Drive-Through Restaurant
For Sale
Contact for pricing
5305 26th Street West, Bradenton, FL 34207
Signalized hard-corner site with five drive-through lanes and flexible usable space for service-oriented concepts.
Property Size6,397 SF
Lot Size2.16 Acres
Price / SF$281.38
Days on Market51
Property Features for 5305 26th Street West
General Information
Standard status
Active
Size
6,397 SF
Class
B
Total Parking Spaces
37
Lot size
2.16 Acres
Property subtype
Retail, Office
Zoning
PR-M
Investment Type
Redevelopment
Additional Details
Traffic Count
49,000 vehicles/day
Building Details
Year Built
1981
Buildings
1
Listing Agency:
Matthews
(813) 488-0853
Listed By:
Jake Lurie · License #SL3510801
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 11 at 6:29PM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale drive-through building sits on a 2.16-acre hard corner site and includes an attached five-lane drive-through configuration. The property offers 6,397 square feet of usable space with an adaptable layout designed for conversion to a range of service-oriented uses. It was formerly a Fifth Third Bank branch and later configured as a childcare facility, adding to the site’s flexibility.
Located at 5305 26th Street West in Bradenton, FL, the property is positioned directly on the signalized corner of 53rd Avenue West and 26th Street West. The site benefits from visibility from all directions and a combined traffic count of over 49,000 VPD. Access is supported by three dedicated points of ingress and egress, allowing convenient movement across the site from multiple directions.
For operators seeking an existing, fully configured drive-through, the five attached lanes can reduce the time and cost associated with new construction and permitting constraints. The combination of drive-through functionality, adaptable interior space, and multiple access points supports a practical fit for concepts that require high-volume, customer-vehicle workflow and flexible facility usage.
Located at 5305 26th Street West in Bradenton, FL, the property is positioned directly on the signalized corner of 53rd Avenue West and 26th Street West. The site benefits from visibility from all directions and a combined traffic count of over 49,000 VPD. Access is supported by three dedicated points of ingress and egress, allowing convenient movement across the site from multiple directions.
For operators seeking an existing, fully configured drive-through, the five attached lanes can reduce the time and cost associated with new construction and permitting constraints. The combination of drive-through functionality, adaptable interior space, and multiple access points supports a practical fit for concepts that require high-volume, customer-vehicle workflow and flexible facility usage.
Key Highlights
- 2.16‑acre hard corner site on the signalized intersection of 53rd Avenue West and 26th Street West
- Combined traffic count of 49,000+ VPD and visibility from all directions
- Five attached drive‑through lanes—configured for drive‑through operations
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
$84,287
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
4.68%
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%
$1,685,740
$1.7M
Cap Rate 7%
$1,204,100
$1.2M
Cap Rate 9%
$936,522
$936.5K
Market Conditions
NOI Build-Up for 6,397 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
$115.1K $18.00/SF
− Vacancy
−$2.8K −$0.43/SF
EGI
$112.4K $17.57/SF
− OpEx
−$28.1K −$4.39/SF
NOI
$84.3K $13.18/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /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%
$1,685,740
Cap Rate 7%
$1,204,100
Cap Rate 9%
$936,522
Alternative Uses
Best Use
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,287 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M
NOI $131,681 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
49,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 34207, FL
35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Signalized hard-corner site with five drive-through lanes and flexible usable space for service-oriented concepts.
Where is this drive through restaurant located?
The property is located at 5305 26th Street West Bradenton, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2.16‑acre hard corner site on the signalized intersection of 53rd Avenue West and 26th Street West; Combined traffic count of 49,000+ VPD and visibility from all directions; Five attached drive‑through lanes—configured for drive‑through operations
