Property Details for 714 60Th Street Ct

Year built

1986

Property size

4,501 SF

Property type

Medical Office Space

Property subtype

Office Units

Description

Exceptional investment opportunity: a 4,501-square-foot office building in Bradenton, Florida, is available for sale with a leaseback option. Located at 714 60th St Ct E, this single-story building, constructed in 1986, sits on a 18,948-square-foot lot and is situated in flood zone X, minimizing flood risk. Currently occupied by a full-service veterinary clinic including overnight boarding, the property offers a strong, stable income stream. The sale includes a 7-10 year initial lease with a tenant interested in long-term occupancy, providing a secure investment. The Net Operating Income (NOI) is $85,519, yielding a 5.7% capitalization rate on the $1,500,000 asking price. The lease includes a base rent of $19.00 per square foot (NNN) plus operating expenses and CAM, with 4% annual escalations and renewal options. This property is ideal for investors seeking a stable, income-producing asset with a built-in tenant and long-term lease security. The property is conveniently located on SR 64, less than a mile west of I-75, providing excellent access and visibility. The building is suitable for creative office or medical office uses. This sale-leaseback structure offers a unique opportunity for both immediate income and future growth potential.

Location Insight

City

Bradenton

County

Manatee

State

Florida

Longitude

-82.4852161

Latitude

27.4923224