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Palmerwood Portfolio 4 Industrial Properties Offered at $8,950,000 in Sarasota, FL
Investment Highlights
- 2.47 Acres
- 19 Units
- Close proximity to Downtown Sarasota
- 42,000 SF +/-
- Fully stabilized
Executive Summary
American Property Group presents the Palmerwood Portfolio for sale. One of the closest industrial parks to downtown Sarasota, this fully stabilized asset is ready for it's long term owner. Spanning over 2.47 acres, this industrial investment portfolio includes a total of 6 buildings with 19 units. Each building has different unit sizes and different interior structures, making it a fantastic opportunity for the small bay investor.
Almost half of the property (two buildings totaling 17,700 SF) are leased out long term to a stable tenant that trades on the NYSE; QXO.
Addresses: 1119 Palmer Wood Ct / 1155 Palmer Wood Ct / 1100 Gillespie Ave / 1180 Gillespie Ave
This property is fully stabilized. Please reach out to Tyler Sluman for an NDA to sign for confidential information on the property.
Almost half of the property (two buildings totaling 17,700 SF) are leased out long term to a stable tenant that trades on the NYSE; QXO.
Addresses: 1119 Palmer Wood Ct / 1155 Palmer Wood Ct / 1100 Gillespie Ave / 1180 Gillespie Ave
This property is fully stabilized. Please reach out to Tyler Sluman for an NDA to sign for confidential information on the property.
Property Facts
| Price | $8,950,000 | Number of Properties | 4 |
| Price / SF | $180.43 / SF | Individually For Sale | 0 |
| Cap Rate | 6.57% | Total Building Size | 49,603 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.65 AC |
| Status | Active |
| Price | $8,950,000 |
| Price / SF | $180.43 / SF |
| Cap Rate | 6.57% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 49,603 SF |
| Total Land Area | 1.65 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1180 Gillespie Ave, Sarasota, FL 34236 | Industrial | 25,269 SF | 1983 | - |
| 1119 Palmer Wood Ct, Sarasota, FL 34236 | Industrial | 9,490 SF | 1980 | - |
| 1100 Gillespie Ave, Sarasota, FL 34236 | Industrial | 8,200 SF | 1980 | - |
| 1137-1155 Palmer Wood Ct, Sarasota, FL 34236 | Industrial | 6,644 SF | 1982 | - |
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Palmerwood Portfolio