2328 72nd Dr E - Warehouse FOR SALE


Sarasota, FL 34243- Whitfield
$2,790,000 USD
941-539-6299
2328 72nd Dr E, Sarasota, FL for Sale
$2,790,000 USD
Warehouse - FOR SALE
1/38
null | 6.88% Cap Rate

2328 72nd Dr E
Sarasota, FL 34243
Whitfield


HIGHLIGHTS

  • $192,000 NOI with a 10-year NNN lease. 5% Rent escalations every 3 years.
  • $831,200 in upgrades.
  • High output LED lighting, 400 amp 3-phase electrical service.
  • Landscaped on waterfront lot.
  • 300 gallon water treatment system. Dense grid of high amp ceiling drops & compressed air outlets
  • Commercial grade flooring 3,000 PSI rated.

OVERVIEW

Investor Alert! Exceptional investment opportunity generating $192,000 NOI with a 10-year NNN lease at $16,000/month, including 5% rent escalations every 3 years. This state-of-the-art industrial facility, built in 2021, spans 7,597 sq. ft. on a 0.5-acre waterfront lot in a modern industrial subdivision just off US 301 and Whitfield Ave, 10 minutes from SRQ Airport. Designed for high-performance operations, the property features three professional offices, a second restroom, 400-amp 3-phase power, dense high-amperage ceiling drops, high-output LED lighting, premium compressed air lines, 300-gallon water treatment system, 3,000 PSI commercial-grade flooring, acoustic ceilings, and a fully integrated security system. Climate-controlled with three 7.5-ton A/C units. Beautifully landscaped with Royal, Foxtail, and Areca palms, the rear overhead door opens to a serene lake view. All furniture and fixtures included. Every aspect of this facility has been meticulously maintained with $831,200 in upgrades by the owner, ensuring a turnkey, maintenance free opportunity for investors seeking passive income with long-term security.

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

6.88%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey, NO Landlord Maintenance

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

Lighting, Gas, Water - County, Sewer - County, Heating - Electric

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

HM

APN/PARCEL ID

19759-3115-9

ASK ABOUT THIS PROPERTY

Colette KilgoreDalton WadeMore Info
941-539-6299

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Colette KilgoreDalton WadeMore Info
941-539-6299

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