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1800 University Pky 105,752 SF Industrial Building Sarasota, FL 34243 For Sale
INVESTMENT HIGHLIGHTS
- Single Tenant Net Leased Warehouse Building
- ILW Zoned
- 10 Exterior Doors; 1 Drive-In Door; 2 Levelers
- Up to 30'-32' Clear Height
- 105,752 SF; 7.5 Acres
- Serviced by Fully Functional Rail Spur
EXECUTIVE SUMMARY
Single Tenant Net Leased Warehouse Building
- 105,752 SF
- Up to 30'-32' Clear Height
- Zoning: ILW
- 7.5 Acres
- 10 Exterior Doors
- 1 Drive-In Door
- 2 Exterior Levelers
- Parking: 4/1,000 SF
- New Roof
- ESFR Sprinklers
- Currently Occupied by the Sarasota Herald Tribune which has been a tenant since 2012 with a lease extending through January 2032.
- Tenant has Sublet 33,091 SF to AM Design with term through 11/30/2026 at a sublet rental rate of $6.95/SF
- Fortune 500 Tenancy
- 6.5 Years Remaining Term
- $573,751 2025 NOI
- Current Rent is Approximately 50% Below the Competitive Set
- Serviced by Fully Functional Rail Spur
PROPERTY FACTS
| Sale Type | Investment or Owner User | Year Built/Renovated | 1965/1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 4/1,000 SF |
| Building Class | C | Clear Ceiling Height | 30’ |
| Lot Size | 7.50 AC | No. Dock-High Doors/Loading | 10 |
| Rentable Building Area | 105,752 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 | ||
| Zoning | ILW | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 7.50 AC |
| Rentable Building Area | 105,752 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/1990 |
| Tenancy | Single |
| Parking Ratio | 4/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | ILW |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Information
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The Sarasota Herald-Tribune was founded in 1925. Today, more than 90 years later, our company has transformed from a newspaper to a diversified media company known as the Herald-Tribune Media Group. The HTMG’s mission is to be the most trusted and valued source of news and information in the market we serve. From our state-of-the-art headquarters in downtown Sarasota, the HTMG offers the most comprehensive local daily reporting in the region through traditional and digital news products, advancing our role as the information leader in Southwest Florida. In 2016, the HTMG’s Investigation Team Editor Michael Braga was awarded the Pulitzer Prize for Investigative Reporting for the Herald-Tribune/Tampa Bay Times collaborative investigation into Florida’s mental health hospitals after suffering through $100 million in budget cuts. In 2011, the HTMG’s Paige St. John was awarded the Pulitzer Prize for Investigative Reporting for her coverage of the state of homeowners insurance in Florida.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Information | - | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 0024-02-0002 | Improvements Assessment | $7,186,474 CAD |
| Land Assessment | $2,935,693 CAD | Total Assessment | $10,122,167 CAD |
PROPERTY TAXES
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1800 University Pky
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