Prime Industrial Corridor in Central Florida Coastal Market | 6460 Parkland Dr., Sarasota, FL

Highlights:

• Florida Rare Coastal Area Absolute NNN | 19-Year Lease w/Strong Private-Equity Backed Tenant
• $399,238 NOI | 6% Cap | 23,895 SF @ $256 PSF Providing Attractive Yield & Absolute NNN Security
• Seasoned MDC Precision High-Growth Tenant w/ Fortune-500 Clients & High Life-Sciences Growth
• Excellent Building Condition w/a Class-1000 Clean Room & Exceptional Power, Parking & Logistics Access
• Prime Sarasota Location In 2.2 % Vacancy Limited-Inventory Market & No State Income Tax

Description:

DWG Capital Group is pleased to present 6460 Parkland Dr., Sarasota, FL 34243, a new opportunity to acquire, via long-term sale leaseback, a 23,895-square-foot, industrial manufacturing facility in the prime industrial corridor and coastal market of Central Florida priced at $6,140,000. The facility is strategically located in the FL-301 industrial corridor with 1000 feet of frontage along US Highway 301 and is less than two (2) miles from the Sarasota-Bradenton International Airport.

The asset is currently leased to, and fully occupied by MDC Precision, a global supplier of engineered vacuum components and integrated systems serving semiconductor, aerospace/defense, life sciences, and research customers. This Property is the sole production Facility for MDC’s insulator seal division, including eight (8) product groups only manufactured in Sarasota, serving its ceramic to metal customer base. With a Year-1 Net Operating Income of $399,238 the asset is subject to a 20-year absolute net lease (19 years remaining) along with annual escalations of 2.50%. In addition, the Lease will include two (2), 10-year renewal options.

Built in 1988 and situated on 2.16 acres, this site serves as the Company’s insulator seals technology center and is equipped with 25-foot clear heights and two (2) 20-foot grade-level loading doors. The facility is 85% air conditioned, and the R&D portion incorporates an atmosphere clean furnace system essential to client needs. Additionally, the property features a class 1000 clean room, vacuum brazing, TIG and orbital welding, and >20,000 volt testing capabilities. Here MDC manufactures feedthroughs, viewports, vacuum breaks and many other products and are the go-to division for competitive cost fabrication and complete system integration in the aerospace and research markets.

6460 Parkland Dr is located in Sarasota, FL and sits in the FL-301 industrial corridor. The site boasts phenomenal access and visibility from Highway 301 with 1000 feet of frontage along the east side of the facility. Highway 301 transitions to Highway 41 and runs 479 miles from Miami up the Gulf side of the state and into Georgia. The Property benefits from close proximity to Sarasota-Bradenton International Airport (<2 miles), which carried 4.3 million passengers in 2023, up 215% since 2018. The site is equidistant from downtown Sarasota and Bradenton, areas in which the metro’s population has grown by 26% to 883,000 since 2010.

THE TENANT
MDC Precision is a world leader in delivering highly custom engineered components required for operation at the atomic scale for semiconductor, aerospace, life science, and government and university research end markets. The core areas of their business encompass the production of ceramic and metal insulator seals, the integration of systems based on vacuum technology, the development and distribution of vacuum valves, and the provision of solutions for the delivery of gases with ultra-high purity levels. These key segments highlight the company's specialization in leveraging advanced technologies to meet the needs of industries requiring precise and controlled environments. The company began operation in 1975 and boasts 6000+ customers including several fortune 500 companies.

MDC Precision expects 2025 and 2026 to result in strong revenue growth driven by the booming life sciences market and rising demand for vacuum valves. The seasoned and dynamic tenant continues a path of high growth, consistently producing superior sales and strong credit. Financials available by request and under confidentiality.

THE MARKET
Over the past three years, industrial rents in the Sarasota area have climbed by a cumulative 29.2%, cementing the region’s position as one of Florida’s higher-cost submarkets. Average asking rents in the submarket now stand well above many peer markets in central Florida.

Unlike other parts of the state that have experienced large-scale development, Sarasota’s industrial inventory has grown only modestly—by about 37,000 SF in the last three years. In the past twelve months, just 2,700 SF of new space was delivered, while occupancy contracted by roughly 84,000 SF, signaling a period of negative absorption and tightening availability.

Logistics facilities dominate the landscape, comprising 10.4 million SF, followed by 3.0 million SF of specialized space and 1.3 million SF of flex product. This mix reflects Sarasota’s role as both a distribution hub and a niche market for specialized users.

Beyond real estate fundamentals, Sarasota’s manufacturing sector has emerged as a key driver of growth, contributing significantly to job creation, technological advancement, and broader economic diversification. This industrial base not only underpins demand for specialized and logistics space but also strengthens the region’s long-term attractiveness to investors.

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