Great opportunity to complete the redevelopment of the building and site. Excellent tenant in place with executed 15-year NNN lease, and 3% annual escalations. Excellent signalized corner in Bradenton, Florida. In a great location midway between the downtown of Bradenton and Sarasota and close proximity to I-75 and the airport. Located at a signalized corner with multiple points of ingress/ egress with an onsite parking lot just south of Cortez Road, surrounded by many retailers. The property site is in the newly created "SW TIF District" and is eligible for redevelopment and infill grant monies. Property shares ingress/egress with a newly renovated retail plaza, which includes Hooters, Crunch Fitness, Livingston's Billards, Fuzzy's Tacos, Pizza Hut/Wing Street, etc. New Zaxby's Chicken is coming two lots south of the property.
|Price Increased||$1,900,000||$1,001,000 (111.35%)|
|Price Reduced||$899,000||$51,000 (5.37%)|
|Price Reduced||$950,000||$45,000 (4.52%)|
|Price Reduced (from $1,100,000)||$995,000||$105,000 (9.55%)|
Listing information courtesy of Svn Commercial Advisory Group.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on February 20th, 2020 at 9:30pm EST.