401 Manatee Ave E - Medical FOR SALE


Bradenton, FL 34208
$3,750,000 USD
941-923-0535
401 Manatee Ave E, Bradenton, FL for Sale
$3,750,000 USD
Medical - FOR SALE
1/25
null | Request Cap Rate

NEW


401 Manatee Ave E
Bradenton, FL 34208


OVERVIEW

American Property Group of Sarasota, Inc. presents 401 Manatee Ave E, Bradenton, FL Property Type: Medical Office Owner User or Investment Property Property Size: ± 10,462 SF 1st Floor +/- 6,230 SF net rentable (Vacant) - Medical with Exam Rooms and Cancer Treatment. 2nd Floor +/- 4,232 SF net rentable (Phys Med on Lease) Physical Therapy Located just one block from Manatee Memorial Hospital, this Class A medical office building offers an exceptional opportunity for both owner-users and investors. Positioned along Manatee Avenue this building provides strong visibility and accessibility in the heart of Bradenton’s medical corridor. The first floor, totaling approximately 6,230 SF net rentable, is vacant and ready for immediate occupancy. The new owner can split the first floor into two suite as permits are in place. The current medical buildout includes exam rooms, doctor’s offices, CT treatment areas, patient changing rooms, and multiple restrooms, making it ideal for healthcare providers seeking a turnkey space. The second floor, approximately 4,232 SF net rentable, is fully leased to Phys Med (www.physmed.com) a physical therapy medical company with 7 locations. Phys Med is on a strong NNN lease in place through February 28, 2034, providing steady income and long-term stability for investors/owner users. Private elevator access connects the common lobby to the tenant’s suite. This site has 44 parking spaces (4.2 parking spaces per 1,000 sf). For information regarding the lease on the second floor suite please complete the NDA included in the brochure.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Building Near MMH Hospital

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

BR_FBC,BR_

APN/PARCEL ID

31616-0005-5

ASK ABOUT THIS PROPERTY

Adam DoakAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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Adam DoakAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

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