North Port, FL - Sun Market Shoppes

Description:

• Brand new 2026 building construction
• Corporate signed Starbucks lease with 10 years of initial term and 6 (5-year) options to renew, demonstrating firm commitment to the location
• Both UPS and Heartland Dental have 10 year terms with 2 (5-year) options to renew
• UPS lease is guaranteed by the franchisee
• All tenants have a 10.0% rent increase occurring after 5 years
• Ideal mix of QSR, Medical/Dental and Service retail

• The subject property is located directly across from a freestanding ALDI market
• The subject is nearby Publix-anchored Shops at Price Crossing, Wawa service station, and Tommy’s Express Car Wash
• Sun Market Shoppes directly abuts Flats at Sundown apartments (224 units) and is near Palm Port apartments (125 units), and EKOS Arbor Park (136 units) providing a direct residential consumer base
• The asset benefits from great visibility along the developing Toledo Blade Blvd (23,000 VPD)
• Toledo Blade Blvd runs directly north to Interstate-75 (78,000 VPD) offering direct links the Sarasota or Fort Myers
• Starbucks-leased drive thru space draws additional vehicle traffic to the property

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Listing ID: a28TP000002GbbxYAC