5783 Manatee Ave Bradenton, FL 34209
- Retail properties
- 6,752 SF
Current Use by Public Records
- Well Groomed Pets - West Bradenton / Pet Groomer
- Luxevo Vacations / Travel Agency / Service Establishment
- Marcie With Luxeco Vacations / Travel Agency
- Luxevo Corporation / Marketing Consultant
- Heidi Hagen / Travel Agency
Property Details for 5783 Manatee Ave
- Year built
- 2009
- Property size
- 6,752 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fully leased, three-tenant retail strip center in Bradenton, Florida. Anchored by a Starbucks franchisee, the property boasts a total of 6,752 square feet situated on a 44,000 square foot lot. The building, constructed in 2009, is a single-story structure with a General Commercial (GC) zoning designation. The property operates under a Net Lease (NNN) agreement, offering a passive income stream with minimal landlord responsibilities. The current asking price is $1,950,000, translating to a price per square foot of $288.80 and a compelling 7.82% capitalization rate. The property generates a Net Operating Income (NOI) of $152,572 annually. The ground lease is in place and extends until June 30, 2060. This is a turnkey investment, offering immediate cash flow and long-term stability. The sale includes the building and improvements only. Further details are available upon execution of a Non-Disclosure Agreement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.6187
- Latitude
- 27.4955
