Located on Tamiami Trail in Venice, Florida, the Subject Property offers excellent access and visibility on US-41 and is ideally located south of Venice Municipal Airport in the midst of residential communities and growth between Downtown Venice and the city of North Port. The surrounding area between Venice and North Port is experiencing significant growth and development which should benefit the Subject Property. The property is located just over 6 miles from the new $450 million Sarasota Memorial Hospital. Additionally, major retailers that include Publix, Home Depot, Target, Walmart, Lowe's are all within 3 miles of the Subject Property. Furthermore, the Subject Property is also close to beaches, such as, Venice Beach and Carpersen Beach . Convenient access to major highways, such as, US-41, Interstate 75, State Road 776 and other thoroughfare roads makes for easy travel throughout the Sarasota MSA. Venice has experienced a population growth greater than 35% since the year 2000 and is expected to experience even further explosive growth with current trends showing great than 1,000 people moving to Florida every day. Median household incomes are up over 70% while property values have increased nearly 170% since 2000. Venice is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property. The Subject Property is a 3,128 square foot medical office building located on Tamiami Trail in Sarasota County. This office space offers the opportunity for multiple types of businesses to gain exposure to potential clients in the Venice area. With 41,000 cars driving by the Subject Property on a daily basis, any business should benefit from the signage and location of the Subject Property. Additionally, the Subject Property is located at the intersection of US-41 and Baffin Drive where a median cut on US-41 allows for access to the Subject Property for northbound and southbound traffic. The Subject Property has a zoning designation of Office, Professional Institutional (OPI) with an underlying zoning and future land use(FLU) of Commercial Corridor(COMCOR).
