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Downtown Sarasota & I-75 Investment Port 2 Condos Offered at $946,122 CAD in Sarasota, FL
Investment Highlights
- Two-property stabilized investment portfolio
- ±980 SF warehouse unit near I-75 & Fruitville Rd
- 6.75% cap rate – ideal for 1031 exchange
- ±750 SF retail unit in Downtown Sarasota
- Both properties leased with in-place income
Executive Summary
American Property Group of Sarasota, Inc. presents Sarasota Two-Property Investment Portfolio
Property Type: Retail / Industrial Investment Portfolio for Sale
Property Size: ±1,730 SF Total
This commercial real estate portfolio consists of two stabilized, income-producing properties located in Sarasota, FL. The offering provides immediate cash flow with both units currently leased, making it an ideal opportunity for investors or those completing a 1031 exchange.
2249 Ringling Blvd, Sarasota, FL
±750 SF retail unit located in a Downtown Sarasota strip center. This space is currently leased to a well-known local smoke shop on a long-term lease. Units of this size in this location are rarely available.
445 Interstate Ct #445, Sarasota, FL
±980 SF warehouse unit located just off I-75 and Fruitville Rd in a highly desirable industrial area. Previously built out as a man cave, the unit is meticulously maintained and currently leased.
Offered at a 6.75% cap rate, this portfolio combines a high-demand downtown retail asset with a well-located industrial unit, providing diversification and stable in-place income. NDA required to review lease details.
Property Type: Retail / Industrial Investment Portfolio for Sale
Property Size: ±1,730 SF Total
This commercial real estate portfolio consists of two stabilized, income-producing properties located in Sarasota, FL. The offering provides immediate cash flow with both units currently leased, making it an ideal opportunity for investors or those completing a 1031 exchange.
2249 Ringling Blvd, Sarasota, FL
±750 SF retail unit located in a Downtown Sarasota strip center. This space is currently leased to a well-known local smoke shop on a long-term lease. Units of this size in this location are rarely available.
445 Interstate Ct #445, Sarasota, FL
±980 SF warehouse unit located just off I-75 and Fruitville Rd in a highly desirable industrial area. Previously built out as a man cave, the unit is meticulously maintained and currently leased.
Offered at a 6.75% cap rate, this portfolio combines a high-demand downtown retail asset with a well-located industrial unit, providing diversification and stable in-place income. NDA required to review lease details.
Property Facts
| Price | $946,122 CAD | Status | Active |
| Price / SF | $546.89 CAD / SF | Number of Properties | 2 |
| Cap Rate | 6.75% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 1,730 SF |
| Price | $946,122 CAD |
| Price / SF | $546.89 CAD / SF |
| Cap Rate | 6.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,730 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Interstate Condo Warehouse
443-451 Interstate Ct, 1st Floor - Unit 445, Sarasota, FL 34240 |
Flex Condo | 980 SF | 1987 | - |
| 2249 Ringling Blvd, 1st Floor - Unit 2249, Sarasota, FL 34237 | Retail Condo | 750 SF | 1955 | - |
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Downtown Sarasota & I-75 Investment Port
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