LSI is pleased to offer a 23-unit industrial flex investment property located at 6605 33rd Street East in Sarasota, Florida. Situated on approximately 1.0 acre, the property consists of an approximately 11,850-squarefoot multi-tenant building that was comprehensively renovated in 2023.
The building is configured with 23 individual suites, generally measuring approximately 500 square feet each. Twenty suites are designed for warehouse, operations, and storage use and feature 10-foot overhead roll-up doors. Several warehouse suites include additional improvements such as air conditioning, office areas, loft storage, and varied interior layouts. Some tenants lease multiple units, providing flexibility for businesses requiring additional space.
Three air-conditioned showroom/office suites—Units A, B, and C—are positioned along the front of the building with visibility and direct frontage on 33rd Street East. The property is occupied by a diverse mix of local small businesses, with a majority of leases structured on shorter terms.
LOCATION:
6605 33rd Street East is strategically positioned in the established Whitfield industrial area of North Sarasota/ Manatee County, immediately north of the Sarasota County line. The property benefits from convenient access to U.S. Highway 301, located approximately 1.1 miles away. Its proximity to Sarasota-Bradenton International Airport, established industrial and service commercial users, and surrounding residential and commercial growth supports continued demand from contractors, service businesses, distributors, storage users, and other small-bay industrial tenants.
INVESTMENT HIGHLIGHTS:
• Multi-tenant cash flow: A 23-unit industrial flex property occupied by local small business tenants.
• Flexible suite configuration: Twenty warehouse suites and three front showroom/ office suites, generally consisting of approximately 500 square feet per unit.
• Functional industrial improvements: warehouse suites feature 10-foot overhead doors, with select units offering air conditioning, office build-outs, lofts, and other tenant improvements
• Renovated asset: The building was completely renovated in 2023.
• Rental growth potential: Shorter-term lease structures may provide future opportunities to adjust rents to market.
• Prominent frontage: Three front office/ showroom suites offer direct exposure along 33rd Street East.