14407 Sr 64 - Retail FOR SALE


Bradenton, FL 34212
$4,011,000 USD
980-498-3293
14407 Sr 64, Bradenton, FL for Sale
$4,011,000 USD
Retail - FOR SALE
1/5
null | 5% Cap Rate

14407 Sr 64
Bradenton, FL 34212


HIGHLIGHTS

  • NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR
  • LARGEST DENTAL ORGANIZATION GUARANTY
  • ABS. NNN LEASE STRUCTURE

OVERVIEW

ABS. NNN LEASE STRUCTURE - One of the first Abs. NNN Heartland Dental lease formats - Zero landlord Responsibilities - 12 Year lease with four (4) five (5) year extensions - 10% Rental Increases every 5 years and in extensions LARGEST DENTAL ORGANIZATION GUARANTY - Heartland Dental is the largest dental support organization in the United States - Over 1,800 Locations - 2024 Total Revenue was over $3B HIGH GROWTH & INCOME TRADE AREA - Over 524 apartment units have delivered in the past 3 years, with another 320 under construction - Average household income within a 1 mile radius exceeds $200K - Affluent demographics drive strong patient bases for Heartland Dental with more than 80K people within a 5-mile radius RAPIDLY EXPANDING MARKET - Bradenton–Lakewood Ranch area ranked among the top 5 fastest growing master-planned communities in the U.S. - Population growth exceeds 3% annually - Expanding residential base drives continued healthcare demand NEW CONSTRUCTION IN A HIGH TRAFFICKED CORRIDOR - The building has recently been built to the tenant’s newest prototype - Site is positioned off of busy SR 64 E (35K VPD) TOURISM IN HIGH GROWTH ST. PETERSBURG MSA - Tampa–St. Petersburg–Clearwater welcomed 26M+ visitors in 2023 - Sarasota–Bradenton region adds another 3.5M annual visitors - Combined tourism spend exceeds $7B annually - Creates powerful tailwinds for retail, QSR, and healthcare demand

FOR SALE DETAILS

PRICE

$4,011,000 USD

PRICE/SF

$942 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

5696-0065-9

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.