825 9Th St Bradenton, FL 34205

Property Details for 825 9Th St

Year built

1942

Lot size

0.70 lot acres

Property size

13,911 SF

Zone code

BR_FBC,BR_T5

Property type

Grocery and convenience stores

APN

32732.0005-9

APU

3273200059

Description

This exceptional investment opportunity presents a single-tenant, net-leased office and retail property occupied by KEDPLASMA, a prominent global leader in plasma collection. Located in Bradenton, Florida, at 825 9th St W, 34205, this 16,357 square-foot building sits on a 1.2-acre lot and boasts a 7.25% cap rate with a strong NOI of $326,298. The property benefits from a 100% occupancy rate under a lease commencing May 1, 2017, and expiring April 30, 2032, leaving approximately 7.4 years remaining on the primary term. The lease includes 10% rent bumps every five years and four five-year renewal options, providing long-term stability and growth potential. The building enjoys a strategic location at a signalized intersection with high daily traffic volume, near major thoroughfares including US Highway 41 and Tamiami Trail. Its proximity to Manatee Memorial Hospital, The Bishop Museum of Science and Nature, and LECOM Park further enhances its desirability. The surrounding area has a robust population of over 202,800 within a five-mile radius, with an average household income exceeding $80,813. The property's tenant is backed by a corporate guaranty, and the location is in a tax-free state, adding to its overall investment appeal. The asking price is $4,500,664. This is an e-commerce resistant, essential business investment with significant upside. Built in 1942.

Location Insight

City

Bradenton

County

Manatee

State

Florida

Longitude

-82.5708

Latitude

27.4921

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments