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7188 15th St E
Sarasota, FL 34243

Flex Property For Sale

Investment Highlights

  • Long-term Credit Tenant
  • NNN Lease

Executive Summary

The subject property is located on Florida's southwest coast south of Tampa in the Whitfield Industrial Area of Southeast Bradenton, a midpoint between Downtown Sarasota and Downtown Bradenton. The surrounding neighborhood is mixed-use in nature and approximately 90% developed. Primary land uses in the area are industrial with some commercial mixed uses with immediate areas beyond comprised mainly of residential uses including single-family homes, condominiums, and mobile home parks. The property's location offers convenient access from US-301, US-41, and I-75 and is approximately 1 mile from The Sarasota-Bradenton International Airport.The subject warehouse unit is part of a three-building complex within the Newcraft Business Park. Per the County Appraiser, the subject unit contains 32,790 +/- SF of building area and has a zoning of LM - light manufacturing. As part of the Newcraft Business Park, Building "2" is a condominium subject to the Declaration, Other Easements, Restrictions, etc. The property is comprised of 27,174 +/- SF of open gymnasium area and 5,617 +/- SF of finished space (retail, lobby, reception, juice bar, offices), and 1,314 +/- SF of partially finished mezzanine area. The building has 100% HVAC, insulation, and fire sprinklers. The property is currently leased by longterm credit tenant, Evo Gymnastics, a world-class gymnastics training center.The subject warehouse unit is part of a three-building complex within the Newcraft Business Park. Per the County Appraiser, the subject unit contains 32,790 +/- SF of building area and has a zoning of LM - light manufacturing. As part of the Newcraft Business Park, Building "2" is a condominium subject to the Declaration, Other Easements, Restrictions, etc. The property is comprised of 27,174 +/- SF of open gymnasium area and 5,617 +/- SF of finished space (retail, lobby, reception, juice bar, offices), and 1,314 +/- SF of partially finished mezzanine area. The building has 100% HVAC, insulation, and fire sprinklers. The property is currently leased by longterm credit tenant, Evo Gymnastics, a world-class gymnastics training center.

PROPERTY FACTS

Sale Type Investment
Property Type Flex
Property Subtype
Showroom
  • Industrial Warehouse
  • Office Office Live Work Unit
Building Class C
Lot Size 1.31 AC
Rentable Building Area 32,790 SF
No. Stories 1
Year Built/Renovated 1968/2014
Clear Ceiling Height 26 ft
No. Drive In / Grade-Level Doors 8

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
66311-0095-9
Land Assessment
$449,949 CAD
Improvements Assessment
$2,680,939 CAD
Total Assessment
$3,130,887 CAD

zoning

Zoning Code LM
LM
  • Listing ID: 31192329

  • Date on Market: 2024-03-12

  • Last Updated:

  • Address: 7188 15th St E, Sarasota, FL 34243

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