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5703 Pinkney Ave

Sarasota, FL
Total Size
25,025 sqft
Year Constructed
Year Renovated
Building Class

About 5703 Pinkney Ave

Industrial investment opportunity in the central Sarasota County Clark Road corridor. Ideal candidate for a 1031 exchange. Two parcels sold as a single unit. Quality Tenant with lease running through 2017 includes annual increases. Four buildings totaling 25,025 square feet on more than 2 acres of fenced land. Price is just $59/square foot! Cap rate of 6%. Decent net income with excellent price appreciation potential. An excellent investment in an inflationary environment! Owner will consider financing to qualified Buyer. Main building height is 32 feet with second floor offices and 6 overhead doors. Separate paint booth building. Second 8,000sf warehouse with 1,200 square feet of office/showroom space fronts on a paved yard. Small shed for storage. All with 3-phase electric. Note that listing includes two parcels: PIN#0090090001 and PIN#0090160020 Easy to show but listing agent must accompany all showings. Drive-bys please do not approach Tenant or interrupt their business. - Number of buildings: 4 - Building condition: Good - Tenancy: Single Tenant

Internet Providers for 5703 Pinkney Ave

Provider Technology Max Download Speed Max Upload Speed
Verizon Online Fiber
1 Gb/s
25 Mb/s
Comcast Cable
1 Gb/s
25 Mb/s

The City: Bee Ridge

On average, listings lease in the $10's per square foot per year. The Bee Ridge submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Median Rate Median Size
Bee Ridge $20

Median Rate over Time in Bee Ridge