Creekwood Commons East/Bldg. C at 4920 Lena Road, Bradenton FL, 34211

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Industrial Property for Sale

Creekwood Commons East/Bldg. A/B at 4908/4914 Lena Road, Bradenton FL, 34211

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Vacant Land Property for Sale

Lakewood Ranch Corp Park Development Site at Communications Parkway, Sarasota FL, 34240

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Office Property for Sale

FORECLOSURE – SHORT SALE: Lakewood Ranch Office Bldg at 5581 Broadcast Court, Sarasota FL, 34240

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Office Property for Sale

Bank and Office Building – SR-70, Lakewood Ranch at 11509 Palmbrush Trail, Bradenton FL, 34202

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Retail-Commercial Property for Sale

San Marco Plaza – Lakewood Ranch at 8209 Nature’s Way 203, Bradenton FL, 34202

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Office Property for Sale

UNIVERSITY PARKWAY OFFICES at 2970 UNIVERSITY PARKWAY, Sarasota FL, 34240

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Office Property for Sale

Arthur Rutenburg Building at 9415 Town Center Parkway, Bradenton FL, 34202

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Industrial Property for Sale

936 sq. ft. Unit – Lakewood Ranch at 7353 International Place, Unit 302, Sarasota FL, 34240

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Industrial Property for Sale

741 sq. ft. end unit – Lakewood Ranch at 7353 International Place, Unit 301, Sarasota FL, 34240

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Industrial Property for Sale

61,100 sq. ft. Manufacturing Facility at 7040 Professional Parkway East, Sarasota FL, 34240

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Retail-Commercial Property for Sale

REDUCED!!! RETAIL STORE SAN MARCO PLAZA IN LAKEWOOD RANCH at 8215 Natures Way, Bradenton FL, 34202

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Vacant Land Property for Sale

Heritage Harbour – 14+/- Acre Retail Site at 8350 SR 64 East, Bradenton FL, 34212

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Office Property for Sale

Sarasota Memorial Healthcare Center – Heritage Harbour at 1040 River Heritage Boulevard, Bradenton FL, 34212

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Office Property for Sale

1838 Rye Rd., Suite B at 1838 Rye Rd., Bradenton FL, 34212

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Industrial Property for Sale

Lena Business Center – Close to I-75 – Suite 107 at 3103 81st Court East, Bradenton FL, 34211

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Office Property for Sale

Lakewood Ranch Technology Park (Sale) at 7224 Kyle Court, Sarasota FL, 34240

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Industrial Property for Sale

Distribution Center at 7321 Trade Court, Sarasota FL, 34240

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Office Property for Sale

10530 Portal Crossing 101-108 at 10530 Portal Crossing-Suites 105 & 106, Bradenton FL, 34211

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Office Property for Sale

PORTAL CROSSING at 10520 Portal Crossing , Bradenton FL, 34211

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Office Property for Sale

LAKEWOOD RANCH OFFICE for SALE at 10520 Portal Crossing, Bradenton FL, 34211

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Vacant Land Property for Sale

RICHLAND PLAZA OUTPARCEL at 10608 State Route 64 East & Portal Crossing, Bradenton FL, 34208

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Shopping Center Property for Sale

COURTYARDS at MARKET SQUARE at 9114 Town Center Parkway, Bradenton FL, 34202

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Office Property for Sale

Creekwood East at 5454 Lena Rd., Bradenton FL, 34211

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Office Property for Sale

Creekwood East Suite 104 at 5460 Lena Rd., Bradenton FL, 34211

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Industrial Property for Sale

Canterbury Commons at 11033 Gatewood Dr. A-2, Bradenton FL, 34211

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Industrial Property for Sale

Lena Commons at 3115 81st Ct. E., Bradenton FL, 34211

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Retail-Commercial Property for Sale

Clock Tower – San Marco Plaza in Lakewood Ranch!! at 8113 Nature’s Way, Bradenton FL, 34202

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Industrial Property for Sale

Canterbury Commons Professional Park at 11035 Gatewood Dr. A-3, Bradenton FL, 34211

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Office Property for Sale

Lakewood Ranch Medical Office Building II at 6310 Health Park Way, Bradenton FL, 34202

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Vacant Land Property for Sale

Flagship Rye Road at SR 64 and Rye Road, Bradenton FL, 34206

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Industrial Property for Sale

LENA COMMONS – Warehouse Condo Unit 204 at 3115 81st Ct. East Unit 204, Bradenton FL, 34211

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Office Property for Sale

Free Standing 20,000+/- SF Office Building In Lakewood Ranch- Sale/Lease at 9009 Town Center Parkway – Lakewood Ranch, Bradenton FL, 34202

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Office Property for Sale

DOORBUSTER PRICING ON THIS LAKEWOOD RANCH OFFICE! at 560 Communications Parkway, Sarasota FL, 34240

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Vacant Land Property for Sale

4615 Lena Rd at 4615 Lena Rd, Bradenton FL, 34202

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Vacant Land Property for Sale

4802 Lena Rd at 4802 Lena Rd, Bradenton FL, 34202

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Office Property for Sale

4,800 SF Office Building at 9050 58th Drive East, Bradenton FL, 34202

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Retail-Commercial Property for Sale

8205 Natures Way, Unit 111 at 8205 Natures Way, Unit 111, Bradenton FL, 34202

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Office Property for Sale

San Marco Plaza #217 at 8209 Natures Way Unit #217, Bradenton FL, 34202

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Office Property for Sale

San Marco Plaza #221 at 8209 Natures Way, Bradenton FL, 34202

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Office Property for Sale

LAKEWOOD RANCH IRONWOOD BUSINESS PARK BANK OWNED at 7359 INTERNATIONAL PLACE, Sarasota FL, 34240

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Vacant Land Property for Sale

LAKEFRONT RESTAURANT SITE at 1 Ranch Lake Boulevard, Bradenton FL, 34202

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Vacant Land Property for Sale

I-75 HOTEL SITE at 2 Ranch Lake Boulevard, Bradenton FL, 34202

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Vacant Land Property for Sale

LAKEFRONT CORPORATE OFFICE SITE at 3 Ranch Lake Boulevard, Bradenton FL, 34202

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Vacant Land Property for Sale

MULTI-FAMILY DEVELOPMENT SITE at 5A Ranch Lake Boulevard, Bradenton FL, 34202

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Vacant Land Property for Sale

OFFICE/MEDICAL DEVELOPMENT SITE at 9 Ranch Lake Boulevard, Bradenton FL, 34202

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Office Property for Sale

6841 Energy Court at 6841 Energy Ct., Sarasota FL, 34240

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Industrial Property for Sale

Ironwood Business Park at 7361 International Place, Sarasota FL, 34240

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Vacant Land Property for Sale

Short Sale of Improved and Pad Ready for 8000 to 93,000+/- sf of office in Lakewood Ranch at 8915 77th Terrace East, Bradenton FL, 34202

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Office Property for Sale

Lakewood Ranch Office At Incredibly Low Price at 7361 International Place Unit 410, Sarasota FL, 34240

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Arthur Rutenburg Building at 9415 Town Center Parkway, Bradenton FL, 34202

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Office Property for Lease

Community Bank Building at 2025 Lakewood Ranch Blvd., Bradenton FL, 34211

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Office Property for Lease

Community Bank Building at 2025 Lakewood Ranch Blvd., Bradenton FL, 34211

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Office Property for Lease

PJ 2 at 7313 International Place, Sarasota FL, 34240

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Office Property for Lease

Garden Office Park at 7309 Merchant Court, Sarasota FL, 34240

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Office Property for Lease

Garden Office Park at 7309 Merchant Court, Sarasota FL, 34240

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Office Property for Lease

Lakewood Ranch Medical Office Building I at 8340 Lakewood Ranch Blvd., Bradenton FL, 34202

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Office Property for Lease

Willis A. Smith Building at 5001 Lakewood Ranch Blvd., Sarasota FL, 34240

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Office Property for Lease

Crestwood Commons at 5343 Paylor Lane, Sarasota FL, 34240

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Industrial Property for Sale

741 sq. ft. end unit – Lakewood Ranch at 7353 International Place, Unit 301, Sarasota FL, 34240

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Industrial Property for Sale

936 sq. ft. Unit – Lakewood Ranch at 7353 International Place, Unit 302, Sarasota FL, 34240

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See the video below to see what the buzz is all about.

Yogurt / Smoothie / Bubble Tea Shop

Specializing in frozen yogurt and Boba Blend drinks which have swept through Asia and American China Towns. The frozen yogurt menu includes a healthy blend of sweet and fruity flavors. Yogurt Berry’s Boba Blends are refreshing, flavorful drinks served either on ice or blended with tapioca pearls in the bottom.

The cost per unit is low, with an average profit margin of 83% per unit. The current gross revenue is meeting all projections and business is on track to gross $225k in 1st year with a net profit of $85k.

Located in an affluent demographic, with a steady stream of existing clients. Seasonal traffic more than triples the number of mall visitors.

Asking price negotiable, owner will train any buyer.

The Yogurt Berry store is located between Yankee Candle and Hot Topic. It is adjacent to Starbucks, in a highly visible corner of the Westfield Sarasota Square Mall.

Asking price $250,000  /  5% co-broke

All Faiths Food Bank closed on the purchase of its new building at 8171 Blaikie Court in the Sarasota International Trade Center, 2 miles east of I-75, north of Fruitville Road.  The building is approximately 19,000 sq. ft. with approx. 6,000 sq. two-story office.  The structure contains many upgraded features and amenities such as a “storm-hardened” office, 475 hp backup generator, block security walls enclosing the loading area, 20’+ clear height in the warehouse, elevator, and upgraded office finishes.  Built in 2005, the property was purchased for $2,350,000, or $124/ sq. ft.  Bruce Dilges and Anthony Homer of Hembree & Associates handled the purchase on behalf of the Food Bank, while Clay Bontrager of Transworld Business Brokers represented the seller, Suburban Holding Company LLC.

In conjunction with the purchase, the Food Bank also purchased an adjacent lot from the same ownership.  The lot contained 32,550 sq. ft. and sold for $300,000, or $9.22/ sq. ft.  Kevin Robbins of Harry Robbins & Associates represented the seller in the transaction, while Bruce Dilges and Anthony Homer again represented the buyer. The lot will be used on an interim basis for overflow parking for occasional special events, and ultimately for potential future expansion.

The food bank has begun moving into the building and is in the process of moving out of its existing facility on Cattlemen Road at I-75.  Bruce Dilges and Anthony Homer of Hembree & Associates currently have the Cattlemen property listed for sale at $2.1 million for the 20,000 sq. ft. building and 2.4 acres of land.  The site includes approximately 1 acre of excess land along Cattlemen for future development.

# # #

For additional information contact Anthony Homer & Bruce Dilges at Hembree & Associates, Inc. at (941) 951-1776 or ahomer@hembreeco.com & bdilges@hembreeco.com.

]]> http://www.anthonyhomer.com/all-faiths-food-bank-acquires-new-distribution-center/feed/ 0 http://www.anthonyhomer.com/town-country-shopping-center/ http://www.anthonyhomer.com/town-country-shopping-center/#comments Wed, 05 Aug 2009 16:33:36 +0000 Anthony http://www.anthonyhomer.com/?p=331

By JERRY CHAUTIN
Herald-Tribune Columnist

Published: Monday, July 6, 2009 at 1:00 a.m.
Last Modified: Friday, July 3, 2009 at 5:48 p.m.

It is something old and something new. It is also something borrowed.

The something new is a worthwhile enhancement to U.S. Small Business Administration’s 504 loan lending. The 28-year-old program can now be used to refinance your existing commercial real estate while it also funds your expansion.

But to understand the enhancement, we need to briefly review the something old.

It allows you to borrow up to 90 percent of your cost to build, buy or expand a commercial real estate building. The funds can also be used for capital equipment, furnishings, fixtures and fees incidental to the transaction. Examples of suitable real estate include owner-occupied, commercial condominiums, offices, warehouses, franchises, restaurants, car washes, bowling alleys and skating rinks. Investor-owned properties do not qualify.

Job creation is 504’s raison d’etre.

“For every $50,000 guaranteed by the SBA, (the borrowers) must be able to demonstrate that they are creating or retaining at least one job,” says Karen Mills, SBA’s administrator. As part of the federal stimulus initiative, job creation has temporarily been relaxed to one job per $65,000.

The program “is administered by about 270 certified development companies in a partnership with the commercial lenders and the SBA,” Mills says.

Christopher Crawford is president and chief executive of the National Association of Development Organizations. It is the trade association for the nation’s CDCs.

He says, “Since this program has been created in 1986, more than 3 million jobs have been created or retained by 504 loans, and that is by far the largest economic development program within the federal, state or local governments”

SBA typically guarantees 40 percent of the project cost in the form of a subordinated debenture. Simultaneously, a conventional lender makes a 50 percent first mortgage. The remaining 10 percent equity is injected by the borrower.

You can read more online at tinyurl.com/yukpux.

The refinancing enhancement allows you to borrow money to pay off an existing commercial real estate mortgage that is not involved with your expansion. It cannot exceed 50 percent of the expansion cost for your new project.

