Shoppes at Palmer Ranch
8405 Honore Ave, Sarasota, FL 34238
65,417 SF SF
Major Tenants
- Publix
- Publix Pharmacy (Drive Thru)
- Publix Liquors
- Dental Care at Palmer Ranch
- Wellness Animal Hospital
- Sherwin Williams
- Ann Volcano Nail Lounge
- Fuji Sushi Steakhouse (Coming soon)
Property Facts
The Shoppes at Palmer Ranch, located at Honore Avenue and Central Sarasota Parkway intersection, includes 65,417 square feet of retail space and over 300 parking spaces. Anchored by a new Publix store prototype that opened in 2023, the center also features a convenient Publix drive-thru pharmacy and Publix Liquors. Other notable tenants include Dental Care at Palmer Ranch, Sherwin-Williams, Wellness Animal Hospital, Ann Volcano Nail Lounge, and Fuji Sushi Steakhouse.
Situated within the affluent Palmer Ranch Development of Regional Impact (DRI) in Sarasota, the Shoppes are less than half a mile from Interstate 75, with a daily traffic volume of 114,000 vehicles. The surrounding area boasts a strong demographic profile, with nearly 34,000 residents living within a three-mile radius with an average household income exceeding $140,000. According to a recent U.S. News & World Report ranking, Sarasota placed as the #1 best place to live in Florida, the #2 fastest-growing city in the U.S., and the #5 best place to live in the U.S.
Demographics
2023 Estimates | Trade Area | 3 mile | 10 min drive |
---|---|---|---|
Population | 27,897 | 33,546 | 68,950 |
Average HH Income | $127,088 | $139,571 | $124,629.67 |
Median Age | 62 | 64 | 61 |
*Top 3 Personas | #1 Budget Boomer | #2 Sunset Boomers | #3 Upper Suburban Diverse Families |
Description | Empty-nesters near or at retirement age living on savings | Well-off boomers near or at retirement age living in picturesque locations. | Upper-middle-class suburbanites working white-collar jobs from a range of ethnic backgrounds. |
2024 Placer.Ai ~ 2023 STI Popstats / *Spatial.Ai ~ Personalive
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Ryan Feinberg
954.614.5516