Property Description

This is a Value-Add Opportunity! The property is presently 100% occupied with a wait list. The Atriums is
a modern designed, 55-unit office building with separate entrances for each office suite, and clerestory
windows that provide an abundance of natural lighting. Its cluster grouping of offices creating a smaller,
cozier, natural environment with plenty of parking.
The Atriums office sizes range from 140 square feet to our 1,200 SF, two-story flagship, allowing
businesses to grow without changing addresses. Recently, the property has been going through a
transformation with major upgrades to the office, security systems, restroom facilities, the walkways,
fresh exterior paint and roof coating, culminating in a state-of-the-art video conferencing and meeting
room available for use by all Atrium tenants.
Everything is included; all computer and video systems, maintenance garage and shed with all the tools,
spare parts, ladders, etc. as well as website and intellectual property.
The Atriums offers ease of meeting out-of-town clients and vendors.
Ideally located on Route 41 / Tamiami Trail, right next to the Sarasota-Bradenton International Airport
with a AADT of 38,500 cars passing by the property. There is one ingress/egress off Route 41 and two off
Hernando Rd. The Viage Group Boat Dealership is to the North and the Deluxe Inn, Hilton Garden
Inn/Home 2 Suites and mini storage is to the South and East. NOI of over $131,000 transitioning to a
market rent proforma yielding approximately $218,000.

Features
: Central Air
Address Map
US
FL
Manatee
Sarasota
BALLENTINE MANOR BAY HEIGHTS
34243
TAMIAMI
8051
TRAIL
W83° 26' 14.1''
N27° 23' 50.6''
Tamiami Trail to property
34243 - Sarasota
N
GC/WR/AI
Additional Information
https://www.propertypanorama.com/instaview/stellar/A4558954
2023-01-30
: Slab
: Block
17606
Financial
32329.34
Listing Information
456516273
266500085
Expired
2023-07-23T04:12:08Z
Stellar
: None
2023-07-23T04:10:42Z

Commercial Sale For Sale

8051 N Tamiami Trail, Sarasota, Florida 34243

17,711
$2,600,000
Listing ID #A4558954
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A4558954
Price : $2,600,000
Square Footage : 17,711
Year Built : 1985
Lot Area : 1.76 Acre
Office Name : SARABAY REAL ESTATE INC
Agent Name : Michael Gallatin
Property Sub Type : Office
Listing Status : Expired
Agent info
Contact Agent