For Sale $1,499,000
Property Type Office - General Office
Property Size 20,073 SF
Lot Size 1.04 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 2004
Year Renovated 2020
Date Updated Feb 9, 2024

Convenient location on Honore Ave within Palmer Ranch. Close to I75. Surrounded by commercial and residential.Income Producing Investment! Suitable for a 1031 Exchange. Multi tenant office building in a central, prime location. This is a two story, 20,073 sf, building with good access and visibility. Currently there are six tenants with solid term leases. Many of the tenants have been there over 7 years and have continually renewed their leases when come due. Ample parking is available. Conveniently located in the Palmer Ranch area adjacent to the Palmer Crossing retail complex. The property has good access from I75. The building is on a long term land lease with 80 years left to the lease.

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Highlights

Income Producing Property
100% Occupancy with six long term tenants
Ample parking onsite
Located on Honore just off Clark Rd

Contacts

Michele Fuller

Ian Black Real Estate

(941) 906-8688

Location

Getting Around

Walk Score ®
47/100 Car-Dependent
Bike Score ®
49/100 Somewhat Bikeable

Map
Street

City Sarasota, FL
Neighborhood Sunrise Golf Club Estates
Zip Code 34232
Market Southwest Florida Coast

Points of Interest

Marathon

0.13 miles
Wawa

0.22 miles
Shell

0.49 miles
Mobil

0.60 miles
7-Eleven

0.63 miles
7-Eleven

1.00 miles
Marathon

1.21 miles
RaceTrac

1.50 miles
Sunoco

1.58 miles
7-Eleven

2.09 miles

Celery Fields Parking Lot

4.49 miles
Best Buy

4.61 miles
Westfield Southgate

4.67 miles
Publix

4.80 miles
South Parking Garage

5.36 miles
Waldemere Parking Garage

5.51 miles
West Garage

5.52 miles
North Parking Garage

5.56 miles
Public Beach Access 5

6.18 miles
Selby Gardens Parking Lot

6.23 miles

Comfort Suites Sarasota-Siesta Key

0.35 miles
Holiday Inn Express & Suites Sarasota East - I-75

0.51 miles
Hampton Inn Sarasota - I-75 Bee Ridge

2.47 miles
Home2 Suites Sarasota I-75 Bee Ridge

2.81 miles
Hibiscus Suites

3.89 miles
Carlisle Inn

4.39 miles
Hyatt Residence Club Sarasota, Siesta Key Beach

4.54 miles
Siesta Sun Beach Villas

4.55 miles
Comfort Inn & Suites

4.93 miles
Sleep Inn Sarasota I-75

4.98 miles

Jimmy John's

0.14 miles
Chick-fil-A

0.15 miles
Cafe Barbosso

0.21 miles
Asian Kitchen

0.23 miles
Gecko's Grill and Pub

0.23 miles
Applebee's

0.24 miles
Dunkin'

0.45 miles
Burger King

0.57 miles
Waffle House

0.58 miles
Subway

0.60 miles

Sarasota Middle School

0.69 miles
New Gate School

0.76 miles
Ashton Elementary School

0.82 miles
Sarasota School For Innovative Studies

2.10 miles
Suncoast Technical College

2.57 miles
Sarasota County Technical Institute

2.61 miles
Lake View Elementary

2.64 miles
Gulf Gate School

2.66 miles
Sarasota County Student Center

2.68 miles
Wilkonson Elementary School

2.76 miles

Koala Early Education Center

7.42 miles
Children First

7.54 miles
PGT Childcare

9.23 miles
Sprouts Child Development Center

9.64 miles

Frequently Asked Questions

What is the lease rate for Income Producing Investment Opportunity!?

Rental asking rate at Income Producing Investment Opportunity! is $749,500.00/YR.

What is the total square footage of Income Producing Investment Opportunity!?

Income Producing Investment Opportunity! totals 20,073 square feet.

When was this property built?

Income Producing Investment Opportunity! was built in 2004.

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