5165-5261 33rd St E - Storefront FOR SALE


Bradenton, FL 34203
$9,500,000 USD
941-586-9249
5165-5261 33rd St E, Bradenton, FL for Sale
$9,500,000 USD
Storefront - FOR SALE
1/35
null | 6.92% Cap Rate

5165-5261 33rd St E
Bradenton, FL 34203


HIGHLIGHTS

  • Hi visibility along SR70 with 46,000+ Vehicles per day
  • Overabundance of parking, nearly double that required by code
  • Huge value add opportunity with contiguous land parcel and room for outparcel in parking lot

OVERVIEW

Rare opportunity to invest in a Nationally Anchored Retail Center in Bradenton, Florida. Situated on 13 Acres with frontage along SR70 and 33rd Street E with Traffic Counts exceeding 46,000 VPD. Recently re-zoned from Neighborhood Shopping Center to CG/L. This center has an overabundance of parking that may be converted to additional development opportunities. Adjacent sits a contiguous 3.1 Acre vacant parcel of land with the same zoning and being offered separately, or in addition to this Property making this combination a tremendous value add opportunity. Vacant parcel listed at $1,750,000.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

6.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manatee Town Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

649

LAND DETAILS

LAND ACRES

13 AC

LAND SF

566,280 SF

ZONING

GG/L

APN/PARCEL ID

16966-0005-9

ASK ABOUT THIS PROPERTY

Russell MellingerCPM, Inc.More Info
941-586-9249

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Russell MellingerCPM, Inc.More Info
941-586-9249

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