30,000 sf at NEWCRAFT BUSINESS PARK

Industrial for Sale
Catylist Listing ID: 29940495
Property Subtypes: Cold Storage, Flex Space, Food Processing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Self Storage, Warehouse/Distribution, Other
Condo? Yes
Building Size (RSF): 30,000 SF
Gross Building Area: 170,000 SF
Gross Land Area: 9.50 - 10 Acres
Sale Price: $999,000
Docks/Doors: 2 Doors
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Building Name: NEWCRAFT BUILDING 3
Usable Size (USF): 30,000 SF
Sale Terms: Undisclosed, Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

INVESTOR ALERT!! PRIME SPACE FOR A DISTRIBUTION CENTER OR VEHICLE STORAGE. OWNER SAYS SELL,SELL,SELL!!! Are you looking for the best value in the region? NewCraft Business Park has what you are looking for in unit 7172. Every building on this almost 10 acre property was completely rebuilt from the red iron skeleton. While it was stripped we replaced any steel that was damaged then painted all of the steel. 100% of the plumbing, electric and sewer are new from the street throughout the property. All walls, roofing, skylights and insulation are new. There's a new 25' LED lit pylon sign to display your business name. You can also have a sign mounted at your entrance. Low condo fees of $16,138.39 per sf annually cover the common area property tax and insurance, common area maintenance, lawn care and pylon sign. This unit has an electric overhead crane rail for handling heavy loads with ease. There's also two 12 x 14 overhead doors, a walk thru door and four ADA Compliant restrooms. All interior walls as well as the ceiling are fully insulated. Two National lenders have done their DD on NewCraft and are ready to write loans as low as 5% down. Clean environmental report provided during due diligence period. We can close fast, be moved in less than 30 days

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: MANATEE COUNTY
Tax ID/APN: 6631100002
Is Condo?: Yes
Zoning: ILW
Highway Access: US HWY 301 and I75
Airports: SRQ
Area Description: 30 MINUTES FROM PORT MANATEE
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Year Built: 1968
Year Renovated: 2015
Construction/Siding: Steel Frame
Exterior Description: 100% NEW
Parking Type: Surface
Amps: 1,000
Lighting: Metal Halide
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,878 69,308 189,371
Median Age: 41.37 44.06 45.5
Households: 1,531 29,960 82,567
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