5505-5805 Manatee Ave W - Storefront FOR SALE
Bradenton, FL 34209 |
5505-5805 Manatee Ave W
Bradenton, FL 34209
HIGHLIGHTS
- Winn-Dixie installed a brand-new roof in 2016 totaling 50,000 square feet.
- Built in 1977, Palma Sola Square is a 100% occupied, 117,462 SF prime supermarket-anchored shopping center in West Bradenton.
- Other featured tenants include Hancock Bank, Honey Baked Ham, Kumon Bradenton-West, Luxury Nails and Spa, Coast Seafood Grill, and Crossfit Manatee.
- Extensive renovations planned for the 50,000 SF anchor Winn-Dixie grocery store by 2023.
- Sarasota – Manatee Metropolitan Area has a population of 1.1 million, sixth-largest metropolitan area in Florida.
- Retail rents in Sarasota market are rising at a 5.8% annual rate in Q3 of 2022.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Palma Sola Square Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
117462
STORIES
1
YEAR BUILT
2025
SPRINKLERS
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PARKING SPACES
600
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
38016-1045-6,38016-1050-9
