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    OFF-MARKET
    Office Spaces

    109 44Th Avenue Dr, Bradenton, FL 34203

    26,496 SF Built 1974
    Property ID
    Property summary
    AI-generated overview

    This 26,496 square foot medical office building, located at 109 44th Avenue East in Bradenton, Florida (34203), offers multiple suites for lease. Situated on a 2.13-acre lot in Manatee County's South Bradenton submarket, this property boasts a desirable location. Built in 1974 and extensively renovated in 2018, the building is zoned General Commercial (GC) and features a minimum divisible space of 2,822 square feet and a maximum contiguous space of 4,568 square feet. Currently, 7,390 square feet is vacant, offering flexible options for tenants. The building enjoys a strong tenant roster, including Davita Kidney Care, Renal Hypertension, Hestia Healthcare at Home LLC, and Dental Care Alliance. Base rent is $17.50 NNN, with pass-through expenses (CAM, insurance, and taxes) totaling only $4.00 per square foot annually. A turnkey "basic office" build-out is included in the base rent, with the landlord providing design and construction services tailored to tenant needs. Opportunities exist for more high-end construction, including custom medical office design, through negotiation. The property's APN is 4781800000.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1974
    Total area 26,496 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
    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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