Oak Park Business Center

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30349793
Property Subtypes: Flex Space
Status: Pending/Contingent
Building Size (RSF): 54,395 SF
Gross Building Area: See Agent
Sale Price: $3,950,000
Unit Price: $72.62 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2019

Overview / Comments

Sale Price: $3,950,000
Cap Rate: 8.27%
NOI: $326,820
Lot Size: 5.07 Acres
Year Built: 1985
Total Building Size: 54,395
Number Of Buildings: Seven (7)
Zoning: ILW
Price / SF: $72.62
Opportunity to acquire a seven (7) building flex office project in Northgate Center,
one of Sarasota's most prominent business parks. Strategically located off US 301
with easy access to SRQ International, Sarasota, Bradenton, I-75, and I-275.
The Property is professionally managed and priced well below replacement cost.
Confidential sale listing - please do not visit the property without prior approval.
Contact brokers for instructions to complete electronic C.A.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0026090014

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,458 68,771 178,492
Median Age: 37.07 44.59 46.79
Households: 5,199 29,887 79,591
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