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1850-1890 University Pky 30,000 SF 96% Leased Industrial Building Sarasota, FL 34243 $4,950,000 ($165/SF)



Executive Summary
Positioned for both investors and owner-users, this income-producing asset earns stable rental revenue through multiple tenants (office, showroom, industrial, or medical uses) under long-term leases. The ILW zoning supports a broad range of light industrial and office users, enhancing the appeal for diverse operators. Situated just 1.3 miles east of SRQ Airport on a major commuter route (University Parkway carries up to 38,500 vehicles daily) the building benefits from exceptional visibility and ease of access, including convenient ingress and egress.
This offering is ideal for buyers seeking a turnkey investment with attractive cash flow, or for businesses aiming to operate in a functional, high-traffic showroom/office environment. Don’t miss this rare chance to own a spacious, versatile asset in a marquee location.
Property Facts
| Price | $4,950,000 | Rentable Building Area | 30,000 SF |
| Price Per SF | $165 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1977 |
| Property Type | Industrial | Parking Ratio | 2.13/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 11’8” |
| Building Class | B | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 2.35 AC | ||
| Zoning | ILW - Commercial | ||
| Price | $4,950,000 |
| Price Per SF | $165 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.35 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 2.13/1,000 SF |
| Clear Ceiling Height | 11’8” |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | ILW - Commercial |
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Yard
- Monument Signage
- Air Conditioning
- Smoke Detector
Utilities
- Lighting - Mercury
- Water - County
- Sewer - County
- Heating - Electric
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Great opportunity for lease in a prime location off the highly sought-after University Parkway! This space features a storefront entrance leading into a spacious showroom or office area. Enjoy excellent frontage and visibility, with signage directly on University Parkway. The property offers convenient access with easy ingress and egress into the park. The unit includes three offices, a reception area, and two bathrooms. Don't miss out on this highly desirable location!
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 1856 | 1,250 SF | Industrial | - | Now |
1st Fl - 1856
| Size |
| 1,250 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - 1856
| Size | 1,250 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Great opportunity for lease in a prime location off the highly sought-after University Parkway! This space features a storefront entrance leading into a spacious showroom or office area. Enjoy excellent frontage and visibility, with signage directly on University Parkway. The property offers convenient access with easy ingress and egress into the park. The unit includes three offices, a reception area, and two bathrooms. Don't miss out on this highly desirable location!
Property Taxes
| Parcel Number | 0024-01-0016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,521,047 |
Property Taxes
Presented by
1850-1890 University Pky
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