August 8, 2022

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Potato farm proprietor buys Sarasota workplace constructing for $1.7 million

Ryan McDonald of SVN Business Advisory Group manages deal on rental property alongside Freeway 41

Sarasota, Fla. (July 19, 2022) – The acquisition of a Sarasota, Fla., workplace constructing was something however small potatoes for one space investor.

Alan Jones, proprietor of Jones Potato Farm in Parrish, Fla., not too long ago acquired an workplace constructing at 8830 S. Tamiami Path for $1.7 million. Managing the deal, which closed July 7, was Ryan McDonald, an Advisor for SVN Business Advisory Group.

Inbuilt 1998, the property is alongside the U.S. Freeway 41 hall in a extremely populated space and busy retail heart.

McDonald represented the client, who serves on the Manatee County Farm Bureau Board of Administrators and runs a 4,000-acre farm. The vendor was Pam Rasmussen of North Creek Improvement, LLC.

“This can be a well-constructed workplace constructing with current long-term tenants who will stay with the brand new proprietor,” McDonald stated. “It’s an awesome location, near main retailers on Freeway 41. About 31,000 automobiles drive previous this property each day.”

The only-story constructing incorporates 10,060 sq. toes and rests on about an acre of land. The property is located within the coronary heart of Palmer Ranch, a preferred master-planned group of 10,000 acres.

“We’re happy with how shortly Ryan made this deal occur,” stated Matt Christian, Managing Director of SVN Business Advisory Group. “The consumer approached him, asking concerning the availability of earnings property within the space. Inside 5 days, Ryan had this workplace constructing below contract.”

About SVN Business Advisory Group
A full-service business actual property brokerage agency, SVN Business Advisory Group works with massive firms, center market companies and particular person entrepreneurial traders. The group supplies advisory providers for the sale, leasing and administration of business properties.
Advisors at SVN Business Advisory Group have deep expertise working with many kinds of funding actual property. They serve the higher areas of Sarasota, Manatee and Charlotte counties. For extra data on the SVN Business Advisory Group, go to suncoastsvn.com.

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