46-52 S Palm Ave
Sarasota, FL 34236
Property For Lease
Highlights
- Newly renovated shell space on prestigious South Palm Avenue in the heart of the city.
- 1,582 sq. ft. of flexible space suitable for retail, or specialty concepts.
- Financials and personal/corporate lease guarantees required; tenant responsible for utilities and insurance.
- Sugar Palm Court offers shared outdoor tables and seating for tenants and patrons, creating a vibrant atmosphere.
- Three reserved spaces with convenient rear alley access for each unit.
Property Facts
| Property Type | Retail | Gross Leasable Area | 1,582 SF |
| Property Subtype | Freestanding | Year Built/Renovated | 1959/2024 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,582 SF |
| Year Built/Renovated | 1959/2024 |
About the Property
Newly renovated shell space available on prestigious S Palm Ave in the heart of downtown Sarasota. Space is 1,582 sqft. Sugar Palm Court features a new courtyard setting with outside tables and chairs provided for the shared usage of tenants and patrons. This premium location lends itself to a carefully curated tenant mix that will provide a distinctive "sense of place". 3 dedicated parking spaces at rear alley access for each unit. Tenant costs: Besides $45 base rent, tenant will be responsible for NNN prorated costs (including CAM) which will be based on actual costs and expected to be in in the $14.25 psf for 2025 annually (subject to change yearly). Utilities, tenant's insurance policy and base rent increase of 4% annually. Tenant to provide financials and guarantee lease personally and corporately 5 year minimum lease term. 10 year maximum.
- Courtyard
- Signage
- Tenant Controlled HVAC
