NICK DEVITO II JOANNA GINDER-ASHLEY
Executive Summary PROPERTY OVERVIEW Opportunity to purchase fully leased warehouse/distribution building in south Sarasota, FL. The freestanding building was built at two units #3 & #4, which are currently leased to Sturdy Built Trailers through 2019. PROPERTY HIGHLIGHTS AND TENANT INFORMATION 12,300 SF +/- multi-tenant freestanding warehouse/distribution building with ample parking. Built as 2 units, each with private entrance, reception, offices, restrooms and large open warehouse space with 2 10' x 14' drive-up doors. 3 phase power - 400 amps, Fully A/C and sprinklered. PROPERTY SUMMARY Sale Price: $1,350,000 Cap Rate: 6.6% Building Size: 12,300 SF Leased to Sturdy-Built Trailers through 12/31/2019. 6.6% Cap Rate Sturdy Built Trailers is a family owned business since 1989, selling trailer parts - outfitting utility, enclosed, horse and boat trailers in all shapes and sizes. Their online web sales have further expanded sales now internationally. www.sturdybuiltonline.com Grade Level Doors: 4 Ceiling Height: 16.0 FT Year Built: 1998 Market: Sarasota Bradenton Sub Market: South Sarasota Cross Streets: Clark Road 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 2
Industrial Proper ty For Sale Building Photos NICK DEVITO II 941.906.8688 x112 nick@ian-black.com JOANNA GINDER-ASHLEY 941.906.8688 x101 joanna@ian-black.com 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 3
Office Photos 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 4
Industrial Proper ty For Sale Additional Photos NICK DEVITO II 941.906.8688 x112 nick@ian-black.com JOANNA GINDER-ASHLEY 941.906.8688 x101 joanna@ian-black.com 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 5
Building Floor Plans 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 6
Industrial Proper ty For Sale Location Maps NICK DEVITO II 941.906.8688 x112 nick@ian-black.com JOANNA GINDER-ASHLEY 941.906.8688 x101 joanna@ian-black.com 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 7
Demographics Map 1 Mile 3 Miles 5 Miles Total Population 5,098 58,217 130,710 Population Density 1,623 2,059 1,664 Median Age 57.3 52.7 50.9 Median Age (Male) 57.0 50.7 49.3 Median Age (Female) 57.6 53.8 51.9 Total Households 2,421 27,288 58,906 # of Persons Per HH 2.1 2.1 2.2 Average HH Income $99,782 $71,339 $75,071 Average House Value $399,850 $289,724 $313,900 * Demographic data derived from 2010 US Census 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 8
Contact 1 & Bio NICK DEVITO II Sales Agent/Partner Professional Background Nick DeVito grew up in Sarasota after being born in Ocala, FL. Both of his parents are graduates of Sarasota High School, so his roots run deep within the community. He spent almost two decades traveling across the country working with high volume jewelry wholesale/retail clients to help market their merchandise to drive customers into their stores. After having five children with his wife Susan, a decision was made to work locally and spend more time with the family. While attending the University of Florida and graduating with his BA at the College of Business, Nick took several classes that focused on Real Estate. After passing the real estate exam, he worked for 4 years with a small commercial start up company. He has specialized in office and retail commercial properties which includes some tenant representation work across the state. 1 South School Avenue Sarasota, FL 34237 T 941.906.8688 x112 C 941.928.1243 nick@ian-black.com Nick currently serves on the board at The First Tee of Sarasota/Manatee, is a member at Sarasota Baptist Church, and volunteers time with the youth group. Any spare time Nick has he spends on the golf course trying to figure out his short game! Memberships & Affiliations National, Florida and Sarasota/Manatee Association of Realtors Sarasota & Manatee Chambers of Commerce Education Bachelor of Arts - University of Florida, College of Business CCID Candidate 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 9
Contact 2 & Bio JOANNA GINDER-ASHLEY Sales Agent Professional Background Joanna Ginder-Ashley specializes in helping individuals and companies achieve their business goals, bringing her expertise in Sales and Marketing to Ian Black Real Estate when she joined the firm in November, 2014. Joanna obtained her Florida real estate license in 1996 and was an associate with Keller Williams Select in Lakewood Ranch. Joanna was born and raised in New Jersey, finding her way to Sarasota in 1994 and has lived in the Sarasota/Lakewood Ranch area for over two decades, raising a family and is actively involved in the Lakewood Ranch Community. She and her husband co-founded Tele-Name Communications in 1992, which owns and leases vanity 800 and 888 numbers on an area code basis nationwide. Joanna Ginder-Ashley is establishing a solid presence in the commercial real estate community, working with Nick DeVito II on a succession of sales and lease transactions and is also Vice-President of Sales and Marketing at Tele-Name Communications. 1 South School Avenue Sarasota, FL 34237 T 941.906.8688 x101 C 941.320.1282 F 941.906.8228 joanna@ian-black.com Memberships & Affiliations National, Florida and Sarasota/Manatee Associations of Realtors Sarasota/Manatee Chambers of Commerce CID 1 South School Avenue Suite 600 Sarasota, FL 34237 ian-black.com 10