Palmetto Portfolio FOR SALE


Palmetto, FL - Palmetto/Ellenton
$1,700,000 USD
941-270-3323
, Palmetto, FL for Sale
$1,700,000 USD
FOR SALE
1/7
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Palmetto Portfolio
Palmetto, FL
Palmetto/Ellenton


HIGHLIGHTS

  • Located at the split of US-19 and US-41, less than 5 minutes from I-275.
  • NNN lease

OVERVIEW

Key Features: Land: 22,655 square feet of well-positioned industrial land, providing ample room for expansion or future development. Building: 3,693 square feet of functional building space, suitable for a variety of light industrial uses. Lease: Secure NNN lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. This minimizes risk and simplifies ownership for the investor. Cap Rate: Attractive average cap rate of 6.14%, indicating a strong potential for consistent income generation. Additional Details: Location: Situated in a desirable industrial area of Palmetto, with convenient access to major transportation arteries and a strong local labor pool. Growth Potential: The spacious land area provides the potential for future expansion or redevelopment, enhancing the property's value. The 1.76 ac+/- parcel directly to the North is also available for purchase as outdoor storage. Strong Market: Manatee County is one of the fastest growing markets in the country, creating a favorable environment for this investment.

ASK ABOUT THIS PROPERTY

Brett KaplanOptimus Commercial Real Estate InvestmentMore Info
941-270-3323

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Brett KaplanOptimus Commercial Real Estate InvestmentMore Info
941-270-3323

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