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1909 Whitfield Park Loop 18,000 SF 100% Leased Industrial Building Sarasota, FL 34243 $3,250,000 ($180.56/SF) 6.03% Cap Rate

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Investment Highlights

  • 18,000-square-foot multi-tenant industrial building with 14-foot clear height and multiple grade-level loading doors, supporting efficient operations.
  • Two of three units are leased, offering immediate income with additional upside through lease-up, repositioning, or partial owner occupancy.
  • LM zoning allows for various industrial uses, attractive to both CRE investors seeking flexibility and owner/users planning future expansion.
  • Within Whitfield Industrial Park, providing strong connectivity to US Highway 301, Interstate 75, Sarasota/Bradenton Int'l Airport, and Port Manatee.

Executive Summary

In Sarasota's Whitfield Industrial Park, a prime investment or future owner/user opportunity awaits at 1909 Whitfield Park Loop. Spanning 18,000 square feet, this multi-tenant industrial asset offers flexibility and long-term performance for a range of users. Traditional metal-on-concrete construction provides sustained durability, while 14-foot clear height and multiple grade-level overhead doors support efficient warehouse logistics. Ample guest and employee parking is available, including a gated, fenced side lot that enhances security and operational privacy.

Two of the three units are currently leased, providing stable in-place income with additional upside from lease-up or owner-occupancy. Light Manufacturing (LM) zoning allows for diverse industrial and commercial uses, appealing to investors and industrial operators seeking adaptable space.

Situated in Manatee County's largest industrial corridor, the property serves Florida's thriving Gulf Coast markets. Access is convenient just off US Highway 301, approximately 15 minutes from Interstate 75 via State Road 70 or University Parkway. Being nine minutes from Sarasota Bradenton International Airport (SRQ) and roughly 30 minutes from Port Manatee, 1909 Whitfield Park Loop effortlessly supports logistics, distribution, and regional operations across Tampa, St. Petersburg, and Bradenton.

Seller financing is available, making it an attractive option for buyers looking to optimize their capital structure and returns.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $192,000 $10.67

Financial Summary (Actual - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $192,000
Annual Per SF $10.67

Property Facts

Price $3,250,000
Price Per SF $180.56
Sale Type Investment or Owner User
Cap Rate 6.03%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 1.03 AC
Rentable Building Area 18,000 SF
No. Stories 1
Year Built/Renovated 1973/2024
Parking Ratio 1.44/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 5
Zoning LM, Sarasota - Light Manufacturing District (LM). The purpose of this district is to provide areas for light manufacturing, processing or assembling uses.

Amenities

  • Fenced Lot
  • Front Loading
  • Air Conditioning

Utilities

  • Gas
  • Water - City
  • Sewer - City
  • Heating - Electric

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Products
  • Manufacturing
  • 12,000 SF
  • $16.00
  • Triple Net
  • Sep 2026
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Products Manufacturing 12,000 SF $16.00 Triple Net Sep 2026

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
Tampa
392,890
58
1 h 15 m
Orlando
285,713
125
2 h 24 m
Miami
470,914
234
4 h 20 m
Jacksonville
903,889
249
4 h 52 m
Atlanta
498,044
504
9 h 12 m
New Orleans
391,006
691
12 h 33 m
Access and Labor Force
10 Miles
Total Population
484,464
Total Labor Force
241,582
Unemployment Rate
2.95%
Median Household Income
$66,819
Warehouse Employees
24,701
High School Education Or Higher
91.40%

Property Taxes

Property Taxes

Parcel Number
18683-0076-9
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,123,002
  • Listing ID: 30187753

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 1909 Whitfield Park Loop, Sarasota, FL 34243

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