6923 53rd Ave E - Restaurant FOR SALE


Bradenton, FL 34203
$1,902,083 USD
813-488-0853
6923 53rd Ave E, Bradenton, FL for Sale
$1,902,083 USD
Restaurant - FOR SALE
1/3
null | 6% Cap Rate

6923 53rd Ave E
Bradenton, FL 34203


HIGHLIGHTS

  • LONG-TERM STABILITY – Jimmy John’s will be executing a brand-new 10-year lease, underscoring their long-term commitment to the location.
  • LONG TERM OPERATIONS – Jimmy John’s has been operating at this location since 2015, demonstrating strong historical performance
  • SCHEDULED RENT INCREASES – Both leases include 2% annual rental increases, with additional increases at each renewal option, providing built-in income
  • TRUE PASSIVE INCOME – Both tenants operate under NNN leases, with taxes, insurance, and CAM fully passed through to the tenants
  • STRONG RETAIL SYNERGY – Neighboring top national brands like Chick-fil-A, Dairy Queen, McDonald’s, Zaxby’s, Lowe’s, and more, reinforcing the area’s
  • STRATEGIC LOCATION – Situated on State Rd 70 (±60,500 VPD), just ±0.7 miles from Manatee Technical College and Braden River High School

OVERVIEW

Broker of Record Kyle Matthews License No. CQ1066435 (FL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,902,083 USD

PRICE/SF

$614 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

JIMMY JOHN'S & SUNHONEY HAIR CO.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

GC

APN/PARCEL ID

17305-0072-3

ASK ABOUT THIS PROPERTY

Jake LurieMatthews Real Estate Investment ServicesMore Info
813-488-0853

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Jake LurieMatthews Real Estate Investment ServicesMore Info
813-488-0853

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