4220 Manatee Ave W | Bradenton, FL 34205
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- LoopNet Team
4220 Manatee Ave W
Bradenton, FL 34205
Walgreens | Florida | $4.4M | 24 Hr Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Rental income is guaranteed by Walgreens corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- 20 YR HISTORY OF OPERATIONS & RECENTLY EXERCISED OPTION - Walgreens has a 20 year history here and recently exercised an option.
- MODEST RENT LEVELS & PRICE POINT FOR FLORIDA – Rent/SF at this location is $16.71 per quare foot and the price per square foot is $285.64.
- 24 HR STORE WITH EXCEPTIONAL SALES – This location is open 24 hours and Walgreens is reporting exceptional sales volumes at this location.
- LIMITED DRUGSTORE COMPETITION - Subject property is one of only two drugstores in the area. The nearest CVS is .25 miles east.
- TWO HOSPITALS WITHIN 3 MILE RADIUS – Blake Medical Center with 383 beds and Manatee Memorial Hospital with 319 beds are both within a three mile radiu
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,525 SF
Building Class
C
Year Built
1996
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.00 AC
Zoning
PDC - General Commercial
Parking
60 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 36568-0050-9 | Improvements Assessment | $1,701,055 |
| Land Assessment | $1,006,249 | Total Assessment | $2,707,304 |
PROPERTY TAXES
Parcel Number
36568-0050-9
Land Assessment
$1,006,249
Improvements Assessment
$1,701,055
Total Assessment
$2,707,304
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