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6110 53rd Ave E 6,478 SF 100% Leased Office Building Bradenton, FL 34203 $2,123,632 ($327.82/SF) 6.25% Cap Rate
Executive Summary
This well-maintained, single-tenant building was constructed as three suites, but is fully occupied by MaxHealth and an affiliated partner, Dermatology Associates. Located in the very popular River Landings Office Park with direct frontage and visibility on State Road 70, a major east-west corridor in Manatee County connecting Bradenton to I-75 and into Lakewood Ranch. The River Landings Office Park/Health Park East complex is a 14-building center that includes notable tenants such as Bank OZK, Blue Wave Orthodontics, A Readiness Learning Academy, Manatee Endodontics, and Dental Care at Ward Lake. With four different access points to this site on State Road 70, Caruso Road and 63rd Street East, this site has tremendous accessibility
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
6,478 SF
Building Class
B
Year Built/Renovated
1997/2016
Price
$2,123,632
Price Per SF
$327.82
Cap Rate
6.25%
NOI
$132,727
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,478 SF
Building FAR
0.16
Lot Size
0.92 AC
Zoning
PDC
Parking
35 Spaces (5.4 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 17322-1735-9 | Improvements Assessment | $906,221 |
| Land Assessment | $540,600 | Total Assessment | $1,446,821 |
Property Taxes
Parcel Number
17322-1735-9
Land Assessment
$540,600
Improvements Assessment
$906,221
Total Assessment
$1,446,821
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6110 53rd Ave E
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