1700 59th St W | Bradenton, FL 34209
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- LoopNet Team
1700 59th St W
Bradenton, FL 34209
Wells Fargo · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Extremely Rare 99-Year Corporate Ground Lease with 57.8 Years Remaining
- Below Market Rent - $20.79 PSF
- Outparcel to a 13-Acre Medical Campus that is Home to HCA Florida Blake Hospital
- Rental Escalations Based Upon 10% of Appraisal Value Every Five Years - Rent Escalated 79% in April 2022 When the Property was Reassessed
- Below Market Assessed Value of $955,000
- Well Above Average Branch Deposits of $126 Million (as of June 30, 2021)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,611 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.47 AC
Zoning
PDP
Parking
28 Spaces (6.07 Spaces per 1,000 SF Leased)
Frontage
227’ on 59th St W
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 39384-0005-2 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,335,689 |
PROPERTY TAXES
Parcel Number
39384-0005-2
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,335,689
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