For Sale
$4,500,000

7188 15Th StSarasota, FL 34243

32,790 SF Manufacturing Space, $4.5M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 32,790-square-foot manufacturing facility, located at 7188 15th St E in Sarasota, Florida (34243), is offered for sale at $4,500,000. The property, situated on a 56,267-square-foot lot (APN 6631100959), is part of the Newcraft Business Park and is zoned LM (Light Manufacturing). Built in 1968 and renovated in 2015, this single-story building boasts a 28-foot ceiling height. The interior comprises approximately 27,174 square feet of open space, 5,617 square feet of finished space including retail, lobby, reception, and office areas, and 1,314 square feet of partially finished mezzanine space. The building features 100% HVAC, insulation, and fire sprinklers. Currently leased to Evo Gymnastics, a long-term tenant with excellent credit, this property presents a strong investment opportunity. The sale is a Net Net Net (NNN) lease, and the property is offered as a single tenancy. The price per square foot is $137.24. This property is a condominium subject to the Declaration, Other Easements, and Restrictions of the Newcraft Business Park. The property's location in Manatee County, Florida provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with a strong tenant in place.

Highlights

  • $4,500,000 asking price for this 32,790 square foot industrial property.
  • Located at 7188 15th St E, Sarasota, FL 34243 in Manatee County.
  • Single-tenant, NNN lease in place.
  • Features 28-foot ceiling heights.
  • Light manufacturing zoning (LM).
  • Built in 1968, renovated in 2015.

Property Details for 7188 15Th St

Property type
Industrial properties, Manufacturing properties
Square Feet
32,790 SF
Year Built/Renovated
1968/2015
Stories
1

Location Insight

City
Sarasota
County
Manatee
State
Florida
Latitude
27.413482
Longitude
-82.5480886
7188 15Th St, Sarasota, Florida

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7188 15Th St
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