Bradenton Industrial Property for
6115 31st St E, Bradenton, FL 34203
Single-tenant industrial property with upside potential in Bradenton, Florida.
Type:Industrial
Property size:
20,046 SFPrice / SF:
$162/SF- Added:
- Mar 9, 2026
- Days on Market:
- 117
- Last Refresh:
- Mar 19 at 10:04 pm
Property Features for 6115 31st St E
General Information
- Standard status
- Active
- Size
- 20,046 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2001
Listing office Ripco Real Estate
Listing date Mar 9, 2026
Source Crexi
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 Ripco Real Estate
HighLights
- Single tenant industrial property fully leased to a 40‑year established company (EMMI).
- Upside potential in bringing rents to market rate and converting to a NNN lease upon lease expiration in December 2026.
- Located in a strong industrial pocket off US Hwy 301, with planned road widening to 4 lanes on 63rd Avenue East, providing easy access to I‑75.
- Features 24' ceilings and a fully air‑conditioned warehouse.
- Offers both dock high and drive‑in loading capabilities.
- Includes oversized roll‑up and hangar‑style doors.
Overview
The property at 6115 31st Street East, Bradenton, is a single-tenant industrial building fully leased to EMMI, formerly known as Mader Electric, a company established 40 years ago. The current full-service lease is below market and expires in December 2026, presenting an opportunity to increase rents to market rates and convert to a NNN lease. The property features 24' ceilings, a fully air-conditioned warehouse, dock-high and drive-in loading capabilities, oversized roll-up and hangar-style doors, and a small fenced-in outside storage area. It is situated in a strong industrial area off US Hwy 301, a major north/south thoroughfare, and 63rd Avenue East, which is planned to widen to 4 lanes and extend to I-75. The property size is 20,046 square feet.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.2k | $12.48 |
| − Vacancy | −$9.3k | −$0.46 |
| EGI | $240.9k | $12.02 |
| − OpEx | −$36.1k | −$1.80 |
| NOI | $204.8k | $10.22 |
20,046 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.93M
$2.56M – $3.41M
NOI $204,780 @ 7.0% cap · market cap 6.30%
Second Best
Industrial
$2.41M
$2.11M – $2.81M
NOI $168,642 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$5.89M
$5.16M – $6.88M
NOI $412,643 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mader Electric, Inc.
Electric Motor Store
Similar Places Nearby
- Public Storage — 3009 53rd Ave E, Bradenton, FL 34203
- Store A Lot — 5120 37th St E, Bradenton, FL 34203
- StorQuest Self Storage — 3805 53rd Ave E, Bradenton, FL 34203
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5244419
- Latitude
- 27.4318813
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Single-tenant industrial property with upside potential in Bradenton, Florida.
Where is this warehouse located?
The property is located at 6115 31st St E Bradenton, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Single tenant industrial property fully leased to a 40‑year established company (EMMI).; Upside potential in bringing rents to market rate and converting to a NNN lease upon lease expiration in December 2026.; Located in a strong industrial pocket off US Hwy 301, with planned road widening to 4 lanes on 63rd Avenue East, providing easy access to I‑75.
