7188 15Th St Sarasota, FL 34243
- Manufacturing properties
- 32,790 SF
Current Use by Public Records
- Evo Athletic Foundation Gymnastics Booster / Association Or Organization
- EVO Gymnastics / Gym
Property Details for 7188 15Th St
- Year built
- 1968
- Property size
- 32,790 SF
- Property type
- Manufacturing properties
- APN
- 6631100959
Description
This exceptional 32,790-square-foot manufacturing facility, located at 7188 15th St E in Sarasota, Florida (34243), is offered for sale at $4,500,000. The property, situated on a 56,267-square-foot lot (APN 6631100959), is part of the Newcraft Business Park and is zoned LM (Light Manufacturing). Built in 1968 and renovated in 2015, this single-story building boasts a 28-foot ceiling height. The interior comprises approximately 27,174 square feet of open space, 5,617 square feet of finished space including retail, lobby, reception, and office areas, and 1,314 square feet of partially finished mezzanine space. The building features 100% HVAC, insulation, and fire sprinklers. Currently leased to Evo Gymnastics, a long-term tenant with excellent credit, this property presents a strong investment opportunity. The sale is a Net Net Net (NNN) lease, and the property is offered as a single tenancy. The price per square foot is $137.24. This property is a condominium subject to the Declaration, Other Easements, and Restrictions of the Newcraft Business Park. The property's location in Manatee County, Florida provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with a strong tenant in place.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.5480886
- Latitude
- 27.413482
