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$ 1,199,000
Est. payment | /mo
6,190 SqFt
$ 1,199,000
Est. payment | /mo
6,190 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 6,190 sqft
Price per Sqft $193
MLS Listing ID TB8350227
Construction Status Completed
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $13,385
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 100x300
Property Sub-Type Retail
Property Description
Under contract-accepting backup offers. This highly visible and easily accessible 6,190 SF retail strip center is located on a 30,056 SF lot along busy Manatee Blvd and has huge upside potential as the current leases are priced well below market. The site consists of 5 units in 2 buildings, a front building which houses 4 units and a rear single tenant structure. Boasting 38 parking spots with space for several more, the 6.4 / 1000 parking ratio makes this site perfect for higher intensity uses such as partial restaurant or medical, which commands rents up to $24 NNN in this market for these sized units. The flexible status of the current leases offers a user or investor an ideal opportunity to renegotiate or re-tenant the current below market leases as all are currently either in a month to month status or nearing termination date in 2025. Situated in the thriving Bradenton area, this property provides a lucrative foundation for a diverse range of business ventures. Vehicle count of 34,000 per day. Surrounded by a large variety of well known retailers.
*YOU CAN ACCESS FINANCIALS VIA THE PROPERTY WEBSITE LINK AND SIGN THE CA IN DOCUMENT SECTION*
Located just west of US-41 and I-75 and close to the Sarasota/Bradenton airport.
Sale: $1,199,000
Also available for lease:
Suite A - 1,080 SF - $24.00 sf/yr NNN + CAM: $6.17 - Initial estimated monthly rent: $2,715 (includes base rate + CAM) plus applicable sales tax
Located in Bradenton, FL just west of US-41 and I-75, offering easy access to all surrounding areas.
*YOU CAN ACCESS FINANCIALS VIA THE PROPERTY WEBSITE LINK AND SIGN THE CA IN DOCUMENT SECTION*
Located just west of US-41 and I-75 and close to the Sarasota/Bradenton airport.
Sale: $1,199,000
Also available for lease:
Suite A - 1,080 SF - $24.00 sf/yr NNN + CAM: $6.17 - Initial estimated monthly rent: $2,715 (includes base rate + CAM) plus applicable sales tax
Located in Bradenton, FL just west of US-41 and I-75, offering easy access to all surrounding areas.
Location
State FL
County Manatee
Zoning GC
Direction W
Interior
Cooling Central Air
Exterior
Parking Features Over 30 Spaces
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block,Concrete
New Construction false
Construction Status Completed
Others
Ownership Corporation
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8350227
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Listed by BAY STREET COMMERCIAL LLC