8251 15Th St Sarasota, FL 34243

This exceptional investment opportunity presents a multi-tenant industrial portfolio totaling 50,284 square feet of rentable space, situated on a 5.14-acre lot in Sarasota, Florida. The property comprises two single-story buildings: a 33,700 square foot building constructed in 1975 and renovated in 2019, and a 16,584 square foot building built in 1997. Both buildings are strategically located adjacent to Sarasota Bradenton International Airport, offering convenient access to major transportation arteries including US-301 (approximately 1 mile), US-41 (approximately 3.8 miles), and I-75 (approximately 6.5 miles). The property benefits from a long-term ground lease with the Sarasota Manatee Airport Authority, expiring July 31, 2041, with a current annual ground rent of $116,628, subject to review in 2026. The property is zoned PD-MU (Planned Development-Mixed Use) and boasts a strong net operating income (NOI) of $291,578, resulting in an attractive 7% capitalization rate. The asking price for this exceptional investment is $4,165,400. Building 1 is a fully occupied multi-tenant structure, while Building 2 is occupied by Sunstate International Trucking under a modified gross lease. Detailed information regarding the ground and tenant leases is available upon request. This property represents a compelling investment opportunity in a high-growth area of Southwest Florida. The property's location, strong tenancy, and long-term ground lease provide a stable and attractive investment profile.