8614 State Road 70 E - Medical FOR SALE
Bradenton, FL 34202 |
8614 State Road 70 E
Bradenton, FL 34202
HIGHLIGHTS
- Incredible location at SR 70 & I-75 at the entrance to Lakewood Ranch
- Long-term net leases include three medical and one health-care related tenant.
- Incredible synergy with surround medical offices and Emergency Department
- High traffic location adjacent to a Walmart Supercenter
- By 2028 over 60% of the building has potential to increase rents based on Fair Market Value providing tremendous upside
- 5-year Proforma shows NOI increasing by over 40%
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Ranch Lake Plaza Office Building
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
14400
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
86
LAND DETAILS
LAND ACRES
1.7 AC AC
LAND SF
74,052 SF
ZONING
-
APN/PARCEL ID
17309-4405-9
