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Flex Space with Paint Booth
For Lease
$15 SF/Yr

1156 Gillespie Avenue, Sarasota, FL 34236

Industrial space includes a restored paint booth, private restrooms, and multiple overhead doors.

Space Size1,100 SF - 3,400 SF
Property Size4,500 SF
Days on Market90

Property Features for 1156 Gillespie Avenue

General Information

Standard status Active
Size 1,100 SF - 3,400 SF
Property subtype Industrial
Lease Term NNN

Additional Details

Space Use Industrial

Amenities

Private restrooms

Building Details

Building Size 4,500 SF

Spaces For Lease

at 1156 Gillespie Avenue Contact us

1156 Gillespie (Unit A) $15/SF/Yr

Size
3,400 SF
Term
Negotiable
Contact us

1156 Gillespie (Unit B) $16/SF/Yr

Size
1,100 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Tyler Sluman · License #FL SL3487138
Source: Americanpropertygroup
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 30 at 2:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tyler Sluman

Investment Insights

Based on property information with market context.

For lease at 1156 Gillespie Avenue in Sarasota, this flexible industrial property combines warehouse functionality with a restored paint booth and multiple overhead doors. Private restrooms are also included, supporting a range of day-to-day commercial operations.

The property can accommodate the creation of an approximately ±9,000 SF industrial compound. Its configuration is suited to automotive and contractor-oriented uses, with convenient access to Downtown Sarasota described as minutes away.

Key Highlights

  • Flexible warehouse and industrial space at 1156 Gillespie Avenue
  • Fully restored paint booth
  • Multiple overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Veterinary Clinic Florist Butcher Pharmacy Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,374
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value

Market

Lease Benchmarks for Sarasota, FL

$16.64 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
11,697 SF
Avg Space Size

This space is priced 10% below the average of $16.64 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial space includes a restored paint booth, private restrooms, and multiple overhead doors.
Where is this flex space located?
The property is located at 1156 Gillespie Avenue Sarasota, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Flexible warehouse and industrial space at 1156 Gillespie Avenue; Fully restored paint booth; Multiple overhead doors
More about this property
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