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Three Investors Acquire Starbucks Retail Property On Fruitville Road In Sarasota For $2.19M

Property Image
SOLD
$2,190,000

Florida

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Retail3,118 SF
Sold 06/10/2025
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Property Image
SOLD

Three Investors Acquire Starbucks Retail Property On Fruitville Road In Sarasota For $2.19M

5901 Fruitville Road

See Similar Deals
Retail3,118 SF
Sold 06/10/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$702
Total Square Footage:3,118 SF
Transaction Type:Sale

A 1.04-acre retail property located at 5901 Fruitville Road in Sarasota has been sold for $2,190,000. The asset features a 3,118-square-foot Starbucks and is part of a 1031 Exchange transaction. The seller, Furman Inc., entered into a corporate-backed lease for the site, which has nine years remaining.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,190,000
  • Sale Date: 06/10/2025
  • Address: 5901 Fruitville Road
  • Market: Sarasota
  • Acres: 1.04
  • Square Footage: 3,118
  • Price Per Square Foot: $702
  • Seller: Furman Inc
  • Broker: Doug Sullivan - Woodstone Associates

Three investors were involved in the acquisition of the property, facilitated by Doug Sullivan of Woodstone Associates, who represented the seller, Furman Inc., in the transaction.

Players

Doug Sullivan
Woodstone Associates
Doug Sullivan
1 deal$2.2M volume(386) 405-6275
BROKER

Details

SOLD
IMAGE: Doug Sullivan DATE: 06/10/2025 ADDRESS: 5901 Fruitville Road MARKET: Sarasota ASSET TYPE: Retail ~ ACRES: 1.04 SELLER: Furman Inc BROKER: Doug Sullivan - Woodstone Associates SALE PRICE: $2,190,000 SF: 3,118 ~ PPSF: $702 NOTE: Three investors acquired a 1.04-acre Sarasota property with a 3,118-square-foot Starbucks at 5901 Fruitville Road for $2.19 million in a 1031 Exchange. Furman Inc. sold the site, which includes a corporate-backed lease with nine years remaining, through Woodstone Associates.

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