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1926 72nd Dr E
Sarasota, FL 34243
Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 2006/2014 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 5.33 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 37,020 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | LM | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.33 AC |
| Rentable Building Area | 37,020 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2014 |
| Tenancy | Single |
| Parking Ratio | 1.02/1,000 SF |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LM |
ABOUT 1926 72ND DR E , SARASOTA, FL 34243
Credit National Tenant Tenant is the subsidiary of SRS Distribution, Inc., which is backed by Berkshire Partners, a leading national private investment firm. SRS Distribution operates over 150 locations nationwide. SRS operates under the trade name Suncoast Roofers Supply in Florida. Strong Tenant Commitment to Property Property was a build to suit for the tenant, who has been operating out of the building since 2006. Tenant recently extended the lease, showing long term dedication to remaining in the space. Well-Positioned Property for Distribution Sarasota is a rapid growth market with high barriers to entry. This SRS distribution facility is strategically located to work in conjunction with their other SRS properties on the West Coast of Florida. Limited Landlord Responsibilities This is a rare opportunity to invest in an industrial property with a long term lease and minimal landlord obligation. Landlord is only responsible for roof and structure. Ample Outdoor Storage The property includes a vast amount of paved outside storage (approximately 1 acre). This also provides for an expansion opportunity up to 15,000-30,000 square feet to increase the building' s footprint and still retain outside storage. Long Term Lease Tenant recently renewed the lease for a total of 7 years, providing passive income for the new landlord.
PROPERTY TAXES
| Parcel Number | 19853-0075-9 | Improvements Assessment | $2,154,011 |
| Land Assessment | $1,067,993 | Total Assessment | $3,222,004 |
PROPERTY TAXES
