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2816 Manatee Ave 4,573 SF Office Building Bradenton, FL 34205 $2,075,000 ($453.75/SF) 6.12% Cap Rate
Investment Highlights
- Located on high traffic thoroughfare Manatee Avenue
- Class A High End Finishes
- Multiple Medical Offices and Hospitals Nearby
Executive Summary
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 2816 Manatee Avenue West, Bradenton, FL (the Property).
This medical suite is currently income producing on a longer-term lease; however, the existing tenant is open to vacating upon sale.
This Class A medical office has high-end finishes, 7 exam rooms, 2 treatment rooms, and large executive offices making it well suited
for a medical practice seeking a turnkey location. Exceptional road frontage on Manatee Avenue provides 'in-place advertising,' ensuring
maximum practice exposure and ease of access for patients.
This medical suite is currently income producing on a longer-term lease; however, the existing tenant is open to vacating upon sale.
This Class A medical office has high-end finishes, 7 exam rooms, 2 treatment rooms, and large executive offices making it well suited
for a medical practice seeking a turnkey location. Exceptional road frontage on Manatee Avenue provides 'in-place advertising,' ensuring
maximum practice exposure and ease of access for patients.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,573 SF
Building Class
B
Year Built/Renovated
2006/2020
Price
$2,075,000
Price Per SF
$453.75
Cap Rate
6.12%
NOI
$126,990
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,390 SF
Building FAR
0.14
Lot Size
0.74 AC
Zoning
C2 - General Commercial
Parking
26 Spaces (5.92 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Reception
- Wi-Fi
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $538,514 | |
| Land Assessment | $397,987 | Total Assessment | $936,501 |
Property Taxes
Parcel Numbers
Land Assessment
$397,987
Improvements Assessment
$538,514
Total Assessment
$936,501
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2816 Manatee Ave
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