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Palm Aire Plaza 3 5881-5897 Whitfield Ave 4,264 SF of Office Space Available in Sarasota, FL 34243
Highlights
- Right off University Pkwy in the midst of millions of square feet of development along the University Parkway
- Excellent visibility with building and monument signage / Ample on site parking available
- Ground floor Restaurant
- $8 CAM
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5897 | 4,264 SF | Negotiable | $29.00 /SF/YR $2.42 /SF/MO $123,656 /YR $10,305 /MO | Triple Net (NNN) |
1st Floor, Ste 5897
This property is a prime leasing opportunity at 5897 Whitfield Avenue, offering a ground floor 2nd Generation Restaurant Space at a competitive rate, providing an attractive setting for businesses seeking a prominent location. With excellent visibility accompanied by building and monument signage, businesses can make a strong impression in the area. Ample parking is available, ensuring convenient access for both tenants and visitors. With a competitive CAM rate of $9, which includes water/sewer and trash, this property presents an appealing opportunity for businesses seeking a well-appointed and cost-effective space.
- Lease rate does not include utilities, property expenses or building services
- Ground floor Retail/office suite at a competitive
- 2nd floor office suite available February 2026
- Open floor plan with private bathroom
- Excellent visibility with building and monument si
- Ample parking available
- $8 CAM (Includes Water/Sewer, Trash)
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.
Site Plan
Property Facts
| Total Space Available | 4,264 SF | Gross Leasable Area | 13,042 SF |
| Property Type | Retail | Year Built | 1985 |
| Total Space Available | 4,264 SF |
| Property Type | Retail |
| Gross Leasable Area | 13,042 SF |
| Year Built | 1985 |
About the Property
Location, Location, Location!! Three building plaza located at the entrance to Palm Aire and fronting University Parkway. Mid-way between I 75 and US 301 makes this property convenient to both east and west of both Manatee and Sarasota Counties. This restaurant space at Palm Aire Plaza is an ideal setting with mature oak trees and outside seating available.
- Restaurant
Nearby Major Retailers
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Palm Aire Plaza 3 | 5881-5897 Whitfield Ave
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