KEDPLASMA 825 9th St W 16,357 SF Retail Building Bradenton, FL 34205 $4,500,664 ($275.15/SF) 7.25% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased KEDPLASMA property positioned within the Tampa MSA located in Bradenton, Florida. The tenant began occupying the space in 2017 with a 15-year lease that runs through April 2032. The subject lease contains 10% rental escalations throughout the primary term and four 5-year renewal options. Additionally, Florida is an income tax free state, and the lease features a guaranty from KEDRION S.p.A.
The 16,357 square-foot building benefits from its strategic location at the intersection of 9th Street and 9th Avenue, which together handle 32,000 vehicles per day. 9th Street connects to US Highway 41, linking Bradenton to Tampa. Additionally, the building is situated near Tamiami Trail, a major thoroughfare in Florida with over 62,500 vehicles passing through daily. KEDPLASMA is found less than one mile southwest of the Manatee Memorial hospital, a 300-bed medical facility. Other key landmarks drawing people to the area include The Bishop Museum of Science and Nature as well as LECOM Park, the spring training home of the Pittsburgh Pirates. There are over 202,800 people living within a five-mile radius that earn an average household income of $80,813.'
KEDPLASMA is a prominent global leader in the collection of high-quality human plasma, operating over 70 plasma donation centers across the United States, and contributing to the collection of approximately 800,000 liters of plasma annually. As a subsidiary of Kedrion Biopharma, an Italian company with over 2,500 employees and a presence in more than 100 countries, KEDPLASMA plays a crucial role in supporting the treatment of rare and serious diseases, such as hemophilia, immune deficiencies, and other blood disorders.