•	100% leased multi-tenant retail strip featuring a strong mix of tenants: Irma’s Tacos, The Color Room, and Dr. Smiles
•	Brand new 10-year leases for each tenant
•	Tenant pays for CAM, taxes, and insurance
•	Investor benefits from fee-simple ownership of the building and land
•	Low management investment opportunity for a passive investor in a state with no state income tax

Offering Memorandum

•	The asset is strategically fronting Fruitville Road with excellent visibility
•	Fruitville Road, also known as State Highway 780, is a busy east/west retail thoroughfare serving Sarasota area with over 55,000 VPD
•	Adjacent to the on/off ramps of Interstate 75 (119,000 VPD), the main North/South freeway traveling along the west coast of Florida and through Tampa
•	Nearby notable national/credit tenants such as Sam’s Club, Lowe’s Home Improvement, Target, Publix, Winn-Dixie, Dollar Tree, Office Depot, and more
•	Influx of future retailers, hotels, offices, and apartments in the immediate area
•	Increases consumer demand and promotes crossover shopping in the area
•	The 1-mile trade area population is expected to grow 7% over the next 5 years and possibly more as the Fruitville Commons and Southwood Village projects take shape
•	More than 136,000 residents and 63,000 employees support the trade area
•	Healthy $94,582 average household income
•	Just north of the property is Lakewood Ranch, a 31,000-acre master planned community (over 36x the size of NYC Central Park) with over 14,700 homes

Sarasota, FL - Fruitville Commons Pad D

<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

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Sarasota, FL - Fruitville Commons Pad D

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