2006 58Th Avenue Cir Bradenton, FL 34203
- Warehouses
- 9,750 SF
Current Use by Public Records
- Classic Car Restorations / Auto Restoration Service / Auto Painting
- A&M TRIM / Upholstery Shop
Property Details for 2006 58Th Avenue Cir
- Year built
- 2008
- Property size
- 9,750 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 9,750-square-foot warehouse in Bradenton, Florida, presents a compelling value-add investment opportunity. Built in 2008 and renovated in 2014, the property boasts a single-story, 22-foot ceiling height, and is situated on a 1-acre lot. The warehouse features three overhead roll-up doors (two 12' x 12' and one 10' x 10'), a 20' x 24' office space, and two bathrooms. Ample parking is provided with 16 spaces in front of the building. Currently 100% occupied by Classic Car Restorations under a lease extending to August 31st, 2029, at a modified gross monthly rent of $3,650 with no annual rent increases. The property is zoned LM and offers significant upside potential given the recent sale of a comparable neighboring warehouse at $149.00 per square foot. This property is listed at $999,000, representing an attractive price per square foot considering the long-term lease and market conditions. The property's address is 2006 58th Ave Cir E, Bradenton, FL 34203. This is a rare opportunity to acquire a well-maintained, fully leased industrial property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5386
- Latitude
- 27.4387
