8614 State Road 70 E | Bradenton, FL 34202
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- LoopNet Team
8614 State Road 70 E
Bradenton, FL 34202
Ranch Lake Plaza Office Building · Office Property For Sale
Investment Highlights
- Incredible location at SR 70 & I-75 at the entrance to Lakewood Ranch
- Incredible synergy with surround medical offices and Emergency Department
- By 2028 over 60% of the building has potential to increase rents based on Fair Market Value providing tremendous upside
- Long-term net leases include three medical and one health-care related tenant.
- High traffic location adjacent to a Walmart Supercenter
- 5-year Proforma shows NOI increasing by over 40%
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
14,400 SF
Building Class
B
Year Built/Renovated
2009/2017
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,200 SF
Building FAR
0.19
Lot Size
1.70 AC
Zoning
PDC - Planned Development
Parking
86 Spaces (5.97 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 17309-4405-9 | Improvements Assessment | $1,266,681 |
| Land Assessment | $853,981 | Total Assessment | $2,120,662 |
Property Taxes
Parcel Number
17309-4405-9
Land Assessment
$853,981
Improvements Assessment
$1,266,681
Total Assessment
$2,120,662
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