Thus if your cost is $6 million to build your new manufacturing plant, you can also borrow $3 million to pay off the loan on your existing plant. Your total funding would be $9 million.

The 504’s loan-size constants are up to the lenders and CDCs. Most feel comfortable in the $200,000 to $10 million range.

As with most new programs, the dibbuk is in the details. Accordingly, lenders and CDCs will be poring over SBA’s procedural notice to understand the critical essentials.

Meanwhile, stay in touch with your banker, NADCO and its members for up-to-date information as the refinancing enhancement unfolds. See nadco.org for NADCO members and more about 504.

This story appeared in print on page D8

All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

2620 S. Tamiami, Sarasota FL

Property Overview

Highly visible signature building on US-41 in the Hospital Area is ideal for medical, law office, or financial professionals. Lots of windows for great views and abundant natural light. First floor lobby and restrooms are recently remodeled. Building exterior recenlty painted. This is a quality building well suited to users desiring an upscale image for their business.

Great signage and US-41 frontage provides exposure to average 64,000 vehicles per day

30% of local population is above age 60

High concentration of health services in the area

Top industries in this zip code by the number of employees:

• General Medical and Surgical Hospitals
• Offices of Physicians
• Home Health Care Services
• Nursing Care Facilities
• Offices of Dentists 

Approx. 8,000 sq. ft. is currently available for lease at $17.00/ sq. ft. plus CAM, minimum divisible 2,800 sq. ft.

Commercial Real Estate for Sarasota

Pending sales in the Sarasota real estate market once again rose in February 2009, hitting 782 – the highest level since April 2006, a three year period. According to statistics from the Mid-Florida Regional MLS for members of the Sarasota Association of Realtors®, 611 single family homes and 171 condominiums were reported under contract in  February, almost 100 more than the 683 pending sales reported in January 2009, and 19 percent higher than the 654 pendings reported in February 2008.
 
Pending sales have now exceeded the 500 level for the 14th consecutive month, and the statistic bodes well for the next two or three months, when many of these pendings will become closed sales. Pending sales reflect contracts executed by buyers and sellers. The report continues to reflect a steady, strong pattern, and indicates buyers are more active in the Sarasota market even in the face of difficult economic times.
 
“We are encouraged by this statistic, and the word of mouth reports indicating an uptick in showings and offers,” said 2009 SAR President Bill Geller. “Buyers are becoming even more aware of the many opportunities in the Sarasota market and are making offers and executing contracts. Local Realtors® are continuing to educate the public on our market, and this excellent chance to purchase a great home at a very attractive price, with interest rates at historic lows.”
 
Overall, there were 354 sales closed in February, compared to 319 in January, for a 10 percent increase. The figure was lower than February 2008, when 418 properties changed hands. The breakdown was 260 single family homes sold, and 94 condominiums sold.
 
The recently enacted first-time homebuyers’ tax credit of $8,000 should help spur sales to higher levels, Geller noted. Those who meet eligibility requirements and purchase a home this year prior to Dec. 1 are eligible for a tax credit of up to $8,000, and unlike the 2008 tax credit, this one does not have to be repaid. This credit, combined with historically low interest rates should help encourage more homes sales, experts agree.
 
“Particularly for the first time homebuyer trying to purchase in the Sarasota market, this is an amazing time to realize the dream of home ownership,” said Geller. “Affordable prices, combined with very low interest rates, plus the tax credit – you really haven’t seen a better time to buy for decades.”
 
The median sale price for single family homes declined to $142,000 in February 2009 from $149,950 in January 2009 – a 5.3 percent decline. The median sales price for condominiums fell to $198,000 in February 2009 from $220,000 in January 2009, for a 10 percent drop. These statistics appear to indicate the growing number of short sales and foreclosure sales in the market, which tend to impact the median sales prices more dramatically than the normal price trends.
 
Another important market tracker – the absorption rate of properties on the market – continues to track lower than last year at this time for both single family homes and condominiums, as inventories have declined. Absorption rate is the number of months it would take to sell the entire remaining listed inventory in a particular category, based upon the sales for that particular month.

For February 2009, the absorption rate for single family homes stood at 24.1 months, compared to 25.3 months in January 2009, and compared to 29.6 months in February 2008. For condominiums, the absorption rate was at 28.5 months, compared to 38.4 months in January 2009, and much lower than the 44.0 months reported in February 2008.

 
Click HERE for a PDF of the press release and two pages of statistical charts.