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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
- Well Above Average Branch Deposits of $126 Million (as of June 30, 2021)
- Below Market Rent - $20.79 PSF
- Large 1.47 Acre Parcel on Signalized Hard Corner
- Rental Escalations Based Upon 10% of Appraisal Value Every Five Years - Rent Escalated 79% in April 2022 When the Property was Reassessed
- Outparcel to a 13-Acre Medical Campus that is Home to HCA Florida Blake Hospital
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 | $771,909 |
| Land Assessment | $607,525 | Total Assessment | $1,379,434 |
Property Taxes
Parcel Number
39384-0005-2
Land Assessment
$607,525
Improvements Assessment
$771,909
Total Assessment
$1,379,434
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