4106 Us 41 N Listing Details & Market Data

4106 Us 41 N, Palmetto, FL 34221

  • For Sale $995,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 3,693 SF
  • Units 1
  • Lot Size 0.52 Acre
  • Property Tenancy Single Tenant
  • Year Built 1957
  • Date Updated Mar 26, 2024
  • HVAC None
Strategically located with easy access to US-19, US-41, and I-275 just North of the Manatee River.Attention investors seeking stable, income-generating assets! This prime industrial parcel in Palmetto, Florida, offers an attractive investment opportunity with a NNN lease. Key Features: Land: 22,655 square feet of well-positioned industrial land, providing ample room for expansion or future development. Building: 3,693 square feet of functional building space, suitable for a variety of light industrial uses. Lease: Secure NNN lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. This minimizes risk and simplifies ownership for the investor. Cap Rate: Attractive average cap rate of 6.14%, indicating a strong potential for consistent income generation. Additional Details: Location: Situated in a desirable industrial area of Palmetto, with convenient access to major transportation arteries and a strong local labor pool. Located at the split of US-19 and US-41, less than 5 minutes from I-275. Zoning: Ideally zoned (HC) for a wide range of industrial uses, offering flexibility for future tenant needs. Utilities: All essential utilities are readily available on-site. I nvestment Highlights: Stable Income: The NNN lease structure ensures predictable and reliable income, ideal for investors seeking long-term stability. Growth Potential: The spacious land area provides the potential for future expansion or redevelopment, enhancing the property's value. The 1.76 ac+/- parcel directly to the North is also available for purchase as outdoor storage. Strong Market: Manatee County is one of the fastest growing markets in the country, creating a favorable environment for this investment. This industrial parcel presents a compelling opportunity for investors seeking a secure and profitable asset with significant growth potential. Don't miss out on this chance to invest in a thriving Sarasota location with a stable income stream. Please do not disturb the Tenant.

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Highlights

  • NNN Lease with options through 2042.
  • Mission Critical facility for Tenant.
  • 22,655 SF Land.
  • 3,693 SF Building.
  • 6.14 CAP
  • Zoned HC
  • Location on major highway with easy access to interstate.
  • Adjacent Property Also Available.

Contacts

broker

Brett Kaplan

Optimus CREIA

(941) 270-3323

Location

Getting Around

  • Walk Score ®

    Car-Dependent (27)
  • Bike Score ®

    Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Palmetto, FL
  • Neighborhood Memphis
  • Zip Code 34221
  • Market Southwest Florida Coast

Points of Interest

  • RaceTrac

    1.50 miles

  • BP

    1.59 miles

  • Citgo

    2.09 miles

  • Pilot - Ellenton

    3.39 miles

  • Shell

    3.78 miles

  • Mobil

    3.96 miles

  • Wawa

    3.97 miles

  • Kriya

    4.23 miles

  • RaceTrac

    4.24 miles

  • BP

    4.28 miles

  • Parking North

    3.36 miles

  • Parking East

    3.56 miles

  • Riverwalk Lot

    3.63 miles

  • City Centre Parking Garage

    3.74 miles

  • Lewis Park parking lot

    4.03 miles

  • Starbucks

    7.63 miles

  • Robinson Preserve South Parking Lot

    7.66 miles

  • Overflow Parking

    7.93 miles

  • Neal Preserve parking

    8.49 miles

  • Walmart Supercenter

    1.87 miles

  • Publix

    2.06 miles

  • Aldi

    2.12 miles

  • Detwiler's Farm Market

    2.12 miles

  • Winn-Dixie

    2.44 miles

  • Ellenton Premium Outlets

    3.54 miles

  • TJ Maxx

    3.92 miles

  • Publix

    4.57 miles

  • Publix

    5.04 miles

  • Publix

    5.28 miles

Contact Listing Broker

broker

Brett Kaplan

Optimus CREIA

(941) 270-3323