5,940 SqFt
5,940 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 5,940 sqft
Price per Sqft $244
Subdivision 1St National Bus Center
MLS Listing ID A4614615
HOA Y/N No
Year Built 2001
Annual Tax Amount $8,214
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Office
Source Stellar MLS
Property Description
Current Landlord has been subsidizing the CAM by charging below current expenses as well as below current market rates. Great opportunity to increase NOI by $8,500 by increasing CAM over time to current expenses. This would increase CAP rate to 7.4%.
Beautiful, well maintained, fully leased income producing office building for sale. Located on the high-traffic and high-visibility SR 64 corridor just west of I-75 and Lakewood Ranch. This building is located in the southwest corner of the Braden River Office park, closest to the Braden River Plaza which features tenants such as Gecko's, Anytime Fitness, and Tractor Supply Co. This business center overlooks a small lake with fountain, drawing attention from SR 64.
Consisting of 5,940+/- SF, this building is a fully occupied two unit building. With beautiful large columns in the front of the building, brick facade, ample parking spaces, Electric Vehicle Charging Stations, and well maintained landscape; this is a beautiful setting for any professional or medical office tenant.
Location
State FL
County Manatee
Community 1St National Bus Center
Area 34208 - Bradenton/Braden River
Zoning PDP
Interior
Cooling Central Air
Exterior
Roof Type Shingle
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Brick
New Construction false
Others
Ownership Corporation
Special Listing Condition None
Ani Palaus
Agent License ID: SL3527257
I'm Ani Palaus, your expert in Tampa Bay Coastal properties. From luxurious beachfront homes to charming coastal cottages and stunning waterfront condos, I have the experience to find your dream property. With my deep knowledge of the local market, I'll provide valuable insights and guide you through a seamless buying or selling process. Whether you're a first-time buyer or a seasoned investor, I’m here to help you achieve your real estate goals with exceptional service and dedication.