4740 Sr-64Bradenton, FL 34208MLS Number A4614615

  • Price: $1,450,000
  • 175 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
4740 Sr-64 Bradenton FL 342084740 Sr-64 Bradenton FL 34208
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  • 0.51Acreage
  • 2001Year Built
  • 5,940Square Feet
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.
Listing Courtesy of SVN COMMERCIAL ADVISORY GROUP

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More Info

Location Information

  • Road Frontage["Main Throrughfare", "Private Road", "State Road"]

Location

  • Address4740 Sr-64
  • AreaBradenton/Braden River
  • Building Number4740
  • CountyManatee
  • StateFL
  • StreetSr-64
  • Subdivision1st National Bus Center
  • TownBradenton
  • Township 34
  • Zip34208

Basic Information

  • List Price$1,450,000
  • MLS NumberA4614615
  • Mls Status Pending
  • StatusPEN

Building

  • Building Area Source Public Records
  • RoofShingle
  • Year Built2001

Property Information

  • Acreage0.51
  • Construction Materials Brick
  • Lot Size Square Feet 22,268
  • MFR Total Acreage 1/2 to less than 1
  • Number Of Lots 2
  • Square Feet5,940

Tax Information

  • Tax Year 2023
  • Taxes$8,214

Basic Information

  • Property SubTypeOffice

Property

  • Living Area 5940
  • ZoningPDP

Utilities

  • Cooling Central Air

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed06/20/2024
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2021-08-10
  • View Count54
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of December 11, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

I agree to receive marketing and customer service calls and text messages from Fusilier Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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