Built in 1978, with an effective date of 2000, this two building property has been under the ownership of one family's attentive care for decades. Each building is 12,028 SF under roof, with 8 bays all with their own grade-level doors (10 feet), a 12 foot ceiling height, air conditioning in all but one of the bays, and long-term tenancy in place. All tenants are currently month-to-month and paying below market rents. Value-add opportunity by renegotiating leases or replacing tenancy. Rent roll and P&Ls can be provided upon a signed Confidentiality Agreement but we will rely on each Buyer to estimate their own preferred proforma rent.
Positioned at 1390-1400 Commerce Blvd in Sarasota, FL, this prime industrial location offers convenient access to major transportation routes like I-75, US 301, Port Manatee, and the Sarasota-Bradenton International Airport. The surrounding area is home to essential industrial services, including suppliers, logistics companies, and manufacturing support facilities. With a focus on industrial needs, the location provides access to a skilled labor force and a network of industrial parks, making it an ideal hub for industrial and manufacturing businesses. The property is located just northeast of the SRQ Airport, head north on 15th St E (Old 301) then turn west on Commerce Blvd (74th Ave Dr E).