Freestanding Building For Sale Near US 301!

Industrial for Sale
Catylist Listing ID: 30060890
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Other
Building Size (RSF): 13,213 SF
Gross Land Area: 50,965 SF
Sale Price: $1,860,000
Unit Price: $140.77 PSF
Property Use Type: Investment
Building Name: University Park of Commerce
Usable Size (USF): 13,213 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2017

Overview / Comments

Freestanding Building Near SRQ Airport!! High end office building. Fully air-conditioned space. Ideal for call center, work space, manufacturing, or light assembly. High end finishes include two story offices with storefront glass, multiple private offices, large conference room, mail/sorting area, shipping and receiving, open bullpen, executive office, break room, and more.

This building is ideal for your corporate headquarters. Large bay windows allow for a maximum amount of natural light into the building. The executive offices and bullpen area overlook a large, well-maintained lake.

The building is currently leased to a call center. The current lease provides an owner with an 8% cash on cash return. Limited landlord responsibilities.

US 301 to West on Tallevast

Financials:
Annual Income: $185,700.00
Real Estate Taxes: $25,974.00
Insurance: $14,000.00

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Public Records
Tax ID/APN: 6651000504
Zoning: PDI, WR
Property Located Between: US 301 & Tallevast
Highway Access: I-75, US 41 & US 301
Airports: SRQ, Tampa International
Area Description: Industrial Business Park
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1991
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Zoning Description: PDI & WR
Lot Frontage: 342
Lot Depth: 245
Legal Description: LOT I-9 UNIVERSITY PARK OF COMMERCE SEC I PI#66510.0050/4

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,086 54,267 186,219
Median Age: 43.34 43.35 45.57
Households: 1,159 23,066 82,249

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