Flex Warehouse Space For Sale off SR 64

Industrial for Sale
Catylist Listing ID: 30568891
Property Subtypes: Flex Space, Mixed Use
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $145.83 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2020

Overview / Comments

Preferred Shore Commercial is pleased to offer 10520 Portal Xing 107-108 for sale as a tenant occupied NNN investment property with a two year term, and one 5 year option. The warehouse is a 2,400 SF fully AC'ed open warehouse space with a large rear overhead door. Please contact Jason for more details on this investment opportunity. The space has two electrical boxes: 1) 100 Amp 3 Phase 120/208 Volt, Panel 2)200 Amp 3 Phase 120/208 Volt.

This unit is a condominium apart of the Portal Crossing West Condominun Association. Condo fees are approx $428/month and cover exterior and grounds maintenance.

Financials

Finance Data Year 2020
Net Operating Income $32,400 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 567122009
Zoning: PD-MU
Year Built: 2004
Construction/Siding: Block
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,065 18,854 76,185
Median Age: 54.86 46.22 47.95
Households: 1,325 7,550 32,117

Contact

Photograph of Listing Agent

Jason D'Agostino

PREFERRED SHORE MFCRE Member
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