16,600 SF +/- on 1.7 acres fenced

Industrial for Sale
Catylist Listing ID: 30790934
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 16,600 SF
Gross Land Area: 1.70 Acres
Sale Price: $1,650,000
Unit Price: $99.40 PSF
Ceiling: 22 ft. / 19 ft. Clear
Docks/Doors: 8 Doors
Property Use Type: Investment
Building Name: CB Walls
Usable Size (USF): 16,600 SF
Sale Terms: Cash to Seller
Cap Rate: 4.6%
Last Updated: 11/21/2022

Overview / Comments

Very functional industrial use building on 1.7 acres. Property is fenced and subject to driveway easement for rear parcel owner. 3 phase power, fire sprinkler system up to code, new addition and site graveled for storage and utility. Building went through recent updates with demo, sprinkler system work, sheet metal repairs and lighting.

Current tenant lease expires 1/31/2024 and has a two-year renewal option.

Current Tenants

Tenant Business Name CB Walls

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 5224900000
Zoning: LM - LIGHT MANUFACTURING
Area Description: Industrial area
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1974
Year Renovated: 2021
Eave Height: 20
Sprinklers: Wet
X-Phase: 3
Easements Description: drive access for rear parcel

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,793 115,946 180,930
Median Age: 42.58 43.91 44.19
Households: 7,786 50,649 76,791

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