Downtown Sarasota Office Space

1819 Main St Space
Main Street Merchants, Sarasota, FL
# Sarasota City Center Sarasota City Center is a two-tower Class A office building w/ 13 floors in the North tower and 3 floors in the South tower. It has bay-side facade of floor-to-ceiling green reflective glass providing panoramic views of downtown and Sarasota Bay, and city-side facade of white precast panel and green reflective image. The building features include a café, hair salon & spa, dry cleaner lockers, 1st floor bank & drive through, and upgraded weight room/gym. On-site property manager office and building engineers. 2014: New finishes in common areas on 2nd, 3rd, and 4th floor. On-site building security personnel and video monitoring. Computerized after-hours entry system. 6-story parking garage. Seven top-of-the line Otis elevators, including 2 glass-walled observation elevators facing into the lobby. Located in the center of downtown Sarasota, adjacent to the City Hall, county courthouse and county clerk office, retail shops and restaurants. The City Center is only 15 minutes from the Sarasota-Bradenton International Airport, with easy access to I-75, US 301, and US 41. Close to Siesta and Longboat Keys. Features - Class A building in the heart of downtown Sarasota - Move-in ready suites available for immediate occupancy - Top floors with exceptional views of downtown and Sarasota Bay - 13 story building with attached 6 story parking garage (2.5/1,000 rsf parking ratio) - Prime lobby spaces available

Downtown Sarasota

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,120
As of: March 12, 2017

Downtown Sarasota Rates

On average, listings lease in the $20's per square foot per year. The Downtown Sarasota submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

Downtown Sarasota Listing Supply

In the last 90 days, 12 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Downtown Sarasota are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,120 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1948 and are Class A.

Downtown Sarasota Community

This area is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Most of the folk of Downtown Sarasota work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Sarasota.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Sarasota.
Research