Skip to main content

Single-Tenant Vacant-User

Former Denny's

1763 S Tamiami Trail, Venice, FL 34293

Listing Price: $1,350,000

Tenant Name
Vacant
Years Remaining On Lease
0.8
Guarantor
No Guarantee
Rentable SF
5,031
Lease Type
Tenant at Will

Investment Overview

Marcus & Millichap is pleased to present Former Denny’s, a truly rare investment opportunity for an investor to purchase a rare redevelopment opportunity. The location is extremely strong and ideally located in the center of a dense retail corridor. Additionally, this dense infill, high barrier to entry location is situated on US 41, the main N/S thoroughfare through Southwest Florida, which sees over 48,000 Cars Per Day. The property has numerous location drivers including being an outparcel to Lowe’s Home Improvement Center, is next door to a very successful Carrabba’s Restaurant, is surrounded by numerous national restaurant concepts and is located in a high growth, emerging SW Florida market. With strong local market rents in this highly desirable corridor, the options are immense for this property transformation. This redevelopment opportunity offers an investor the potential to either convert the existing structure or demolish and erect a new build to suit building.

Investment Highlights

  • Redevelopment strategy / Conversion or Build to Suit
  • Highly Desirable Location
  • 48,000 Cars Per Day on US 41 – the Main Business and Commuter Artery
  • Ideally Located in the Heart of Dense Retail Corridor
  • Outparcel to Lowe's Home Improvement Center
  • Adjacent to a Signalized Intersection
  • Ideally Located in the Path of Progress & Development / Population Migration
  • Sarasota - Bradenton MSA: Ranks as the 10th Fastest Growing Metropolitan Areas in the U.S.

Exclusively Listed By

Single-Tenant Vacant-User

Former Denny's

Listing Price: $1,350,000

Tenant Name
Vacant
Years Remaining On Lease
0.8
Guarantor
No Guarantee
Rentable SF
5,031
Lease Type
Tenant at Will

Investment Highlights

  • Redevelopment strategy / Conversion or Build to Suit
  • Highly Desirable Location
  • 48,000 Cars Per Day on US 41 – the Main Business and Commuter Artery
  • Ideally Located in the Heart of Dense Retail Corridor
  • Outparcel to Lowe's Home Improvement Center
  • Adjacent to a Signalized Intersection
  • Ideally Located in the Path of Progress & Development / Population Migration
  • Sarasota - Bradenton MSA: Ranks as the 10th Fastest Growing Metropolitan Areas in the U.S.

Investment Overview

Marcus & Millichap is pleased to present Former Denny’s, a truly rare investment opportunity for an investor to purchase a rare redevelopment opportunity. The location is extremely strong and ideally located in the center of a dense retail corridor. Additionally, this dense infill, high barrier to entry location is situated on US 41, the main N/S thoroughfare through Southwest Florida, which sees over 48,000 Cars Per Day. The property has numerous location drivers including being an outparcel to Lowe’s Home Improvement Center, is next door to a very successful Carrabba’s Restaurant, is surrounded by numerous national restaurant concepts and is located in a high growth, emerging SW Florida market. With strong local market rents in this highly desirable corridor, the options are immense for this property transformation. This redevelopment opportunity offers an investor the potential to either convert the existing structure or demolish and erect a new build to suit building.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower