Desirable Flex Building Investment opportunity. 23 flex space units fully occupied with varying lease terms in place. Strong NOI and the ability to increase lease rates over time. One of the most sought after property types in the State of Florida.
Discover the vibrant surroundings of the Sarasota, FL area, where the property is located. Boasting a thriving commercial landscape, Sarasota offers proximity to notable points of interest such as the Sarasota-Bradenton International Airport, the University Town Center, and a variety of upscale dining and retail destinations. With its strategic location and easy access to major transportation routes, the area presents an appealing opportunity for investors seeking to capitalize on the area's growth potential.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
