$1,450,000
( $244.11Per Sq Foot )
 $7,784 est/mo Sourced by Back At You

4740 Sr-64 , BRADENTON, FL 34208

BRADENTON, FL 34208

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Description

Great opportunity to purchase a net leased investment along the hot I-75 corridor in the Bradenton-Sarasota area. Part of an eight building office complex with Owners Association set up for all exterior maintenance including roofs, pressure washing, painting and parking lot maintenance. Replacement reserves in CAM to handle these items. Current Landlord has been subsidizing the CAM by charging below current expenses as well as below current market rates. Great opportunity to increase NOI by $10,000 by increasing CAM over time to current expenses. This would increase CAP rate to 7.5%. Beautiful, well maintained, fully leased income producing office building for sale. Located on the high-traffic and high-visibility SR 64 corridor just west of I-75 and Lakewood Ranch. This building is located in the southwest corner of the Braden River Office park, closest to the Braden River Plaza which features tenants such as Gecko's, Anytime Fitness, and Tractor Supply Co. This business center overlooks a small lake with fountain, drawing attention from SR 64. Consisting of 5,940+/- SF, this building is a fully occupied two unit building. With beautiful large columns in the front of the building, brick facade, ample parking spaces, Electric Vehicle Charging Stations, and well maintained landscape; this is a beautiful setting for any professional or medical office tenant.

Details

MLS#A4614615
Listing TypeFor Sale
StyleOffice Building
Sub-TypeFor-sale
StatusActive
Year2001
Days On Site109
Listing Provided BySVN COMMERCIAL ADVISORY GROUP | Tony Veldkamp, CCI

Features

SQ Feet5,940
ZoningPDP
Acreage0.51

Market Activity 34208

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 6, 2024 at 7:37:57 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyManatee
CityBRADENTON
Zip Code34208
Area34208 Bradenton | Braden River
Community Name1ST NATIONAL BUS CENTER
Listing VS Median (in 1ST NATIONAL BUS CENTER)
Price:
$1,450,000
low | high
Med:
$3,350,000
81.034482758621% of Average
SqFt:
5,940
low | high
Med:
16,665
100% of Average
$ / SqFt:
$244
low | high
Med:
$218
60.739509763191% of Average
On Site:
109
low | high
Med:
109.000000
100% of Average
Sourced by Back At You
Listing Updated: August 26, 2024 at 1:19:02 PM PDT
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