FOR SALE INDUSTRIAL FREE STANDING WAREHOUSE WITH FENCED YARD AREA 4380 Independence Ct Sarasota, FL 34234 PROPERTY HIGHLIGHTS Free Standing Building Fenced Yard Area 3 Phase Power Central Sarasota Location PRESENTED BY: Mike Migone CCIM Senior Investment Advisor 941.487.6986 mike.migone@svn.com FL #BK399768 Diane Lawson, CCIM Senior Advisor 941.780.6136 diane.lawson@svn.com All SVN Offices Independently Owned & Operated.
DISCLAIMER The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.
EXECUTIVE SUMMARY Executive Summary PROPERTY OVERVIEWVIEW Well maintained free standing industrial building with rear fenced in yard area. 2,600 SF of quality designed front office with showroom,multiple offices, and break room. 3 Phase Power to the building. Conveniently located between Sarasota Bradenton International Airport and Downtown Sarasota. Building being sold vacant and ready for occupancy. PROPERTY HIGHLIGHTS Free Standing Building Fenced Yard Area 3 Phase Power PROPERTY SUMMARY Central Sarasota Location SALE PRICE: $795,000 LOT SIZE: BUILDING SIZE: 0.54 Acres 8,728 SF GRADE LEVEL DOORS: 4 CEILING HEIGHT: 18.0 FT YEAR BUILT: 1988 ZONING: MARKET: SUB MARKET: ILW Sarasota SW Florida 3
ADDITIONAL PHOTOS Additional Photos 4
ADDITIONAL PHOTOS Additional Photos 5
PROPERTY OVERVIEW Property Overview Physical Description Property Name: Free Standing Industrial Building with Secured Yard Area Type of Ownership: Fee Simple Property Type: Industrial APN: 0026070025 Lot Size: 0.54 AC Building Class: B Zoning: ILW Parking Spaces: 8 Cross Streets: Independence Drive & Northgate Blvd Construction Year Built: 1988 Construction Type: Concrete & Metal Number of Stories: 1 Foundation: Concrete Parking Surface: 8 Spaces Number of Units: 2 Clear Height: 18 Power: 3 Phase Roof: Galvanized Metal Interior Finish Walls: Ceilings: Floor Coverings: Dry Wal Drop and Metal Tile & Concrete 6
SITE PLAN Survey 7
FOR SALE INDUSTRIAL FREE STANDING WAREHOUSE WITH FENCED YARD AREA 4380 Independence Ct Sarasota, FL 34234 1 LOCATION INFORMATION
SECTION 1 LOCATION INFORMATION Location Maps 9
SECTION 1 LOCATION INFORMATION Satellite Map 10
FOR SALE INDUSTRIAL FREE STANDING WAREHOUSE WITH FENCED YARD AREA 4380 Independence Ct Sarasota, FL 34234 2 DEMOGRAPHICS
SECTION 2 DEMOGRAPHICS Demographics Map 1 Mile 3 Miles 5 Miles Total Population 7,489 52,905 145,721 Population Density 2,384 1,871 1,855 Median Age 38.3 40.9 44.9 Median Age (Male) 38.8 39.4 44.0 Median Age (Female) 39.2 42.9 46.2 Total Households 2,931 22,173 62,522 # of Persons Per HH 2.6 2.4 2.3 Average HH Income $42,220 $56,770 $65,129 Average House Value $223,395 $248,255 $303,106 * Demographic data derived from 2010 US Census 12
SECTION 2 DEMOGRAPHICS Demographics Report 1 MILE 3 MILES 5 MILES Total households 2,931 22,173 62,522 Total persons per hh 2.6 2.4 2.3 Average hh income $42,220 $56,770 $65,129 Average house value $223,395 $248,255 $303,106 1 MILE 3 MILES 5 MILES Total population 7,489 52,905 145,721 Median age 38.3 40.9 44.9 Median age (male) 38.8 39.4 44.0 Median age (female) 39.2 42.9 46.2 * Demographic data derived from 2010 US Census 13
SECTION 2 DEMOGRAPHICS Advisor Bio & Contact 1 Mike Migone CCIM Senior Investment Advisor SVN Commercial Advisory Group Mike Migone, CCIM serves as a Senior Investment Advisor for Sperry Van Ness Commercial Advisory Group specializing in the sale of retail and investment properties locally and throughout the Country. With 25+ years of real estate experience, Migone was recognized as his companies Top Advisor in 2012 and ranked in the top two in 2013, 2014 and 2015. Mike has extensive experience with Single Tenant Net Leased Investments, Medical Office, Industrial, and Multifamily. He also excels in retail site selection for his developer clients, and the subsequent disposition of these properties upon completion. Memberships & Affiliations CCIM, GRI FL #BK399768 Phone: 941.487.6986 Fax: 941.387.2160 Cell: 941.812.7437 Email: mike.migone@svn.com Address: 1626 Ringling Boulevard, Suite 500 Sarasota, FL 34236 One of Migone's proudest career accomplishments is his CCIM designation. CCIM's are among an elite corps of more than 15,000 professionals who hold the CCIM designation across North America and more than 30 countries. Mike is also a member of the Commercial Investment Division of the Sarasota Association of Realtors. In his spare time, Migone and his wife Cindy love to participate in all of the recreational resources and amenities that the beautiful Sarasota, Florida area has to offer. 14
SECTION 2 DEMOGRAPHICS Advisor Bio & Contact 2 Diane Lawson, CCIM Senior Advisor SVN Commercial Advisory Group Memberships & Affiliations Phone: 941.780.6136 Fax: 941.387.2160 Cell: 941.780.6136 Email: diane.lawson@svn.com Address: 1626 Ringling Boulevard, Suite 500 Sarasota, FL 34236 Diane Lawson has been in the commercial real estate industry for over 20 years, specializing in the sales and leasing of office and retail space. Starting out in property management and leasing she has extensive experience in managing over 750000 sf of office space and closed over 400 lease transactions. In 2005 she was recognized as one of Gulf Coast Business Review s Top 40 under 40 for her expertise in this industry in Sarasota and Manatee counties. She holds a broker s license and is one of only 6% of commercial brokers nationwide to be honored as a Certified Commercial Investment Member (CCIM) designee. Diane received her Bachelor s of Arts degree from Eckerd College in 2002. Diane is also committed to the community and regularly volunteers her time. A board member from 2001-2008, in 2007 Diane served as President of the Commercial Investment Division of the Sarasota Association of Realtors. She has also served from 2006 2008 as President of the Crowley Museum and Nature Center, and continues to regularly volunteer her time there. She was also a member of the Sarasota Leadership Class of 2009/2010 and continues to volunteer her time with the Greater Sarasota Chamber of Commerce Leadership Program. Diane lives in Bradenton with her two daughters, Julia and Mackenzie. 15
PRESENTED BY: MIKE MIGONE CCIM Senior Investment Advisor 941.487.6986 mike.migone@svn.com FL #BK399768 DIANE LAWSON, CCIM Senior Advisor 941.780.6136 diane.lawson@svn.com All SVN Offices Independently Owned & Operated 2014 All Right Reserved www.svn.com