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1816 59th Ter E
Bradenton, FL 34203
Sunbelt Net Leased Property · Industrial Property For Sale

Investment Highlights

  • Well-maintained industrial property featuring a 16-foot clear height and two grade-level doors to support operational flexibility.
  • Strategic location near major transportation corridors with convenient access to Sarasota and Tampa Bay.
  • Positioned on a 0.75-acre parcel with fenced lot, delivering both operational space and security.
  • Zoned Heavy Manufacturing (HM) in Manatee County, allowing for diversified industrial uses.
  • Renovated in 2021 to ensure functionality and tenant appeal, supporting long-term occupier commitment.

Executive Summary

This property presents an exceptional investment opportunity within the growing Bradenton industrial sector. The asset consists of a single-story Class C industrial facility featuring approximately 8,025 square feet on a 0.75-acre lot. It operates under a triple-net (NNN) structure, with an attractive 5.25% cap rate and five years remaining on the base lease term, making it well-positioned for stable income generation.
The facility includes a clear ceiling height of 16 feet, two grade-level doors, and designated heavy manufacturing zoning (HM) within Manatee County. Recent improvements and strong tenant commitment enhance long-term value and operational reliability. Investors seeking durable cash flow and potential for favorable appreciation in a high-demand industrial submarket will find this property compelling.
Bradenton’s location offers ease of access to major regional transportation routes, supporting distribution and logistics requirements. Proximity to Sarasota, Tampa Bay, and regional ports further underpins tenant viability and long-term asset security.

Property Facts

Sale Type Investment NNN
Cap Rate 5.25%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.75 AC
Rentable Building Area 8,025 SF
No. Stories 1
Year Built/Renovated 2019/2021
Tenancy Single
Parking Ratio 1.49/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Zoning HM - HM (HEAVY MANUFACTURING) - MANATEE COUNTY

Amenities

  • Fenced Lot

Utilities

  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
18471-1130-9
Land Assessment
$242,086
Improvements Assessment
$663,421
Total Assessment
$905,507
  • Listing ID: 31291967

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 1816 59th Ter E, Bradenton, FL 34203

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