Englewood, FL Industrial Property For Sale

Alternative property address is 6469 Industrial Lane. Excellent opportunity for an investor/developer to own a NNN leased industrial building and collect rents while building a new building on the 22,500 SF vacant adjoining lot. Excellent visibility on San Casa Drive with customer parking in the front and fenced yard space in the rear with access from Industrial Lane. The property has three tenants with rental upside. Rental Income

with CAM and excluding state tax is $43,654.00 annually. The property lost one building during Hurricane Ian (now the vacant lot) so true expenses can't be calculated for Real Estate taxes or property insurance as they were based on the property before the storm. Property is being sold

AS IS.

Now Available for an owner occupied user! Most tenants (currently 5) are on month to month leases with 3 expiring this summer and 1 ending Dec 31st 2024. A new owner can use the entire building or lease a portion while collecting income.

Tough to come by industrial warehouse with approx. 16,000 sq ft that sits on over 1 acre. Outdoor area is ready for a nice size storage area with approx. 30,000 sf. Site is located in the fast growing coastal city Englewood and is only miles from North Port and Venice with thousands of homes being developed in this area. Site sits directly on South River Rd. that is a main road to get from Englewood to US 41 and I - 75.

Current NOI is approx. $131,918.81

Building currently consists of 9 units with steel or framed glass entry doors, one 12’ x 12’ overhead door, and one rear 8’ x 8’ roll-up door and one steel rear entry door. All but one of the units have a designated office area, the northernmost space has been further partitioned into two smaller units each with a steel entry door and one overhead and one roll-up door.

Building has the ability to be opened to mostly or all clear span to maximize space.

The building has two common bathrooms located at the rear (northern end) of the warehouse.

Site specifics:

- 8 grade level overhead doors 12x12

- 8 rear grade level overhead doors 8x8

- 3 phase power

- 9 electric meters

- Premium Street Signage

- Mostly paved

- Site is on septic

City Distance From Site +/-

- North Port 10 Miles

- Venice 13 Miles

- Sarasota 23 Miles

- Lakewood Ranch 35 Miles

- Bradenton 39 Miles

- Ft. Myers 55 Miles

Come and see! Fully air-conditioned office/warehouse mix for sale in a well-maintained industrial association in Englewood. This unit is 25 x 50ft, approximately 1250 sft. The interiors throughout the space are updated with a beautiful showroom. Located in a building with 8 total units and located close to i-75 and central Englewood this property is not to be missed!

Contact agent for showing