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Property Detail

West Platt Street
Turnkey business park for sale with four fully leased industrial buildings on 4% yearly increases .
$23,299,000

Description

  • Turnkey business park for sale with four fully leased industrial buildings on 4% yearly increases and a partially leased office building.
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  • Structures include three newly built industrial buildings, a fully leased warehouse, and an 18,400-square-foot office building with an atrium.
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  • BioTech Way rests on a 7.5-acre campus with a lush, tree-lined entrance and meticulous landscaping.
  • Conveniently located 6 miles from Downtown Sarasota, 8.5 miles from Bradenton, and seven minutes from Sarasota Bradenton International Airport.
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  • Join 5M Promotions, The Pad, Tropitone, Sarasota Opera, and Sunstream.

Executive Summary

Nestled within a thriving commercial and industrial hub in Sarasota, the business park at 1550 Biotech Way presents an exceptional opportunity for diverse corporate endeavors to acquire and invest in a prime industrial and office facility. The park sports five buildings, including three new industrial buildings ranging from 18,942 square feet to 19,938 square feet, a 12,500-square-foot warehouse, and an 18,400-square-foot office building. The industrial buildings and warehouse feature tilt walls, 28-foot clear heights, and air conditioning and are fully leased with 4% yearly increases. The office building features lush interior greenery, communal seating in the two-story atrium, and ample natural lighting. The second floor offers a versatile layout, offering multiple private offices, open spaces, and conferencing facilities. The office building has 4,000 square feet leased on the second floor.

1550 Biotech Way boasts a prime location 6 miles from Downtown Sarasota and 8.5 miles from Bradenton. The Sarasota Bradenton International Airport is a seven-minute drive away via 301 Boulevard E.

Access to major thoroughfares, including US Highway 301, 41, and Interstate 75, facilitates seamless connectivity to significant markets, including Tampa, St. Petersburg, and Clearwater. Embracing the essence of Sarasota's coastal charm, this business park offers a functional and flexible workspace with proximity to the city's cultural richness and stunning beaches, such as Lido Beach and Siesta Key Beach, ensuring an ideal blend of work and leisure for discerning occupants.
 

Industrial Park for Sale

Listing ID : 00642

SKU: 642

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Price History

DateEventPrice
December 5 2024Listed$23,299,000.00