Updated Office Condo For
For Sale
Contact for pricing
3911 Golf Park Loop, Bradenton, FL
Updated office condo in Peridia Office Park available for lease.
Property Size1,995 SF
Lot Size2.10 Acres
Price / SF$323.31
Days on Market427
Property Features for 3911 Golf Park Loop
General Information
Standard status
Active
Size
1,995 SF
Lot size
2.10 Acres
Property subtype
OFFICE
Listing Agency:
SVN Commercial Advisory Group
(941) 773-9984
Listed By:
Matt Fenske · License ##BK576074
(941) 773-9984
Source:
Moodyscre
Added: Jun 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Commercial Advisory Group
Investment Insights
Based on property information with market context.
This updated office condo is available for lease in Peridia Office Park, a well-maintained office park located in the heavily traveled SR 70 corridor. Unit 104 features professional modern finishes throughout and offers a storefront entrance leading to a reception area. The layout includes 4 private offices, a large conference or training room, a kitchen, and 2 private restrooms. The property has a total size of 1995 square feet.
Key Highlights
- Updated with professional modern finishes throughout
- Located in the meticulously maintained Peridia Office Park
- Located in the heavily traveled SR 70 corridor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,578
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$651,560
$651.6K
Cap Rate 7%
$465,400
$465.4K
Cap Rate 9%
$361,978
$362.0K
Market Conditions
NOI Build-Up for 1,995 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$46.0K $23.04/SF
− Vacancy
−$2.5K −$1.27/SF
EGI
$43.4K $21.77/SF
− OpEx
−$10.9K −$5.44/SF
NOI
$32.6K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$651,560
Cap Rate 7%
$465,400
Cap Rate 9%
$361,978
Alternative Uses
Best Use
Office B
$465.4K
$407.2K – $543.0K
NOI $32,578 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$586.7K
$513.3K – $684.5K
NOI $41,067 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated office condo in Peridia Office Park available for lease.
Where is this office units located?
The property is located at 3911 Golf Park Loop Bradenton, FL.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Updated with professional modern finishes throughout; Located in the meticulously maintained Peridia Office Park; Located in the heavily traveled SR 70 corridor
