Porter Commerce Park - 64,404 SF Multi-Tenant Complex

Industrial for Sale
Catylist Listing ID: 30805123
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution
Building Size (RSF): 64,404 SF
Gross Building Area: See Agent
Gross Land Area: 8.32 Acres
Sale Price: $14,000,000
Unit Price: $217.38 PSF
Property Use Type: Investment
Building Name: Porter Commerce Park
Usable Size (USF): 64,404 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2022

Overview / Comments

Porter Commerce Park is a 64,404 SF, Fully Leased, Multi-Tenant complex minutes from the I-75 / Fruitville Rd interchange (Exit 210). This complex includes 4, fully leased buildings with approval to build an additional 14,000 SF.
Features include:
- Current Occupancy: 100%
- Total Leaseable SF: 64,404 SF in 4 buildings
- Site Size: 8.32 Acres
- Zoning: ILW (Industrial Light & Warehousing) - Sarasota County
- Tenants: 13 current tenants in unit sizes ranging from 2,500 SF to 12,560 SF
- Eave Height: 18' to 24'
- Power: 3 Phase available
- Year Built: 2019, 2004, 2001, 1972

* Do not contact tenants *

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0237120006
Property Located Between: Apex Rd and Porter Rd, South of Palmer Blvd
Highway Access: Minutes to the I-75 / Fruitville Rd interchange Minutes to the I-75 / Bee Ridge Rd interchange
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Parking Description: Common asphalt paved parking
Sprinklers: Wet
X-Phase: 3
Zoning Description: ILW - INDUSTRIAL LIGHT & WAREHOUSING - Sarasaota County
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,299 62,503 141,207
Median Age: 44.67 48.11 47.81
Households: 3,217 27,082 63,531
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