100% occupied Multi-Tenant Investment Property

Industrial for Sale
Catylist Listing ID: 30501369
Property Subtypes: Flex Space, Industrial-Business Park
Building Size (RSF): 12,800 SF
Gross Building Area: 13,160 SF
Sale Price: $1,450,000
Unit Price: $113.28 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2019

Overview / Comments

12,800 SF multi-tenant industrial complex near Fruitville Rd and I-75. This building consists of 6 units (two 2,4000 SF end units and four 2,000 SF units. The property is located in the Paleo Park of Commerce and is on 42,194 SF of land. The building is concrete block construction with a metal roof and was built in 2006. Parking in the front and sides of the building and overhead doors behind each unit allowing great access for truck loading and unloading. Fenced in dumpster/recycling area on the west end of property.
The two 2,4000 SF end units have a build out of a storefront entrance into a 600 SF air-conditioned office area with a reception/showroom, 2 private offices and 1 ADA restroom. Each of the private offices have windows giving great natural light. 1,800 SF warehouses with 2nd ADA restroom, 12x14 overhead door and ceilings as high as 20’.
The four 2,0000 SF units each have a build out of a storefront entrance into a 500 SF air-conditioned office area with a reception/showroom, 2 private offices and 1 ADA restroom. The front private offices facing the parking lot have windows giving great natural light. 1,500 SF warehouses with 2nd ADA restroom, 12x14 overhead door and ceilings as high as 20’.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota
Tax ID/APN: 0219040200
Zoning: PID - PLANNED INDUSTRIAL DEVELOPMENT
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 2006

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,932 87,956
Median Age: 48.45 48.57
Households: 3,015 38,245

Contact

Photograph of Listing Agent

Troy Harry Robbins

HARRY ROBBINS ASSOC INC
MFCRE Member
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