Shopping Strip

Expo On Clark

4001 Clark Rd, Sarasota, FL 34233

Listing Price: $20,428,000

Cap Rate
6.70%
Gross SF
67,112
Rentable SF
67,112
Price/Gross SF
$304.39
Lot Size
5.71 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present Expo on Clark in Sarasota, Florida. A 67,112-square-foot retail center located on Clark Road, a major East/West thoroughfare through Sarasota. Offered at $328 per square foot, the property is over 5 acres of highly desirable Sarasota Real Estate. The asset is currently occupied by multiple corporate recognized tenants on staggered lease terms with healthy increases. The center also possesses amazing synergy as many customers spend a good part of their day at the center shopping, dining, and patronizing multiple businesses. The attractive mix of e-commerce proof and service-based tenants ensures the stabilization of asset into the future. Expo on Clark is perfectly situated in the epicenter of this highly desirable retail and dining destination. Offered at $22MM, Expo on Clark provides an investor with a rare opportunity to purchase a true pride of ownership trophy asset. In the immediate area surrounding the subject property, there are numerous retail developments and tourist drivers which ensures enhanced positioning of this property to appreciate in value in the future.

Investment Highlights

  • Beautiful Pride of Ownership Trophy Asset - Truly Coveted Sarasota Real Estate
  • All Tenants Are Open & Paying Rent
  • Over 600 Feet of Frontage on Clark Road With Multiple Points of Access to the Center
  • Recession Proof and Destination Tenant Base Featuring 7 Popular Restaurants and 5 Different Fitness Facilities

Exclusively Listed By

Listing Price: $20,428,000

Cap Rate
6.70%
Gross SF
67,112
Rentable SF
67,112
Price/Gross SF
$304.39
Lot Size
5.71 acres
Year Built
2006

Investment Highlights

  • Beautiful Pride of Ownership Trophy Asset - Truly Coveted Sarasota Real Estate
  • All Tenants Are Open & Paying Rent
  • Over 600 Feet of Frontage on Clark Road With Multiple Points of Access to the Center
  • Recession Proof and Destination Tenant Base Featuring 7 Popular Restaurants and 5 Different Fitness Facilities

Investment Overview

Marcus & Millichap is pleased to present Expo on Clark in Sarasota, Florida. A 67,112-square-foot retail center located on Clark Road, a major East/West thoroughfare through Sarasota. Offered at $328 per square foot, the property is over 5 acres of highly desirable Sarasota Real Estate. The asset is currently occupied by multiple corporate recognized tenants on staggered lease terms with healthy increases. The center also possesses amazing synergy as many customers spend a good part of their day at the center shopping, dining, and patronizing multiple businesses. The attractive mix of e-commerce proof and service-based tenants ensures the stabilization of asset into the future. Expo on Clark is perfectly situated in the epicenter of this highly desirable retail and dining destination. Offered at $22MM, Expo on Clark provides an investor with a rare opportunity to purchase a true pride of ownership trophy asset. In the immediate area surrounding the subject property, there are numerous retail developments and tourist drivers which ensures enhanced positioning of this property to appreciate in value in the future.

Exclusively Listed By

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