Single Tenant Investment Opportunity

Industrial for Sale
Sale Pending
Catylist Listing ID: 30333068
Property Subtypes: Industrial-Business Park, Office Showroom, Other
Status: Pending
Building Size (RSF): 23,040 SF
Gross Building Area: See Agent
Sale Price: $2,295,000
Unit Price: $99.61 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2018

Overview / Comments

Sale Price: $2,295,000
Cap Rate: 7.77%
NOI: $178,434
Lot Size: 4.74 Acres
Year Built: 1988
Building Size: 23,040
Zoning: LM - Light Manufacturing
Market: Bradenton-Sarasota-Venice
Submarket: Manasota Industrial Park
Price / SF: $99.61
Industrial/Office investment opportunity available in Manasota Industrial Park with
an excellent lease in place at an attractive 7.77% Cap Rate. This 100% occupied
building includes distribution and professional office/showroom space on 4.73 ±
acres of land. The building and improvements were constructed in 1988 with tilt
wall construction. The Tenant is a strong national company services company and
is responsible for real estate taxes, property insurance and interior maintenance.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 1619601109

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,047 101,403 196,291
Median Age: 36.75 40.66 43.89
Households: 3,875 41,163 82,790


Photograph of Listing Agent

Melissa Dawn Harris

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.