Siesta Key Building For Sale

Office for Sale
Catylist Listing ID: 30523740
Property Subtypes: Net Leased
Building Size (RSF): 6,124 SF
Gross Building Area: 9,502 SF
Gross Land Area: 15,603 SF
Sale Price: $2,000,000
Unit Price: $326.58 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Usable Size (USF): 6,124 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/31/2019

Overview / Comments

Located on Siesta Key in Sarasota, Florida, this well constructed building (built 2006) is an over 30-year old nationally-respected company providing construction training. The sturdy concrete office building is immaculately maintained, has a low pitch corrugated shed roof, elevator and garage. Paved parking area has 15 spaces, 4 more on unpaved area.

10-year NNN lease includes all maintenance including structural. Unique investment opportunity since the well-established business (being sold separately) does not intend to move.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0080090004
Property Visibility: Excellent
Highway Access: US-41, US Hwy-301, I-75
Airports: Sarasota/Manatee Airport
Area Description: Perfect location for the occupying business as students come from all over the country for construction related courses.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2006
Year Renovated: 2006
Construction/Siding: Concrete
Exterior Description: Attractive and immaculately maintained.
Parking Type: Structure
Parking Description: Under building and outside paved parking.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,960 30,133 105,965
Median Age: 57.93 53.4 50.91
Households: 2,028 14,982 51,304

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