Auto Rental Site with a Tenant for Sale

Listing was updated at: 11/29/2019
Property Overview
Price/Rent PSF $ 263,900.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 1,341
Date Available 11/29/2019
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Floors 2
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Description

Location
In the City of Sarasota, 1973 17th St. is located directly behind (west) the HOB NOB restaurant and across the street (north) of Wendy's which are both on the corner of N. Washington Blvd and 17th St. and it is also across the street from UPS

Sale
100% Leased – Successful Auto Rental downstairs and Efficiency upstairs.
In addition to the office there is a covered prep area and 2 detached storage rooms.
Located with close proximity to the Downtown Core area and SRQ, it would difficult for your Tenant not to be successful. CAP Rate 8.1% with potential for increasing.


Zoning is ICD - Intensive Commercial District in the City of Sarasota and property is located directly behind (west of) the HOB NOB restaurant and across the street (north) of Wendy's which are both on the corner of N. Washington Blvd and 17th St. Property is also across the street from UPS.

Take advantage of this stable investment as demand for automotive parcels increases and supply decreases. You should consider buying the contiguous auto repair property as well. - Offered at $349,900

Seller will provide easement document for the driveway

Location