Former Denny's 

1763 S Tamiami Trail | Venice, Florida 34293

Contact Brokers

Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

James Garner, CCIM
First Vice President Investments​James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com

(O) 813-387-4788
FL #SL3216834

Highlights

  • Redevelopment strategy / Conversion or Build to Suit

  • Highly Desirable Location

  • 48,000 Cars Per Day on US 41 – the Main Business and Commuter Artery

  • Ideally Located in the Heart of Dense Retail Corridor

  • Outparcel to Lowe’s Home Improvement Center

  • Adjacent to a Signalized Intersection

  • Ideally Located in the Path of Progress & Development / Population Migration

  • Sarasota - Bradenton MSA: Ranks as the 10th Fastest Growing Metropolitan Areas in the U.S.

Description

Marcus & Millichap is pleased to present Former Denny’s, a truly rare investment opportunity for an investor to purchase a rare redevelopment opportunity. The location is extremely strong and ideally located in the center of a dense retail corridor. Additionally, this dense infill, high barrier to entry location is situated on US 41, the main N/S thoroughfare through Southwest Florida, which sees over 48,000 Cars Per Day. The property has numerous location drivers including being an outparcel to Lowe’s Home Improvement Center, is next door to a very successful Carrabba’s Restaurant, is surrounded by numerous national restaurant concepts and is located in a high growth, emerging SW Florida market. With strong local market rents in this highly desirable corridor, the options are immense for this property transformation. This redevelopment opportunity offers an investor the potential to either convert the existing structure or demolish and erect a new build to suit building.