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34469213
34469240

501 Interstate Court, Sarasota, FL 34240 For Sale

VK
FL bk3371231
$3,200,000
4 days on market
Updated 4 days ago

501 Interstate Court

Details
Property Type Retail, Office (+1)
Sub Type Flex, Warehouse
Square Footage 9,000
Units 6
Class A
Year Built 1986
Year Renovated 2025
Buildings 1
Acreage 0.600
Zoning ILW
Parking Spaces 22 spaces
Parking per 1,000 SqFt 2.44
Ground Lease No
Ceiling Height 14
Sale Condition 1031 exchange

Fully Leased ±9,000 SF Industrial Investment | 7.0% Cap Rate | Strong In-Place Cash Flow | Sarasota,

Marketing description

Rare opportunity to acquire a fully leased industrial investment property in Sarasota's highly desirable Interstate Industrial Park. This ±9,000-square-foot freestanding industrial building sits on approximately 0.60 acres and offers investors immediate, stable cash flow with an attractive 7.0% cap rate.

Designed for a variety of industrial users, the property features 14-foot clear ceilings, 200-amp 3-phase electrical service, five grade-level roll-up doors, 22 on-site parking spaces, and flexible ILW (Industrial Light & Warehousing) zoning that accommodates a broad range of industrial and commercial operations.

Strategically positioned just minutes from Interstate 75, Fruitville Road, and Sarasota-Bradenton International Airport, the property provides outstanding accessibility for tenants throughout the Gulf Coast region. Its central location within one of Sarasota's most established industrial corridors continues to drive strong leasing demand.

Adding to its investment appeal, ownership maintains a waiting list of prospective tenants seeking space at the property, underscoring the strength of the local industrial market and supporting long-term occupancy. With industrial vacancies remaining limited throughout Sarasota, this stabilized asset presents an exceptional opportunity for investors seeking dependable cash flow, strong tenant demand, and long-term value appreciation in one of Southwest Florida's most desirable industrial markets.

Investment highlights

  • 100% Leased industrial investment with immediate cash flow
  • Attractive 7.0% Cap Rate
  • ±9,000 SF freestanding industrial building
  • Approximately 0.60-acre site
  • ILW (Industrial Light & Warehousing) Zoning allowing a wide range of industrial and commercial uses
  • 14-foot clear ceiling heights
  • Five grade-level roll-up doors
  • 200-Amp, 3-Phase electrical service
  • 22 on-site parking spaces
  • Located within Interstate Industrial Park, one of Sarasota's premier industrial locations
  • Minutes from I-75, Fruitville Road, and Sarasota-Bradenton International Airport
  • Strong tenant demand with a waiting list of prospective tenants
  • Excellent opportunity for investors seeking stable income and long-term appreciation
  • Limited industrial inventory supports continued occupancy and rental growth potential

Listing Contacts

VK
FL bk3371231

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Additional Information

Name
Vlado Konatar
License
bk3371231
Brokerage
Kona Realty
Brokerage Phone
9417188293
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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