NNN Property with Leases in
New
For Sale
$2,250,000
905 Manatee Avenue East, Bradenton, FL 34208
Existing long-term NNN leases provide the property’s current lease structure.
Property Size10,000 SF
Days on Market2
Property Features for 905 Manatee Avenue East
General Information
Standard status
Active
Size
10,000 SF
Class
B
Property subtype
Office
Building Details
Building Size
10,000 SF
Year Built
1927
Listing Agency:
NDC Commercial Real Estate
Listed By:
Gavin Oberlin · License #FL #SL3461965
(941) 720-0403
Source:
Ndc-commercial
Added: Nov 4
Last Checked: Nov 4 at 2:36PM
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 NDC Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 905 Manatee Avenue East in Bradenton, this NNN property is housed in a building constructed in 1927. Long-term NNN leases are in place.
Key Highlights
- Long‑term NNN leases are in place
- Building constructed in 1927
- 905 Manatee Avenue East, Bradenton
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,296
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,265,920
$3.3M
Cap Rate 7%
$2,332,800
$2.3M
Cap Rate 9%
$1,814,400
$1.8M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$230.4K $23.04/SF
− Vacancy
−$12.7K −$1.27/SF
EGI
$217.7K $21.77/SF
− OpEx
−$54.4K −$5.44/SF
NOI
$163.3K $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 Rate 5%
$3,265,920
Cap Rate 7%
$2,332,800
Cap Rate 9%
$1,814,400
Alternative Uses
Best Use
Office B
$2.33M
$2.04M – $2.72M
NOI $163,296 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,848 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
NNN property - Existing long-term NNN leases provide the property’s current lease structure.
Where is this nnn property located?
The property is located at 905 Manatee Avenue East Bradenton, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Long‑term NNN leases are in place; Building constructed in 1927; 905 Manatee Avenue East, Bradenton
