Leased Industrial Investment with Excess Land for Future Development

Highlights:

• Multiple loading options including
• Four ramps
• Thirty dock high doors
• 14' - 16' clear height
• 3 Phase Power with over 3,000 Amps
• 8,000 SF Air Conditioned Office/Showroom
• Below market rent through 2026
• Tilt Wall Construction
• Land for expansion, parking or outside storage

Description:

Ian Black Real Estate is excited to present this unique opportunity to purchase an industrial investment with all of the most sought after features. The property offers a Buyer the opportunity to mark to market the rent in 2026 as well as build a sister building, up to 56,000 SF, on the excess land located at the rear of the property, subject to site plan approval. The excess land also allows a Buyer to offer a tenant highly sought after outside storage or vehicle parking. The current Tenant does not have a renewal option allowing for a Buyer to occupy the existing building at the end of the lease term. Located centrally between Sarasota and Manatee Counties, just off of US 301, on 63rd/Saunders Rd the property is ideally positioned for occupants to access and serve customers throughout the area. 63rd Ave E is currently being widened to four lanes with a scheduled completion date at the end of 2026.

Offers for Purchase are due by August 15th, 2024

Just east of US 301 and west of 33rd St E on 63rd Ave E

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