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411-481 N Orange Ave
1,200 - 3,600 SF of Office/Retail Space Available in Sarasota, FL 34236
Highlights
- Ground floor retail/office space below residential condo units
- Excellent frontage on N Orange Street with 10,000 VPD
- Honored with the prestigious award of "Best Low-Rise Development" by nationally-acclaimed Multi-Housing News
- Unit 411 is a corner unit, restaurant ready with built in hood and grease trap with exterior dining
- Ground floor retail/office space below residential condo units
- Close to Sarasota's best lifestyle amenities: Main Street, The Bay, Bayfront Park, Payne Park, Sarasota Memorial Hospital and SRQ Airport
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 411 | 2,400 SF | 2-5 Years | $25.00 /SF/YR $2.08 /SF/MO $60,000 /YR $5,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 441 | 1,200 SF | 2-5 Years | $24.00 /SF/YR $2.00 /SF/MO $28,800 /YR $2,400 /MO | Triple Net (NNN) |
1st Floor, Ste 411
Restaurant ready; breakfast and lunch. Can be used for restaurant, retail, or office space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Open Floor Plan Layout
- Covered Exterior Space
- Corner Unit
1st Floor, Ste 441
Mostly open retail or office space ready for move in.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Private Restrooms
- Frontage on N Orange Ave
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 411-481 N Orange Ave , Sarasota, FL 34236
| Property Type | Retail | Year Built | 2011 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.35/1,000 SF |
| Gross Leasable Area | 33,072 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 33,072 SF |
| Year Built | 2011 |
| Parking Ratio | 0.35/1,000 SF |
About the Property
The Citrus Collection of condominium residences, apartment rentals and retail shops pioneered the concept of new urbanism in the Rosemary District, establishing a well-planned neighborhood streetscape with a mix of retail shops, restaurants, green spaces, and boutique style residences. Honored with the prestigious award of "Best Low-Rise Development" by nationally-acclaimed Multi-Housing News, the judges stated that the Citrus Collection "doesn't look like it just showed up. It's a nice little jewel box a gem that was well implemented." LIFESTYLE Downtown Sarasota's Rosemary District is a walkable neighborhood with diverse restaurants, artist studios, galleries, showrooms, businesses and boutiques. LOCATION Close to Sarasota's best lifestyle amenities: Main Street, The Bay, Bayfront Park, Payne Park, Sarasota Memorial Hospital and SRQ Airport. BEACHES A short ride over the iconic Ringling Bridge to St. Armands Circle and Lido Key's public beaches: North Lido Beach, Lido Public Beach and Ted Sperling Park. TRANSPORTATION One secured covered parking space. 0.4 mile to Sarasota Breeze bus transfer station 0.5 mile to Bay Runner Trolley stop
- Property Manager on Site
- Restaurant
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Citrus Square
411-481 N Orange Ave
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