For Sale $2,450,000
Property Type Retail - Freestanding
Property Size 5,036 SF
Lot Size 0.47 Acre
Year Built 1958
Year Renovated 2022
Date Updated Jan 12, 2024

Clark Rd.American Property Group presents 4571 Clark Road, Sarasota, FL 34233: - Single Tenant NNN Investment This is Heritage Cigars' third location (San Diego & Tampa). The tenant was given four months of rent abatement for their buildout which they spared no expense on. This business is now the "go-to" business in Sarasota for anything cigar related. Investment Highlights: Lease term: 9/23/22 - 1/31/30 Options: (2) Five-year extension options Monthly rent in year 1: $11,916 + NNN + Sales Tax 3% Annual increases NOI: $143,000

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Contacts

Tyler Sluman

American Property Group of Sarasota

(941) 840-3954

Location

Getting Around

Walk Score ®
36/100 Car-Dependent
Bike Score ®
38/100 Somewhat Bikeable

City Sarasota, FL
Neighborhood Amberlea
Zip Code 34233
Market Southwest Florida Coast

Points of Interest

7-Eleven

0.20 miles
Marathon

0.50 miles
RaceTrac

0.68 miles
Sunoco

0.75 miles
Marathon

0.83 miles
Wawa

0.90 miles
Shell

1.26 miles
7-Eleven

1.27 miles
Mobil

1.40 miles
7-Eleven

1.41 miles

Best Buy

3.79 miles
Westfield Southgate

3.88 miles
South Parking Garage

4.62 miles
Celery Fields Parking Lot

4.73 miles
Waldemere Parking Garage

4.78 miles
West Garage

4.79 miles
North Parking Garage

4.83 miles
Public Beach Access 5

5.35 miles
Selby Gardens Parking Lot

5.50 miles
State Street Parking Garage

5.96 miles

McDonald's

0.37 miles
Buffalo Wild Wings

0.62 miles
Moe's Southwest Grill

0.71 miles
Jimmy John's

0.82 miles
Chick-fil-A

0.88 miles
Applebee's

1.02 miles
Gecko's Grill and Pub

1.03 miles
Asian Kitchen

1.03 miles
Cafe Barbosso

1.04 miles
Dunkin'

1.21 miles

Publix

0.64 miles
Walmart Neighborhood Market

0.92 miles
Bealls

0.98 miles
Publix

1.47 miles
Winn-Dixie

1.98 miles
Big Lots

2.21 miles
Publix

2.26 miles
Walmart Supercenter

2.30 miles
Walmart Neighborhood Market

2.31 miles
Publix

2.41 miles

Frequently Asked Questions

What is the lease rate for Heritage Cigar & Wine Lounge?

Rental asking rate at Heritage Cigar & Wine Lounge is $1,225,000.00/YR.

What is the total square footage of Heritage Cigar & Wine Lounge?

Heritage Cigar & Wine Lounge totals 5,036 square feet.

When was this property built?

Heritage Cigar & Wine Lounge was built in 1958.

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