, property taxes, annual fire extinguisher inspection. A/C repairs up to $1,000 and A/C maintenance are tenant responsibility. Structural, roof and mechanical systems are landlord responsibility. Rent bumps: 3 % or CPI whichever is higher. Lease ends: 8/15/28 Options: 2 x 5 years
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,180 SF
Building Class
B
Year Built
1970
Price
$495,000
Price Per SF
$227.06
Cap Rate
7.19%
NOI
$35,576
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
0.07 AC
Zoning
CG - General Commercial
Parking
4 Spaces (1.83 Spaces per 1,000 SF Leased)
Frontage
30’ on Beneva Rd
AMENITIES
- Bus Line
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 0059-01-0003 | Total Assessment | $367,600 |
| Land Assessment | $166,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $201,100 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
0059-01-0003
Land Assessment
$166,500
Improvements Assessment
$201,100
Total Assessment
$367,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Ktima LLC
3576 Webber St
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