Yoder Design & Development
Listed by Yoder Design & Development
$3,100,000
Yoder Plaza
Details
APN 0043120008
Property Type Industrial
Sub Type Flex
Square Footage 45,413
Net Rentable (SqFt) 12,115
Units 6
Occupancy 80%
Tenancy Multi
Lease Type NNN
Lease Term 2
Rent Bumps Yes
Pro-Forma Cap Rate 8%
Pro-Forma NOI $248,000
Price per SqFt $68
Broker Co-Op No
Year Built 35
Year Renovated 8
Buildings 2
Stories 1
Lot Size (SqFt) 12,115
Zoning Industrial General
Parking Spaces 25 spaces
Parking Per SqFt 0.55
Investment Type Net Lease
Lease Commencement 04/29/2026
Ceiling Height 11ft
Sale Condition For sale by owner
INDUSTRIAL INVESTMENT PORTFOLIO
Marketing description
Yoder Design and Development is pleased to present a rare opportunity to acquire a two-property, multi-tenant industrial portfolio located along the highly trafficked North Washington Boulevard corridor in Sarasota, Florida.
This offering provides stable in-place income, diversified tenancy, and significant upside potential in one of Sarasota’s growing industrial submarkets.
Investment highlights
- Two Adjacent Industrial Properties Sold as a Portfolio
- 6 Total Tenants – Diversified Income Stream
- Strong In-Place Revenue: $248,000 Annually
- Approximate 8% Cap Rate
- Industrial General (IG) Zoning
- High Visibility Location on N. Washington Blvd
- Value-Add Opportunity Through Rent Increases
- Strong Demand for Small-Bay Industrial Space in Sarasota
Listing Contacts
Yoder Design & Development
Listed by Yoder Design & Development
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