retail center for sale...this area enjoys the highest retail consumption in venice and is seeing...

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2252-2254 TAMIAMI TRAIL, S., VENICE, FL 34293 RETAIL CENTER FOR SALE

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Page 1: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

2252-2254 TAMIAMI TRAIL, S., VENICE, FL 34293RETAIL CENTER FOR SALE

Page 2: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 2

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

PROPERTY OVERVIEW

Just north of the Tamiami Trail/SR776 intersection, this property offers excellent visibilityand high traffic counts (AADT 47,500). Includes two parcels; a free-standing 1,104 SFbuilding, a two-tenant 6,195 SF retail facility and an income producing billboard. Thisproperty can be combined with the adjoining property for a 1.5 acre retail site with 300' offrontage on Tamiami Trail. This area enjoys the highest retail consumption in Venice andis seeing increased, new development.This property is ready for progress.

PROPERTY HIGHLIGHTS

• Excellent Location in Venice• Multi-tenant Property - Bar Business For Sale• Redevelopment Opportunity• Assemble 1.5 Acres, 300' Frontage on Tamiami Trail

CUSTOM SECTION 2Enter description text...

PROPERTY SUMMARY

Sale Price: $1,450,000

Lot Size: 42,759 SF

Building Size: 7,299 SF

Zoning: CG

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale Executive Summary

Page 3: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 3

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale

Page 4: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 4

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

* Demographic data derived from 2010 US Census

1 Mile 3 Miles 5 Miles

Total Population 6,192 37,677 65,917

Population Density 1,971 1,333 839

Median Age 50.2 55.2 59.4

Median Age (Male) 49.3 54.1 58.5

Median Age (Female) 51.3 56.1 60.2

Total Households 2,755 17,502 32,243

# of Persons Per HH 2.2 2.2 2.0

Average HH Income $55,089 $56,420 $59,935

Average House Value $225,821 $224,672 $251,662

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale Demographics Map

Page 5: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 5

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale Combined Development Opportunity

Page 6: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 6

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale Retailer Map

Page 7: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 7

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

1 South School AvenueSarasota, FL 34237

T 941.906.8688C [email protected]

Broker AssociateLINDA EMERY Professional Background

Linda Emery joined IBRE in March 2017 and brings a wealth of knowledge and experience in commercial realestate . Linda’s career in real estate began in 1979 as a real estate paralegal, and her knowledge and experiencehas continued to grow in this fast-paced commercial real estate market. Her involvement in commercial real estateproved to be a true asset as Manager of Administration with Uniroyal Technology Corporation. Along withsubleasing and managing Uniroyal’s 36,000 SF Class A office space, Linda was instrumental in the site selectionand start-up of its 50,000 SF facility in Tampa. With her promotion to Director of Business Communication &Administration with Uniroyal, she enhanced her skills in marketing, public and community relations and marketresearch. Since 2004, Linda has continued to expand her focus to include areas of the market that compliment hercommercial sales and leasing business including construction management, establishing and managing officecondominium associations, and leasing/asset management of large real estate portfolios in the Sarasota area, witha strong focus on medical properties. Linda is actively involved in the commercial real estate market, as well as theeconomic and governmental issues that affect it and the community, through her commitment to a number ofbusiness and community organizations. Linda served as 2013 President of the Commercial Investment Division(CID) of the Sarasota Association of Realtors. Under her leadership, the CID achieved the distinguishedCommercial Services Accreditation and was awarded the 2013 ACE award for Accredited Commercial Excellence,both from the National Association of Realtors. A resident of Sarasota for 28 years, Linda loves gardening andenjoying the beautiful Florida outdoors with her husband of 38 years.

Top Producer 2015, 2016 - SVN Commercial Advisory GroupLargest Number of Transactions 2014, 2015 - SVN Commercial Advisory GroupLargest Lease Transaction 2016 SVN Commerial Advisory GroupPast President 2013 and Current Member - Commercial Investment Division - Sarasota Manatee Association ofRealtors2010 Sarasota Commercial Realtor of the Year - Sarasota Manatee Association of RealtorsTop Commercial Producer 2010 - Michael Saunders Commercial Group

Memberships & AffiliationsNational, Florida, and Sarasota Manatee Associations of RealtorsCommercial Investment Division (CID) of the Realtor® Association of Sarasota – Manatee

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale Linda Emery, Broker Associate

Page 8: RETAIL CENTER FOR SALE...This area enjoys the highest retail consumption in Venice and is seeing increased, new development.This property is ready for progress. ... and start-up of

Retail Center for Sale2252-2254 Tamiami Trail, S., Venice, FL 34293

Retail Property For Sale Nick DeVito II, SIOR

1 South School AvenueSarasota, FL 34237

T 941.906.8688 x112C 941.928.1243F [email protected]

1 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com 8

Please Contact:

LINDA EMERY NICK DEVITO II, SIOR941.906.8688 941.906.8688 [email protected] [email protected]

NICK DEVITO II, SIORSales Agent/Partner

Professional BackgroundMr. DeVito, a 6th generation Floridian, grew up in Sarasota as did his parents, Nick Menard DeVito and NancyAlday, so his Sarasota roots run deep. After graduating from Riverview High School, Nick attended the Universityof Florida and received a B.A. at the College of Business, focusing on Finance, Marketing, and Real Estate. Nickjoined Ian Black Real Estate in 2010 and in 2016 was named a partner in the firm. Over the years, he hassuccessfully assisted clients with leasing, sales, and tenant representation for regional expansion of warehouse,office, and retail locations. Other specialties include acquisition and disposition of Investment, Owner/User andReal Estate owned properties for lending institutions and Trusts. Companies Nick has served include NorthernTrust, Gorman Plumbing, Berlin Patten Ebling, Lennox, ASO, Roofing Supply Group, Wentzel’s Heating and Air,Allied Building Products, HD Supply, Custom Air & Plumbing, Massey Services, Clark & Washington, TidewellHospice, Microtron Inc., The Starling Group, Willis Smith Construction, Linksters, and Paddywagon. In 2017,DeVito worked with the Sarasota County Sheriff’s Department to help assess the market in their relocation and topurchase of a 70,000 square foot office facility. Additionally, he helped organize a local investment group topurchasing a 206,000 square foot distribution facility, which was more than 65% vacant. After signing a nationaltenant for over 103,000 square feet, the facility currently has less than a 10% vacancy. In 2015, a family trustturned over their portfolio - a collection of medical office buildings, retail shopping centers and flex warehousespace totaling over 200,000 square feet along the Gulf Coast, from Ellenton/Palmetto in the north and PortCharlotte/Cape Coral/Lehigh Acres in the south. From 2012 through 2017, Nick has achieved $80,000,000 in salesrepresenting a total of over 1,200,000 square feet of property.

Memberships & AffiliationsNick holds the prestigious designation as a member of the Society of Industrial and Office Realtors (SIOR). He isalso a member of the International Council of Shopping Centers (ICSC); a member of the National, Florida, andRealtors Association of Manatee and Sarasota (RAMS); and a member if Commercial Investment Division (CID) ofRAMS, and a Certified Commercial Investment Member (CCIM) member, actively pursuing the CCIM designation.

EducationBachelor of Arts - University of Florida, College of BusinessCCIM Candidate