Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Furniture & Home Goods
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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