2902 W 59th St - Medical FOR SALE


Bradenton, FL 34209
$7,500,000 USD
941-932-7131
2902 W 59th St, Bradenton, FL for Sale
$7,500,000 USD
Medical - FOR SALE
1/8
null | 5.73% Cap Rate

2902 W 59th St
Bradenton, FL 34209


HIGHLIGHTS

  • Located along West Bradentons Medical Community and only a Half Mile from HCA Blake Hospital
  • Occupancy at 92%
  • Well Established and Long Standing Medical Tenant Mix
  • Entire property has received upgrades including exterior facade
  • NNN Leases
  • 3.45 Acres with 30,000+/- Square Feet of All Medical Suites

OVERVIEW

Parkside Medical is West Bradenton's Premier Medical Community. Ideally Located on 59th Street West just a half a mile South of HCA Blake Hospital. Parkside Medical has been the home to many of Bradenton's long standing well established Medical Practices. Tenant Mix includes Surgery Centers, Labcorp, Oral Surgeon, Neurology, Women's Care, Dental, Primary Care, and much more. This park is only occupied by medical providers and is currently 92% full! Parkside Medical's ideal location, spacious open surface parking lot, and well maintained building have made this plaza a highly desirable tenant location. On average most tenants have remained at this location for more than 15 years. NNN Leases in place with upside income potential. Owners have a well established property management company in place. Interior suites renovated throughout the property with the entire exterior of buildings facade being modernized in 2019 and all common areas received fresh new finishes. Parkside offers covered and private back entries to all suites. Each tenant is offered a covered parking space behind the building. Highly Desirable Location! 59th Street West is home to HCA Florida Blake Hospital, Pointe West Medical Area, Blake Park, Coast Orthopedic West, Tanglewood Professional Park, and many more. Our Award Wining Gulf Beach are 7 miles West, World renowned IMG Academy is 10 miles South, Lake Flores the 1,000 acre mixed use new development project only 7 miles Southwest, Parkside is ideally located to service North and South West Bradenton community!

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

5.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkside Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.45 AC

LAND SF

150,282 SF

ZONING

PDP

APN/PARCEL ID

51110-2000-3

ASK ABOUT THIS PROPERTY

Angela VargaGulf Coast Commercial GroupMore Info
941-932-7131

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Angela VargaGulf Coast Commercial GroupMore Info
941-932-7131

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