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Sunbelt Net Leased Property 1816 59th Ter E

8,025 SF Industrial Building Bradenton, FL 34203 $2,285,000 ($285/SF) 5.25% Cap Rate

Warehouses Florida Bradenton 1816 59th Ter E, Bradenton, FL 34203

Executive Summary

Excellent investment opportunity in Bradenton, FL. 5 years remaining on base term

Property Facts

Price $2,285,000 Lot Size 0.75 AC
Price Per SF $285 Rentable Building Area 8,025 SF
Sale Type Investment NNN No. Stories 1
Cap Rate 5.25% Year Built/Renovated 2019/2021
Sale Conditions 1031 Exchange Tenancy Single
Property Type Industrial Parking Ratio 1.49/1,000 SF
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
 Clear Ceiling Height 16’
Building Class C No. Drive In / Grade-Level Doors 2
Price $2,285,000
Price Per SF $285
Sale Type Investment NNN
Cap Rate 5.25%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.75 AC
Rentable Building Area 8,025 SF
No. Stories 1
Year Built/Renovated 2019/2021
Tenancy Single
Parking Ratio 1.49/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot

Utilities

  • Sewer
  • Heating
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1816 59th Ter E, Bradenton, FL - aerial map view

PROPERTY TAXES

Parcel Number 18471-1130-9 Improvements Assessment $596,956
Land Assessment $153,700 Total Assessment $750,656

PROPERTY TAXES

Parcel Number
18471-1130-9
Land Assessment
$153,700
Improvements Assessment
$596,956
Total Assessment
$750,656

zoning

Zoning Code HM (HM (HEAVY MANUFACTURING) - MANATEE COUNTY)
HM (HM (HEAVY MANUFACTURING) - MANATEE COUNTY)
(850) 933-6587

Contact

  • Listing ID: 31291967

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 1816 59th Ter E, Bradenton, FL 34203

More public record information on 1816 59th Ter E, Bradenton, FL 34203

The Industrial Property at 1816 59th Ter E, Bradenton, FL 34203 is currently available for sale. Contact The Naumann Group Real Estate, Inc for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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Sunbelt Net Leased Property | 1816 59th Ter E
(850) 933-6587 x

Sunbelt Net Leased Property | 1816 59th Ter E

Brian Messer

(850) 933-6587

(850) 933-6587

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