5783 Manatee Ave Bradenton, FL 34209
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.