$1,450,000
Active
54 Days Online
0 Beds0 Baths5,940 SQFT
Active

4740 Sr-64 Bradenton, FL 34208

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Great opportunity to purchase a net leased investment along the hot I-75 corridor in the Bradenton-Sarasota area. Part of an eight building office complex with Owners Association set up for all exterior maintenance including roofs, pressure washing, painting and parking lot maintenance. Replacement reserves in CAM to handle these items. Current Landlord has been subsidizing the CAM by charging below current expenses as well as below current market rates. Great opportunity to increase NOI by $10, 000 by increasing CAM over time to current expenses. This would increase CAP rate to 7.5%. Beautiful, well maintained, fully leased income producing office building for sale. Located on the high-traffic and high-visibility SR 64 corridor just west of I-75 and Lakewood Ranch. This building is located in the southwest corner of the Braden River Office park, closest to the Braden River Plaza which features tenants such as Gecko's, Anytime Fitness, and Tractor Supply Co. This business center overlooks a small lake with fountain, drawing attention from SR 64. Consisting of 5, 940+/- SF, this building is a fully occupied two unit building. With beautiful large columns in the front of the building, brick facade, ample parking spaces, Electric Vehicle Charging Stations, and well maintained landscape; this is a beautiful setting for any professional or medical office tenant.

  • Property TypeCommercial
  • Neighborhood1st National Bus Center
  • CountyManatee
  • Taxes$8,214
  • HOA/Condo/Coop Fees$0
  • Days on Site54 Days
  • MLS StatusActive
  • MLS ID NumberA4614615
  • Home Size Source Public Records
  • Year Built2001
  • Lot Size0.51 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Acreage 0.51
  • Property Sub Type Office
  • Foundation Slab
  • Zoning PDP
  • Ownership Corporation
  • Parcel Number 1127212209

Interior Features

  • Cooling Central Air

Exterior Features

  • Roof Shingle
  • Waterfront Property No
  • Road Frontage Private RoadState Road

Community Features

  • Township 34
  • MLS Area 34208 - Bradenton/Braden River

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Monthly Payment (Est.)

$7,195
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