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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5783 Manatee Ave Bradenton, FL 34209

6,752 SF Built 2009
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2009
Total area 6,752 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Well Groomed Pets - West Bradenton Pet Grooming Service
  • Luxevo Vacations Travel Agency
  • Marcie With Luxeco Vacations Travel Agency
  • Luxevo Corporation Advertising Agency Marketing & Advertising
  • Heidi Hagen Travel Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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