Downtown Sarasota & I-75 Investment Port FOR SALE


Sarasota, FL - North Sarasota
$685,000 USD
941-923-0535
, Sarasota, FL for Sale
$685,000 USD
FOR SALE
1/11
null | 6.75% Cap Rate

Downtown Sarasota & I-75 Investment Port
Sarasota, FL
North Sarasota


HIGHLIGHTS

  • Two-property stabilized investment portfolio
  • ±750 SF retail unit in Downtown Sarasota
  • ±980 SF warehouse unit near I-75 & Fruitville Rd
  • Both properties leased with in-place income
  • 6.75% cap rate – ideal for 1031 exchange

OVERVIEW

American Property Group of Sarasota, Inc. presents Sarasota Two-Property Investment Portfolio Property Type: Retail / Industrial Investment Portfolio for Sale Property Size: ±1,730 SF Total This commercial real estate portfolio consists of two stabilized, income-producing properties located in Sarasota, FL. The offering provides immediate cash flow with both units currently leased, making it an ideal opportunity for investors or those completing a 1031 exchange. 2249 Ringling Blvd, Sarasota, FL ±750 SF retail unit located in a Downtown Sarasota strip center. This space is currently leased to a well-known local smoke shop on a long-term lease. Units of this size in this location are rarely available. 445 Interstate Ct #445, Sarasota, FL ±980 SF warehouse unit located just off I-75 and Fruitville Rd in a highly desirable industrial area. Previously built out as a man cave, the unit is meticulously maintained and currently leased. Offered at a 6.75% cap rate, this portfolio combines a high-demand downtown retail asset with a well-located industrial unit, providing diversification and stable in-place income. NDA required to review lease details.

ASK ABOUT THIS PROPERTY

Tyler SlumanAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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Tyler SlumanAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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