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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.

Property Details of 8051 N Tamiami Trail

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Listed by Michael Gallatin of SARABAY REAL ESTATE INC

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Sarasota, FL Schools

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Based on information submitted to StellarMLS as of June 7, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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