1800 University Pkwy, Sarasota
NNN Leased Warehouse with Flexibility for Owner/User or Investor
Marketing description
The warehouse features up to a 30-foot clear celling
height, 10 exterior docks, 2 exterior levelers, and 1
drive-in door. It’s currently 100% occupied by the
Sarasota Herald-Tribune, which has been a tenant
since February 2012 with several years of remaining term.
Tenant has sublet 33,091 s.f. to AM
Design. Location-wise, the property is positioned in a highly
accessible area with a parking ratio of 4.00 spaces
per 1,000 SF. It benefits from proximity to major
roadways with substantial traffic counts, including
Sarasota Lakes Blvd (20,319 vehicles), W University
Pkwy (14,210), and 57th St (37,807). The Sarasota/
Bradenton International Airport is only a 7-minute
drive away, enhancing its accessibility and logistical
advantages.
Investment highlights
100% Leased, 6.5 Years Remaining Term
Premier Airport Location
Robust Airport Industrial Market
50% Below Market Rents
Served by Active Rail Spur
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