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Interstate Corporate Center 501 Interstate Ct 9,000 SF 100% Leased Industrial Building Sarasota, FL 34240 $3,200,000 ($355.56/SF) 7% Cap Rate
Investment Highlights
- 100% Leased Investment
- Strong In-Place Cash Flow
- Freestanding 9000 sq ft Industrial Building
- 7% Cap Rate
- Waiting List of Prospective Tenants
- High Demand Sarasota Industrial Market
Executive Summary
Rare opportunity to acquire a fully leased industrial investment property in Sarasota's highly sought-after Interstate Industrial Park. This ±9,000 SF freestanding industrial building is situated on approximately 0.60 acres and offers immediate, stable cash flow with an attractive 7.0% cap rate.
The property is 100% leased and features 14-foot clear ceiling heights, 200-amp 3-phase electrical service, five grade-level roll-up doors, 22 on-site parking spaces, and ILW (Industrial Light & Warehousing) zoning, allowing for a broad range of industrial and commercial uses.
Strategically positioned just minutes from I-75, Fruitville Road, and Sarasota-Bradenton International Airport, the property provides exceptional access for tenants and businesses throughout the Gulf Coast region.
Demand for industrial space at this location is exceptionally strong, with a waiting list of prospective tenants seeking occupancy, reinforcing the property's long-term leasing stability and upside. With limited industrial inventory available in the Sarasota market, this stabilized asset presents an outstanding opportunity for investors seeking dependable income, high occupancy, and long-term appreciation.
The property is 100% leased and features 14-foot clear ceiling heights, 200-amp 3-phase electrical service, five grade-level roll-up doors, 22 on-site parking spaces, and ILW (Industrial Light & Warehousing) zoning, allowing for a broad range of industrial and commercial uses.
Strategically positioned just minutes from I-75, Fruitville Road, and Sarasota-Bradenton International Airport, the property provides exceptional access for tenants and businesses throughout the Gulf Coast region.
Demand for industrial space at this location is exceptionally strong, with a waiting list of prospective tenants seeking occupancy, reinforcing the property's long-term leasing stability and upside. With limited industrial inventory available in the Sarasota market, this stabilized asset presents an outstanding opportunity for investors seeking dependable income, high occupancy, and long-term appreciation.
Property Facts
| Price | $3,200,000 | Building Class | A |
| Price Per SF | $355.56 | Lot Size | 0.60 AC |
| Sale Type | Investment | Rentable Building Area | 9,000 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1984/2025 |
| Property Type | Industrial | Parking Ratio | 2.44/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Zoning | ILW, County - Industrial Light and Warehouse | ||
| Price | $3,200,000 |
| Price Per SF | $355.56 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 0.60 AC |
| Rentable Building Area | 9,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2025 |
| Parking Ratio | 2.44/1,000 SF |
| Clear Ceiling Height | 14’ |
| Zoning | ILW, County - Industrial Light and Warehouse |
Amenities
- Signage
- USDA/FDA
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Water
- Sewer
- Heating
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0216-05-0009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $756,793 |
Property Taxes
Parcel Number
0216-05-0009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$756,793
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Interstate Corporate Center | 501 Interstate Ct