Lancellotti Property

Location: 6024 Tamiami Trail South in Sarasota Florida

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Property: The property consists of a 5,851 Square Foot (SF) single story structure located on an 18,996 SF site.  The building consists of 5,000 SF of retail/showroom space demised into three (3) bays (e.g. A, B, C). Bay "A" is unoccupied.  Bays "B" and "C" are occupied.

Receivers Duties: Act as landlord during foreclosure process, involved in negotiating new leases with current tenants, collect rent, market unoccupied tenant space, maintain common area, and report financial performance.

Lender: IberiaBank