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8357 N Lockwood Ridge Rd 704 SF Retail Building Sarasota, FL 34243 $2,200,000 ($3,125/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Operated and Guaranteed Lease
- Excellent Access and Visibility to 20,323 Vehicles Per Day
- 168,486 Residents in the Trade Area
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
704 SF
Building Class
B
Year Built
1991
Price
$2,200,000
Price Per SF
$3,125
Cap Rate
5%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.73 AC
Zoning
CG - General Commercial district, intended for a wide range of retail, service, and office uses.
Parking
20 Spaces (28.41 Spaces per 1,000 SF Leased)
Frontage
101’ on Lockwood Ridge Rd
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20475-0030-7 | Improvements Assessment | $118,625 |
| Land Assessment | $351,864 | Total Assessment | $470,489 |
PROPERTY TAXES
Parcel Number
20475-0030-7
Land Assessment
$351,864
Improvements Assessment
$118,625
Total Assessment
$470,489
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8357 N Lockwood Ridge Rd
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