University Station

University Station

5298 University Parkway, Sarasota, FL, USA

University Station

Cushman & Wakefield’s Retail Investment Advisors is pleased to offer for sale University Station, a best-in-class Whole Foods Market-anchored neighborhood shopping center in Sarasota, FL.

University Station is a recently constructed shopping center featuring Whole Foods Market and 12,078 SF of shop space. 100% of the revenue is derived from desirable e-commerce resistant uses including Grocery, Medical, Service and Restaurant. Whole Foods Market represents 76% of the project GLA and is under a 20-year lease term with favorable 10% contractual rental increases in year 11 and year 16 and in all option periods. University Station is positioned at the highly trafficked intersection of University Parkway and Honore Avenue with a combined 62,400 VPD.

Property Summary

Year Built2017
GLA (SF)53,746
AnchorWhole Foods

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