714 60Th Street Ct Bradenton, FL 34208

Property Details for 714 60Th Street Ct

Year built

1986

Property size

4,501 SF

Property type

Medical offices

Property subtype

Office space

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.