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1550 Biotech Way - Bldg 1

19,938 SF Industrial Building

ABOUT 1550 Biotech Way , Sarasota, FL 34243

Price Not Individually For Sale
Building Size 19,938 SF
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 7.52 AC
Tenancy Single

Attachments

Campus Cap Rate
7201 Rent Roll

Executive Summary

Nestled within a thriving commercial and industrial hub in Sarasota, the business park at 1550 Biotech Way presents a prime industrial and office facility. The park sports five buildings, including three new industrial buildings ranging from 18,942 square feet to 19,938 square feet, a 12,500-square-foot warehouse, and an 18,400-square-foot office building. The industrial buildings and warehouse feature tilt walls, 28-foot clear heights, and air conditioning and are fully leased with 4% yearly increases. The office building features lush interior greenery, communal seating in the two-story atrium, and ample natural lighting. The second floor offers a versatile layout, offering multiple private offices, open spaces, and conferencing facilities. The office building has 4,000 square feet leased on the second floor.

1550 Biotech Way boasts a prime location, standing six miles from Downtown Sarasota and 8.5 miles from Bradenton. Sarasota Bradenton International Airport is a 7-minute drive away via 301 Boulevard E.

Access to major thoroughfares, including US Highway 301, 41, and Interstate 75, facilitates seamless connectivity to significant markets, including Tampa, Saint Petersburg, and Clearwater. Embracing the essence of Sarasota's coastal charm, this business park offers a functional and flexible workspace with proximity to the city's cultural richness and stunning beaches, such as Lido Beach and Siesta Key Beach, ensuring an ideal blend of work and leisure for discerning occupants.
  • Listing ID: 12216756

  • Address: 1550 Biotech Way, Sarasota, FL 34243

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