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6805 33rd St E

$3,000,000

6805 33rd Street East, Sarasota, FL 34243

Active
Last Updated: 03/28/2025

4.8

Cap Rate

144,004.25

NOI

Details:
Cap Rate:    4.8%
NOI:    $144,004.25
Pro Forma Cap Rate :    9.8%
Building Size:    20,926 sqft
Lot Area:    1.22 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    1986
Zoning:    LIM- Sarasota
Tenancy:    Single
Floors:    1
Gross Leaseable Area:    20,926
Construction Status:    Built
Parking Ratio:    2.41
Restrooms:    6
Highlights:
  • Strategic proximity to I-75 for optimal distribution capabilities
  • Fully leased single tenant building
  • Right to terminate lease for owner user option or proforma CAP rate at market rate $292,964 NOI with a 9.8% CAP
Description:

Fully leased investment opportunity in the heart of Sarasota FL. The property offers quick access to I-75 as well as 20,926 SF of fully built out office and warehouse space. The current lease in place offers ownership right to terminate for owner user option or proforma CAP rate with a new tenant at market rate, producing $292,964 as the NOI and a 9.8% CAP rate.

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Documents:
Title
6805_33rd_St_E_Sale_Flyer.pdf
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