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Net Leased Investment with National Tenant 
6671 15th Street East
 Sarasota, FL 34243
County: Manatee
 
Jeff Button
(941) 313-1193
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  For Sale Active  
Property Use Type:Investment
Type:Industrial
Distribution Warehouse
Building Size:2,460 SF
Lot Size:33,880 SF
Occupancy:100.00%
Price:$397,500
Price/SF:$161.59
Cap Rate:8.00%
Year Built:1982
Net Lease Investment:Yes
Years left on Lease:5
Date Last Verified:8/14/2008
Property ID:15780990
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 Additional Information 

Property Description:
NET LEASED INVESTMENT WITH NATIONAL COMPANY priced at an 8% cap rate. Occupant is a long-term tenant with current term expiring January 31, 2013.

The improvement includes 2,460 SF Air-Conditioned Retail/Office/Product Storage area and 1,540 SF Covered, Dock-High Loading area. Perimeter of the entire 0.78 acre site is fenced. Rear portion of the site is cleared and available for outside storage and/or expansion of existing facility.

Corner location and excellent visibility to 15th Street East, a well traveled north-south corridor for Manatee County.

Property owner and tenant request all property visits scheduled through listing agent.

Contact listing agent for additional information.

Location Description:
This property is well-located along 15th Street East in Manatee County with great access to US 301, US 41, SR 70, University Parkway and the Sarasota-Bradenton Airport. Minutes to I-75.

Commission Split:2%Property Types:Distribution Warehouse
Manufacturing
Fenced Yard:YesTruck Terminal/Hub/Transit
Trailer Parking:YesRefrigerated/Cold Storage
Power is available:Yes
TaxID/APN:18659.0005/2; 18659.0000/3
 Highlights 
•NET LEASED INVESTMENT WITH NATIONAL TENANT•DOCK-HIGH FACILITY
 
•FENCED STORAGE YARD AND/OR ROOM FOR BUILDING EXPANSION•GREAT ACCESS TO US 301, SR 70, US 41, UNIVERSITY PARKWAY
 
•MINUTES TO I-75  
  Financial Summary Actual  
Net Operating Income:$31,800
 
  Major Tenant Information
Tenancy Type: Single
 
 
  Debt & Equity Information
No Debt & Equity Information Provided

6/30/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 
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