7176 15th St E - Warehouse FOR SALE


Sarasota, FL 34243
$4,250,000 USD
941-914-6869
7176 15th St E, Sarasota, FL for Sale
$4,250,000 USD
Warehouse - FOR SALE
1/4
null | 8.36% Cap Rate

7176 15th St E
Sarasota, FL 34243


HIGHLIGHTS

  • 2 10'x14' surface doors
  • Parking spaces adjacent to front entrance
  • LED lighting
  • 28 foot clear building height
  • Concrete slab floors

OVERVIEW

The subject warehouse unit is part of a three-building complex within the Newcraft Business Park. Per the County Appraiser, the subject unit contains 29,598 +/- SF of building area and has a zoning of LM - light manufacturing. As part of the Newcraft Business Park, Building "3" is a condominium subject to the Declaration, Other Easements, Restrictions, etc. The property is comprised of 29,598 +/- SF of air conditioned warehouse space, office spaces, storage spaces, and restroom. The building has 100% HVAC, insulation, and fire sprinklers. This building can be delivered vacant or fully tenanted. Cap rate is 8.36& at $12.00 per sq ft NNN.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

8.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 3

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

Water - County, Sewer - County, Heating - Electric

CLEAR CEILING HT

28 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

3.62

LAND SF

157,482

ZONING

LM

APN/PARCEL ID

66311-0135-9

ASK ABOUT THIS PROPERTY

Larry StarrSVN | Commercial Advisory GroupMore Info
941-914-6869

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Larry StarrSVN | Commercial Advisory GroupMore Info
941-914-6869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.