FL > Bradenton > 1St National Bus Center
Bradenton, FL 34208,4740 SR-64
Bradenton, FL 34208,4740 SR-64
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kristen Comstock

Kristen Comstock

+1(813) 291-0050
$1,450,000
Est. payment /mo
5,940 SqFt
Save

UPDATED:

10/15/2024 12:11 AM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

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

Originating Board Stellar MLS

Year Built 2001

Annual Tax Amount $8,214

Lot Size 0.510 Acres

Acres 0.51

Property Description

Great opportunity to purchase a net leased investment along the hot I-75 corridor in the Bradenton-Sarasota area. Part of an eight building office complex with Owners Association set up for all exterior maintenance including roofs, pressure washing, painting and parking lot maintenance. Replacement reserves in CAM to handle these items.

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

Zoning PDP

Interior

Cooling Central Air

Exterior

Waterfront false

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

Read Less Info
Stellar MLS
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by SVN COMMERCIAL ADVISORY GROUP

Go tour this home

4740 SR-64

QUICK SEARCH
More

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.