11524 31st Terrace E
Industrial Warehouse for Sale with Existing Tenant | 8,680 SqFt | +/- 1.75 AC
Marketing description
Franklin Street is pleased to exclusively offer a newly constructed industrial warehouse and outdoor storage facility located in Palmetto, Florida. Built in 2024, the property comprises 8,680 square feet of building space (7,780 SF warehouse and 900 SF office) on approximately 1.75 acres of net usable land. The building features a 20-foot clear height, four overhead doors (14'h x 12'w), and grade-level access. The property is zoned PDEZ (Planned Development Encouragement Zone) and is fully leased to McShea Contracting, LLC, a well-established pavement marking and specialty services contractor with over 45 years in business. This turnkey, income-producing asset is ideal for investors seeking a stabilized investment in a growing market with strong demographics and established tenant credit.
Investment highlights
- +/- 1.75 AC Lot
- 8,680 SF | 7,780 SF Warehouse, 900 SF Office
- Building Features: 20’ Clear Height, Four (4) Overhead Doors, Grade Level 14’h x 12’w
- Existing Tenant, full tenant overview in OM
- Newly constructed building (2024)
- Strong demographics: 3-mile population projected to grow from 16,058 (2025) to 21,390 (2030)
- Proximity to Port Manatee, Manatee Airport, FedEx Ground, and active industrial corridor
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