Commercial Property - Office in Sarasota
Listing Price: $1,040,000
Transaction Type: Commercial Sale
Business Type:
- Commercial
- Professional Service
- Professional/Office
Property Use or Sub Type: Office
Description of Property
Property is net leased by Direct Auto Insurance for $49,172/yr. with 3% escalators per yr. Direct has 455 offices throughout the South Eastern US. They specialize in providing coverage to high-risk customers. Customers seeking minimum coverage can find affordable rates with Direct Auto car insurance (Formerly known as Direct General - Not to be confused with "Call for the General" Insurance). https://local.directauto.com/ Traffic is 42,500/day. Five years left on the lease with a 5 yr renewal - 3% per yr escalators. Renovated by tenant in 2019.
Property Details At A Glance
Property Type: Commercial
Property Use or Sub Type: Office
City: Sarasota
County: Sarasota
Sq. Ft. Gross: 1,502
Sq. Ft. Living Area: 1,502
Cost per (heated) sqare foot: $692
Year built: 1971
Annual Tax: $5,065
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Leasable Area: 1,502
Ceiling Height: 8 to 9 Feet
Waterfront Info
Water Access: No
Exterior & Construction
Construction: Block, Metal Frame
Foundation: Slab
Cooling: Central Air
Lot Information
Flood Zone Code: X
Flood Zone Date: 2016-11-04
Flood Zone Panel: 12115C0144F
Acreage Description: 1/4 to less than 1/2
Lot Size (acres): 0.36
Lot Size (sq. ft.): 15,715 square feet
Lot Dimensions: mets & Bounds
Road Frontage: Business District, Divided Highway, Main Thoroughfare
Legal Description & Other Information
Zoning: CG
Total # of Buildings: 1
Tax Legal Desc.: COM NE COR OF NE 1/4 OF SW 1/4 OF NW 1/4 OF SEC 17-37-18 TH S 89-56 W 215.57 FT TO NELY R/W OF TAMIAMI TRAIL TH S 39-03 E 305.39 FT FOR POB TH N 89-56 E 224.5 FT TH S 39-03 E 91 FT TH S 89-56 W
Parcel Number: 0103110016
Section: 17
Range: 18
Township: 37
Listing courtesy of KELLER WILLIAMS REALTY SELECT. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.