501 Interstate Ct - Warehouse FOR SALE


Sarasota, FL 34240- North Sarasota
$3,200,000 USD
941-718-8293
501 Interstate Ct, Sarasota, FL for Sale
$3,200,000 USD
Warehouse - FOR SALE
1/29
null | 7% Cap Rate

501 Interstate Ct
Sarasota, FL 34240
North Sarasota


HIGHLIGHTS

  • 100% Leased Investment
  • 7% Cap Rate
  • Strong In-Place Cash Flow
  • Waiting List of Prospective Tenants
  • Freestanding 9000 sq ft Industrial Building
  • High Demand Sarasota Industrial Market

OVERVIEW

Rare opportunity to acquire a fully leased industrial investment property in Sarasota's highly sought-after Interstate Industrial Park. This ±9,000 SF freestanding industrial building is situated on approximately 0.60 acres and offers immediate, stable cash flow with an attractive 7.0% cap rate. The property is 100% leased and features 14-foot clear ceiling heights, 200-amp 3-phase electrical service, five grade-level roll-up doors, 22 on-site parking spaces, and ILW (Industrial Light & Warehousing) zoning, allowing for a broad range of industrial and commercial uses. Strategically positioned just minutes from I-75, Fruitville Road, and Sarasota-Bradenton International Airport, the property provides exceptional access for tenants and businesses throughout the Gulf Coast region. Demand for industrial space at this location is exceptionally strong, with a waiting list of prospective tenants seeking occupancy, reinforcing the property's long-term leasing stability and upside. With limited industrial inventory available in the Sarasota market, this stabilized asset presents an outstanding opportunity for investors seeking dependable income, high occupancy, and long-term appreciation.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Interstate Corporate Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.6

LAND SF

26,136

ZONING

ILW, County

APN/PARCEL ID

0216-05-0009

ASK ABOUT THIS PROPERTY

Vladislav KonatarKONA REALTYMore Info
941-718-8293

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Vladislav KonatarKONA REALTYMore Info
941-718-8293

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