331 John Ringling Blvd, a prime retail investment opportunity and the home of
Everything but Water on world renowned St Armand's Circle in Sarasota, FL. This
3,554 SF building has been completely renovated, enlarged and demised into two
spaces in 2025 with new storefronts, electrical, HVAC, lighting, plumbing and
restroom at a substantial cost and is currently 100% leased by two national
tenants making it an attractive prospect for retail investors. With its prime
location and annual increases in lease rates, this property offers excellent return
on capital.
Located on the highly sought after St. Armand's Circle on Lido. There is an
abundance of foot traffic year round. Surrounded by the beautiful blue waters
and beaches of the Gulf of Mexico, including Lido Key, Longboat Key, Anna Maria
Island and Siesta Key. Located just over the bridge from the city of Sarasota with
more than 1,000 new condos slated to be added to the downtown Sarasota area,
further increasing the demographic desirability.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
