New Retail Center -4050 sf -SR 70 & US 301

Shopping Center for Sale
Catylist Listing ID: 30593247
Property Subtypes: Community Center, Fashion/Specialty, Free-Standing Store, Mixed Use, Neighborhood Center, Outlet Center, Strip Center
Building Status: Under Construction
Building Size (RSF): 4,850 SF
Gross Land Area: 1 Acre
Sale Price: $1,100,000
Unit Price: $226.80 PSF
Ceiling: 20 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: SR 70 Center
Usable Size (USF): 4,850 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2020

Overview / Comments

Shell ready in June/July of 2020...........This property is being offered as a shell building ready for a tenant build-out as needed....Owner will add mechanical, interior and plumbing as needed. Shell includes completed site, parking lot, on site retention, access and egress exterior finish in stucco, paint, metal roof deck and TPO roof membrane, storefront glass high ceilings suitable for 2 tenants with a house panel and a total of 500 amps including 3 phase transformer and panel. Owner is contractor.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 1775300005
Zoning: CG
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: SR 70 and US 301 is within 100 yards and about 6 miles to I75
Property Visibility: Excellent
Largest Nearby Street: SR 70 or 53rd Ave East
Feet of Frontage: 150
Highway Access: US 301 is within a 1/4 mile and I75 is about 6 miles East to Lakewood Ranch area...
Airports: SRQ
Site Description: infill lot between Racetrack and Cedar Plaza .....Close proximity to Sams Club, Walmart in high growth corridor of Bradenton and Sarasota MSA
Area Description: moderate but improving area of fast grow and high traffic area of Manatee County and gateway (us 301) to Sarasosta
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,050 SF
Property Condition: Excellent
Year Built: 2020
Roof Type: Flat
Construction/Siding: Block
Exterior Description: stucco
Parking Ratio: 22 (per 1000 SF)
Parking Type: Structure
Parking Description: general
Total Parking Spaces: 22
Sprinklers: None
Interior Description: shell - No finishes as grey shell
Zoning Description: CG
Lot Frontage: 150 ft -on SR 70
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Utilities
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,477 75,101 186,621
Median Age: 47.38 42.33 43.8
Households: 1,489 29,925 79,146


Photograph of Listing Agent

Mike W Sporer

MFCRE Member
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