New Industrial Flex Unit Business Park

Industrial for Sale
Catylist Listing ID: 30087410
Property Subtypes: Flex Space, Food Processing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Status: Under Construction
Building Size (RSF): 60,000 SF
Gross Building Area: 20,000 SF
Gross Land Area: 5.70 Acres
Sale Price: $1,750,000 - 2,300,000
Unit Price: $29.17 - 38.33 PSF
Drive In Bays: 10 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2017

Overview / Comments

Great development project, the property is 5.73 acres zoned Industrial General (IG). Approved Site Plan for three buildings of 20,000 each, the front building is completed with 10 units, two units not available, approximately 2,000 SF each with 800 square feet of built-out office space, and 1200 square feet of warehouse space, but actual amounts vary between units. Front building is 90% occupied. One space retained by owner, now available for leasing. The other two building slabs are completed with all facilities stubbed to each of the 10 units planned per building, parking area paved, landscaped and retention area complete. 3 Phase electrical service on property. Overhead doors on the warehouse space, combined with easy access from property to both US41 and I-75 make this a great place to locate a business.

On Acline Rd, east of US41, west of Taylor. Great access to US41 and I-75.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Taxing Authority: Charlotte County
Tax ID/APN: 412328677000
Zoning: INDUSTRIAL GENERAL (IG)
Property Located Between: Between Tamiani Trail (US 41) and Tayor Road, less than 1.5 miles to I 75
Highway Access: Tamiami Trail via Acline, I-75 via Taylor Road / Jones Loop Road
Airports: RSW / Punta Gorda Regional
Site Description: One Building Completed, two additional pads poured and ready for building. Plumbing and electric roughed in and stubbed out. The balance of the infrastructure in place, paved parking areas, 212 parking spaces, 3 phase electrical and retention pond complete.
Area Description: Charlotte County is experiencing heavy demand for industrial flex units for contractors and small retail and office businesses alike. We currently have fallen below 2% in vacancy for these type of units. The project is located in Punta Gorda's industrial commerce area..
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 2,000 SF
Property Condition: Excellent
Year Built: 2008
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: 212 paved lined parking in place.
Total Parking Spaces: 212
Overhead Cranes: Undisclosed
Sprinklers: None
X-Phase: 3=phase
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent, Mercury Vapor
Interior Description: Clear open 2000/sf units. 20 Units to be build on pad ready sites
Zoning Description: Industrial General (IG)
Lot Frontage: 400
Lot Depth: 624.05
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Of Record
Legal Description: Folio # 412328677000

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,404 30,791
Median Age: 55.7 58.7
Households: 8,074 14,838
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