Catylist ID:
#30612524
| Catylist Listing ID: | 30612524 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 15,000 SF |
| Gross Building Area: | 22,000 SF |
| Sale Price: | $4,750,000 |
| Unit Price: | $316.67 PSF |
| Property Use Type: | Investment |
| Class of Space: | Class A |
| Usable Size (USF): | 15,000 SF |
| Sale Terms: | Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/15/2021 |
Overview / Comments
|
Address: 802-814 11th St W, Bradenton FL 34205 Additional parking lot across street: 1019 9th Ave W Sale Price $5,100,000 Lease provides $314,705 NNN to the investor as of August 2021 Lease will provide for 3% annual increase Law firm has been in business for almost 100 years. Over 50 employees 27 attorneys, 6 equity partners/attorneys Gross revenue for 2017 +/- $12 million Lease Back for 8 years with options Lease personally guaranteed by six equity partners and the company for 5 year Building 22,000 sq ft +/- 15,000 sq ft finished Class A professional office space Firm’s Specialty Areas Include: Banking Business Business Litigation Estate Planning Heath Care Immigration Labor and Employment Land Use Local Government Real Estate Tax |
Attachments & Media
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Manatee |
| Tax ID/APN: | 3316010159, 3316200009, 4347000004 |
| Construction/Siding: | Block, Stucco |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,681 | 99,281 | 191,721 |
| Median Age: | 37.67 | 41.03 | 43.25 |
| Households: | 5,730 | 40,587 | 80,308 |
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
