Southwest Florida Medical Investment Property

Office for Sale
Sale Pending
Catylist Listing ID: 30716314
Property Subtypes: Business Park, Medical, Office Building
Status: Pending
Building Size (RSF): 5,000 SF
Sale Price: $1,175,000
Unit Price: $235 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 6.81%
Last Updated: 6/17/2021

Overview / Comments

Great single story income producing medical building still owned by the original developer and has never been offered for sale.​ Located on the high-traffic and high-visibility SR 64 corridor just west of I-75.​ Entire area was developed over the past 20 years, so all properties are relatively new and show in good condition.​
Braden River Business Center is an attractive complex of seven office buildings plus retail uses.​ This building sits immediately behind Hancock Bank at the entrance to Braden River Lakes residential subdivision.​ Property is very well maintained and has just received a new roof.​

Nice tenant mix and some tenants have been here for multiple terms.​

Please note that this offering is Co-Listed with SVN.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 1127210258
Property Visibility: Good
Site Description: The well maintained Braden River Business Center is home to multiple single story office buildings, a 2-story office building, bank building, and retail uses. Great place to own a property.
Area Description: Fast growing area located just west of I-75 and not far from downtown Bradenton or Lakewood Ranch. Many amenities nearby i.e. Pulbix, Office Depot, Anytime Fitness, Outback Steakhouse, Applebees, gas stations, banks, to name a few.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2000
Construction/Siding: Block, Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,128 48,773 161,438
Median Age: 42.86 40.67 42.76
Households: 4,381 19,046 65,445


Photograph of Listing Agent

Cyndi A Myers

MFCRE Member
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