SARASOTA, FL 34240

Property

Ownership: Fee Simple
Type: Unknown
Lot Size: 0.6 Acres

Financials

Price:$3,200,000
Annual Taxes:$13,375
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KONA REALTY

Rare opportunity to acquire a fully leased industrial investment property in Sarasota's thriving Interstate Industrial Park.

Description

Rare opportunity to acquire a fully leased industrial investment property in Sarasota's thriving Interstate Industrial Park. Offering an attractive 7 cap rate, this ±9,000 SF freestanding building sits on approximately 0.60 acres and delivers immediate income in one of the region's most desirable industrial markets. The property features 14-foot clear ceilings, 200-amp 3-phase power, five roll-up doors, 22 on-site parking spaces, and flexible ILW (Industrial Light & Warehousing) zoning that accommodates a wide range of industrial and commercial uses. Ideally located just minutes from I-75, Fruitville Road, and Sarasota-Bradenton International Airport, the property offers exceptional accessibility, strong tenant appeal, and long-term investment potential. With a waiting list of prospective tenants seeking space at the property, this asset demonstrates exceptional leasing demand and presents an outstanding opportunity for investors seeking stable cash flow and continued occupancy. A rare opportunity to acquire a stabilized, income-producing industrial asset in a market with limited inventory.

Amenities

  • Bathrooms
  • Dumpsters
  • Electricity Available
  • Fire Alarm
  • Flood Insurance Required
  • FloodZone
  • Industrial Park
  • Lake Front
  • Near Public Transit
  • On Site Shower
  • Paved
  • Refrigerator
  • Retention Pond
  • Smoke Detectors
  • Street Lights
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.