|Gross Leasable Area (GLA)||19,230 Sq.Ft.|
|Price Per Square Foot (GLA)||$145|
|Lot Size||2.28 Acres|
Marcus & Millichap is pleased to have sold North Port Place (the “Property), a 19,230 +/- square foot multi-tenant retail center located on heavily traveled South Tamiami Trail (31,500 +/- cars per day) within the city of North Port, which is in Sarasota County on Florida’s west coast. The Property is 100 percent leased to a variety of local, regional, and national tenants including Pizza Hut (NPC International), DaVita Dialysis, and Calusa National Bank.
The tenants in North Port Place benefit from increased consumer traffic into the area due to its strategic location adjacent to numerous power retailers including Walmart, Home Depot, Lowe’s, Publix, Ross, T.J. Maxx, CVS, Walgreens, Hobby Lobby, Sports Authority, and Bealls. Two of the area’s premier golf course communities, Sable Trace Golf & Country Club and Heron Creek Golf & Country Club, are located within two miles of the site. The retail trade area draws from a total population of nearly 300,000 within a 15 mile radius.
First Vice President Investments